Hewlett-Packard Co. , the world’s largest computer maker, forecast earnings and sales for fiscal 2011 that exceeded analysts’ estimates and said it’s considering good internal and external chief executive officer candidates.
Hewlett-Packard Co. rose the most in eight months after the world’s largest personal-computer maker announced plans to slice its workforce by 27,000 and reported quarterly sales and profit that topped estimates, buoying optimism for a turnaround.
Hewlett-Packard Co. ’s Mark Hurd resigned as chief executive officer after an investigation found he had a personal relationship with a contractor who received numerous inappropriate payments from the company.
Hewlett-Packard Co., the largest personal-computer maker, forecast fiscal second-quarter profit that exceeded analysts’ estimates, helped by cost-cutting measures and a smaller-than-projected drop in service sales.
Hewlett-Packard Co., the largest personal-computer maker, rose the most in three months after its fiscal third-quarter profit forecast topped estimates as cost cuts help make up for slumping desktop and laptop demand.