HPQ Profit Up 5 pct., but PC Sales Are Declining
Business, Featured Tuesday, May 17th, 2011
US stocks extended losses into a third straight session Tuesday, after disappointing housing data and a lowered forecast from Hewlett-Packard Co. signaled the economy still faced a tough path to full recovery. The Dow Jones Industrial Average DJIA -0.95% traded down 130.93 points at 12,417.44. Hewlett-Packard HPQ – Hewlett-Packard reported Tuesday that sluggish sales [...]