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HP's outlook disappoints, shares hit nine-year low


Ron Burgundy
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2012-10-04T062658Z_2_CBRE8930CIG00_RTROPTP_2_HP-INVESTORS.JPGSAN FRANCISCO (Reuters) - Hewlett-Packard Co's shares plunged to a nine-year low on Wednesday after Chief Executive Meg Whitman warned of an unexpectedly steep earnings slide in 2013, with revenue set to fall in every business division except software. Wall Street had hoped for quicker signs of progress on Whitman's turnaround plan, which centers on transforming the former industry powerhouse into an enterprise computing corporation that can take on IBM and Dell Inc. ...

 

 

 

http://news.yahoo.com/hps-outlook-disappoints-driving-shares-nine-low-023004710--finance.html

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