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FILE - In this March 8, 2009 file photo, the Hewlett-Packard Co. facility in Palo Alto, Calif., is shown. Hewlett-Packard Co. releases quarterly earnings after the market close Monday, Nov. 23, 2009. (AP Photo/Paul Sakuma, file)

HP profit jumps on cost cuts, new market expansion

Tue Nov 24, 12:03 AM ET

SAN FRANCISCO - Hewlett-Packard Co.'s cost-cutting and push into new markets is helping soften the blow from weakness in the company's mainstay businesses.

  • In this photo taken Friday Nov. 20, 2009, the Foursquare application is shown on an iPhone in front of a Starbucks in San Francisco. Foursquare lets you share your whereabouts with friends, no matter if you're at a hot new bar or a neighborhood pet store. (AP Photo/Russel A. Daniels)
    Friends go online at Foursquare to meet offline Mon Nov 23, 2:12 PM ET

    SAN FRANCISCO - Laura Fitton's ascent has been staggering: In less than a year, she's become mayor of nine different places in several different states, all without giving any speeches or kissing any babies.

  • Google scoops up display ad specialist Teracent Mon Nov 23, 2:33 PM ET

    MOUNTAIN VIEW, Calif. - Google Inc. has snapped up another startup in its quest to sell more visual advertising on the Web.

  • Canada woman to fight insurance co. over Facebook Mon Nov 23, 4:29 PM ET

    MONTREAL - A Canadian woman on sick leave for depression said Monday she would fight an insurance company's decision to cut her benefits after her agent found photos on Facebook of her vacationing, at a bar and at a party.

  • Retailers look to stretch out Cyber Monday push Mon Nov 23, 4:35 PM ET

    NEW YORK - Retailers are thinking beyond Cyber Monday — a holiday marketing promotion many push for the Monday after Thanksgiving — and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.

  • Apple's Vice President of iPod and iPhone Product Marketing, Greg Joswiak speaks during an event to officially launch the Apple iPhone for the first time on Mainland China in Beijing, China, Friday, Oct. 30, 2009. The mobile device which has been available for years through unofficial channels in China will finally be accessible to millions of user in one of the world's largest mobile phone market. (AP Photo/Ng Han Guan)
    South Koreans to get Apple's iPhone this week Sun Nov 22, 2:49 AM ET

    SEOUL, South Korea - Apple Inc's iPhone is coming to South Korea this week, a local carrier announced Sunday, bringing the iconic communications device to one of the world's most sophisticated mobile phone markets.

  • Newspaper circulation may be worse than it looks Mon Nov 23, 12:00 AM ET

    SAN FRANCISCO - While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling more copies.

  • Fox CEO wants US to join France on Internet piracy Mon Nov 23, 11:35 AM ET

    ATHENS, Greece - The chief executive of Fox Filmed Entertainment said Monday the U.S. should join France in cutting off the Internet connection of users who repeatedly download copyright-protected films.

  • Key scientist says politics behind stolen e-mails Mon Nov 23, 11:52 PM ET

    BOULDER, Colo. - A leading climate change scientist said hackers breaking into a university's computer server and then posting documents online show the nasty politics of global warming.

  • B&N Nook sells out, too late for holiday orders Fri Nov 20, 3:43 PM ET

    NEW YORK - Consumers who haven't yet ordered Barnes & Noble's electronic book reader, the Nook, won't see one before Christmas.

  • Sony Corp. Chief Executive Howard Stringer, center, Executive Deputy President Hiroshi Yoshioka, left, and Executive Vice President Kazuo Hirai smile as they show the company's latest products, digital still camera DSC-TX1, e-book 'Reader,' and a new remote controller for PlayStation 3, respectively, during a press conference in Tokyo Thursday, Nov. 19, 2009. Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games should help build brand loyalty, Hirai said Friday. (AP Photo/Shizuo Kambayashi)
    Sony hopes online service will build brand loyalty Fri Nov 20, 5:43 AM ET

    TOKYO - Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games should help build brand loyalty, a top executive said Friday.

  • Abdulmanam Almushawah, the head of a Saudi government program called Assakeena, checks radical web sites in Riyadh, Saudi Arabia, Saturday, Nov. 14, 2009. Assakeena, Arabic for 'God's Presence', aims at combating Islamic militant Web sites. (AP Photo/Hassan Ammar)
    200 Web sites spread al-Qaida's message in English Fri Nov 20, 1:28 AM ET

    RIYADH, Saudi Arabia - Increasing numbers of English-language Web sites are spreading al-Qaida's message to Muslims in the West. They translate writings and sermons once largely out of reach of English readers and often feature charismatic clerics like Anwar al-Awlaki, who exchanged dozens of e-mails with the Army psychiatrist accused of the Fort Hood shootings.

  • Lester leads Hofstra past Yale 68-63 Mon Nov 16, 8:52 PM ET

    STORRS, Conn. - Nathaniel Lester scored 19 points and Hofstra held off Yale 68-63 in the first round of the NIT Season Tip-Off on Monday night.

  • Web sites cater to for-sale-by-owner home sellers Fri Nov 20, 1:45 PM ET

    LOS ANGELES - Selling a home without a real estate agent can save thousands of dollars in commission fees, but it can also be a painstaking, confusing task.

  • FILE - In this Dec. 3, 2007 file photo, a view of the headquarters of Vivendi SA in Paris, is shown. Media and entertainment conglomerate Vivendi SA is nearing a decision Friday, Nov. 20, 2009, on whether to sell its stake in NBC Universal, which would clear the way for the creation of one of the most powerful media companies in the world. (AP Photo/Jacques Brinon, file)
    GE, Vivendi talks over NBC Universal stretch on Fri Nov 20, 4:09 PM ET

    PHILADELPHIA - A deal for Comcast Corp. to buy a controlling stake in NBC Universal and create one of the most powerful media companies in the world is taking longer than expected as the current owners tussle over price.

  • Yahoo jumps on Twitter bandwagon to improve search Thu Nov 19, 2:38 PM ET

    SAN FRANCISCO - Yahoo Inc. is jumping on the Twitter bandwagon in its latest attempt to get people to use its Internet search engine more frequently.

  • In this image made from video and released by NASA, astronaut Robert Satcher Jr., top, and astronaut Randolph Bresnik are seen working on the International Space Station, Monday, Nov. 23, 2009. The pair of astronauts stepped out on the third and final spacewalk of their shuttle mission Monday, helping to install an enormous oxygen tank at the International Space Station. Atlantis and its crew of seven will depart the space station Wednesday. (AP Photo/NASA)
    Astronauts take spacewalk No. 3 after suit snag Mon Nov 23, 5:05 PM ET

    CAPE CANAVERAL, Fla. - A pair of astronauts zipped through the third and final spacewalk of their mission Monday, helping to install a 1,200-pound oxygen tank at the International Space Station and accomplishing everything else on their list.

  • FILE - In this June 30, 2009 file photo, a man works behind Dell laptops on display at a computer store in Beijing, China. Dell Inc. reports quarterly earnings after the market close Thursday, Nov. 19, 2009. (AP Photo/Greg Baker, file)
    Dell's profit, stock drop on weak quarterly report Fri Nov 20, 10:57 AM ET

    SAN FRANCISCO - Some of the computer industry's biggest players — such as IBM Corp., Intel Corp. and Hewlett-Packard Co. — have wowed Wall Street this fall with stronger-than-expected profits.

  • Google adding automatic captions to YouTube videos Thu Nov 19, 2:31 PM ET

    WASHINGTON - Think of it as closed captioning for the new media world.

  • On The Call: HP CEO on 3Com acquisition Mon Nov 23, 9:46 PM ET

    SAN FRANCISCO - One area where Hewlett-Packard Co. is expanding aggressively is computer networking, the home turf of market leader Cisco Systems Inc. Earlier this month HP announced plans to buy Cisco competitor 3Com Corp. for $2.7 billion to supplement HP's own line of networking gear.