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Hewlett Packard (HPQ), the Silicon Valley pioneer, reported a 14% jump in profit Monday night, thanks to cost-cutting measures that more than offset an 8% reduction in revenue. The results weren't a surprise: HP provided guidance earlier this month, when it announced plans to acquire 3Com, the...

Looking over the IBM earnings call transcript for the third quarter of 2009, it's really hard to find much to fault with the company's efforts. But you can't squeeze blood from a stone and IBM (IBM) shares were sold off on October 16 to the tune of 4.3 percent by concerned investors. Big Blue,...