HP Third-Quarter Forecast Misses Estimate

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May 23 (Bloomberg) -- Hewlett-Packard Co. forecast fiscal third-quarter profit that missed analysts’ estimates on slumping demand for printers, data-center equipment and services, and said it will cut 27,000 jobs, or about 8 percent of its staff. Cory Johnson reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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