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Thursday, December 10 2009  |  03:16 EDT  | 
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Market Currents

Wednesday, May 20, 2009
8:23 AM TweetThis
  • H-P (HPQ) threw cold water on suggestions industry sales were stabilizing after it announced another 6,400 layoffs yesterday. During its FQ2 earnings call, CEO Mark Hurd predicted full-year sales would decline 4-5% vs. a previous 2-5%, and said "CEOs have been giving marching orders to be very particular about new projects." HPQ -4.2% premarket.
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