CEO Meg Whitman notes that HP "still has a lot of work to do to generate the kind of growth we want to see," but "we expect the benefits from our restructuring will accelerate through fiscal 2013."
Shares of Zynga, already down below $3, fall further after the company reached a new deal that lets Facebook build its own game. But Facebook says it has no intention to do so.
IBM reported first-quarter earnings of $2.9 billion, or $2.31 a share, as most of its businesses and product lines delivered solid growth.
Apple's stock is currently hovering around the $600 mark, but will nearly double in the next year according to an analyst.
Company manages to meet Wall Street's expectations and surpass them thanks to boosts from PayPal, other subsidiaries, and a strong holiday season.
Next Ubuntu Linux for desktops and Netbooks will launch Sunday with new cloud features, an updated interface, and better links with other operating systems.
Cowon's S9 portable media player is now available with 32GB of storage capacity and improved firmware.
As Circuit City makes note of two "interested parties," holiday season results spur Best Buy to revise its earnings expectations.
Wall Street continued downward trend for fourth consecutive day, despite President Bush unveiling a new stimulus package.
Software maker says program that donates food to the hungry when people download IE 8 will run through September. However, it appears Microsoft is not hiking its maximum donation.