Wall Street stays afloat on firm data but HP drags
NEW YORK (Reuters) – Wall Street ended modestly higher on Wednesday on stronger-than-expected U. S. labor and service-sector data, but the Dow industrials were hobbled by a slide in Hewlett-Packard. Shares of Hewlett-Packard dropped sharply after the company warned on Wednesday of a darker outlook for 2013 earnings, reflecting slow progress on CEO Meg Whitman’s turnaround plan while technology spending sputters and driving its stock down 13 percent to a nine-year low. The three major U. S. . . .
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