Sunday, May 22, 2011

HP moves report of earnings, stock shows the trac

SAN FRANCISCO - Hewlett-Packard has sharply reduced his report quarterly earnings a day after a memo from CEO Leo Apotheker (AH-poh-thay-kehr) warning of "quarter hard another"disclosed to the media, send shares of the company down.""

The announcement of the end Monday highlights the pressing concerns weighing on the largest technology company in the world by revenue on its strategy for growth and management under the new leadership.

HP should results of report for the period from February to April on Wednesday, but is now considering releasing them Tuesday morning before the opening of the market.

The announcement was made after reports resurfaced that Apotheker warned its executives in a May 4 note HP was preparing them for the difficulty of the period from May to July.

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