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H-P Offers Sunny Outlook, Despite Crisis

 

NEW YORK -- Hewlett-Packard (HP Quote) says it expects fiscal fourth-quarter results above Wall Street's expectations despite the bad economy.

The news is sending the company's shares up sharply in premarket trading.

The Palo Alto, Calif.-based technology company said Tuesday its global reach, diverse customer base and cost-cutting measures are helping it weather the economic downturn. ...

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