Strong dollar hurts HP's earnings forecast
Hewlett-Packard Co reported flat or lower quarterly revenue in all of its operating units on Tuesday, and forecast full-year earnings well below analysts' expectations due to a strong U.S. dollar. Its shares tumbled 6.7 percent in after-hours trading.
The world's No. 2 PC maker, which has struggled to adapt to the new era of mobile and online computing, is preparing to split into two listed companies later this year, separating its computer and printer businesses from its faster-growing corporate hardware and services operations.
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