May 22, 2014 at 16:14 PM EDT
H-P Profit Rises; Company To Cut 11,000 To 16,000 Jobs
Hewlett-Packard on Thursday reported a fiscal second-quarter profit of $1.27 billion, or 66 cents a share, compared with a profit of $1.08 billion, or 55 cents a share, for the year-earlier period.
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