US
Hewlett Packard forecasts second-quarter revenue below Wall Street estimates as businesses scale down use of its tech
Global shipments of PCs, the industry's collective term for laptops and desktops, grew 55.2% during the first quarter
'The Leaky Cauldron' and 'Mugglenet' sites have more than one mn Facebook followers
California-based HP had rejected the last Xerox bid as too low
The company will cut jobs through a combination of employee exits and voluntary early retirement
Enrique Lores will take over the CEO position on November 1
The move would hurt consumers and the industry
HP has named Jos Brenkel as the interim COO
Shares of the company rose 5.3 per cent to $22.53 after the bell
Figures represent a 11th straight quarter of declining shipments