H-P Boosts Second-Quarter Guidance

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Hewlett-Packard raised its fiscal second-quarter expectations Tuesday, citing strong showings from its personal systems group and server business.

The computer hardware and software giant said that for the quarter ended April 30, revenue should be between $25.50 billion and $25.55 billion. H-P is looking for adjusted profits of 69 cents to 70 cents a share. After all items are included, earnings will likely be 64 cents to 65 cents a share.

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