[Reuters] HP forecast beats Street, CEO says overhaul taking hold

Posted by: UGN Security

[Reuters] HP forecast beats Street, CEO says overhaul taking hold - 02/21/13 05:28 PM

SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly revenue and forecasts beat Wall Street expectations as it continued to cut costs under CEO Meg Whitman's turnaround plan, sending the No. 1 personal computer maker's shares up over 5 percent.