Hewlett-Packard CEO Mark Hurd seems to have managed to cut the fat from the company without hitting any of its internal organs. HP reported a 10 percent increase in third-quarter earnings Tuesday, while profits rose 14 percent to $2 billion. Net revenues at HP (HPQ) were $28 billion, up 10 percent from the same period last year, and earnings per share were 80 cents, which beat analysts’ expectations and the company’s own projections.
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Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Hewlett-Packard CEO Mark Hurd seems to have managed to cut the fat from the company without hitting any of its internal organs. HP reported a 10 percent increase in third-quarter earnings Tuesday, while profits rose 14 percent to $2 billion. Net revenues at HP (HPQ) were $28 billion, up 10 percent from the same period last year, and earnings per share were 80 cents, which beat analysts’ expectations and the company’s own projections.
