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H-P Stays on Track
Updated from 4:42 p.m. EST
Hewlett-Packard(HPQ Quote) moved forward with its turnaround, reporting better-than-expected financial results and an optimistic earnings outlook for the year ahead.
Shares of H-P moved 6% higher to $30.74 on Instinet in after-hours trading.
The company said sales for the fourth quarter, which ended Oct. 31, were $22.9 billion, up 7% year over year and above analysts' expectations of $22.78 billion. ...
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