- HP Earnings: Another Upside Surprise? The Exchange
The media are abuzz with condemning assessments of HP's second quarter, due to be reported after market close Wednesday. Here’s the deal, though. HP has surprised to the upside the past three quarters. Should we expect the same contortion here?
- Fed Weighed Slowing its Pace of Bond Purchases AP
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer — if the economy showed strong and sustained growth.
- IRS Official Lerner: 'I Did Nothing Wrong' AP
The IRS official at the center of the storm over the agency's targeting of conservative groups told Congress she had done nothing wrong in the episode, and then invoked her constitutional right to refuse to answer lawmakers' questions.
Hewlett-Packard's nearly 50% gain has left it atop the 30 companies that make up the Dow, and yet, its support on Wall Street is razor thin.