Hewlett-Packard Beats the Street

McDonald's drops on mad cow fears; Home Depot surges; plus more of today's stocks in the news

Hewlett-Packard (HPQ ) posted April-quarter earnings per share of 29 cents (excluding items) that beat analysts' average estimates of 27 cents. On a GAAP basis, the computer and printer maker posted 22 cents earnings per share, vs. 24 cents a year ago. Revenue was $17.98 billion, slightly higher than estimates. H-P reaffirmed estimates for the second half of the year.

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