After spending the last six months making headlines in its attempt to resurrect itself, Hewlett Packard finally made the news for all the right reasons. The company’s earnings for Q4 were 73 cents per share, up from losing $3.49 in the prior year after the botched Autonomy software acquisition deal. And while net revenue for the quarter was $112.3 billion, down 7 percent from last year, it still came in ahead of analysts’ estimates of $107.5 billion. Investors applauded in their own way, boosting shares 7 percent in afterhours trading. Is this a holiday miracle?
The stock market made history again today wnen the Nasdaq composite index finished above 4,000 for the first time since 2000 and the Dow Jones Industrial Average kept rising to set a new record-high close.
PREMIUM SERVICES FOR INVESTORS
Dr. Mark Skousen
Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: