HP Slashes Its Outlook; Stock Drops

Hewlett-Packard (HPQ) shares fell 7.3% Tuesday to a nearly two-year low after the firm cut its outlook, citing Japan, weak consumer PC sales and "reduced operating profit expectations for services." HP released its fiscal Q2 results early Tuesday in the wake of a memo from CEO Leo Apotheker, leaked late Monday, telling managers to curb their hiring and spending in order to prepare for a "tough" current quarter. "One thing that HP rarely does is

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