HP’s 2013 outlook falls flat, shares near nine-year low
SAN FRANCISCO (Reuters) – Hewlett-Packard offered a 2013 earnings outlook on Thursday that underscored slow progress on CEO Meg Whitman’s turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low. Shares in the largest U. S. technology company by revenue plummeted as much as 7 percent after it forecast earnings, excluding certain items, of between $3. 40 to $3. 60 a share in fiscal 2013. . . .
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