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SAN FRANCISCO (AP) — Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain.
By Maria Golovnina and Guy Faulconbridge LONDON (Reuters) - A British soldier was hacked to death by two men shouting Islamic slogans in a south London street on Wednesday, in what the government said appeared to be a terrorist attack. A dramatic clip filmed by an onlooker just minutes after the killing showed a man with hands covered in blood, brandishing a bloodied meat cleaver and a knife. "We swear by almighty Allah we will never stop fighting you. ...
By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While fiscal second-quarter profit plummeted 32 percent, Wall Street had braced for worse. HP shares gained 14 percent after the company projected full-year earnings per share of $3.50 to $3.60, raising the lower end by 10 cents, and fiscal third-quarter profit that topped analyst estimates. ...
By Richard Cowan WASHINGTON (Reuters) - Supporters of U.S. immigration reform are hoping that the smooth and drama-free passage of their legislation through a Senate committee - a departure from almost everything that has happened in Congress over the past four years - will boost the likelihood of the bill winning full Senate approval. Even Senator Charles Grassley of Iowa, the senior Republican on the Judiciary Committee who voted against the immigration bill on Tuesday, told Reuters TV that the "very fair" debate by the panel "does improve its chances. ...