Jobs Hold Steady, Stocks Up (AAPL, HPQ)

Major indices were up around half a percent today, as jobless benefits last week held steady at their relatively low level. Strong German lfo business confidence data sent up the euro today. In corporate news, Apple (AAPL) will cave to investor demands to make the selection of board members stockholder majority-vote based, and also discussed the possibility of issuing dividends for the first time since 1995. Hewlett-Packard's (HPQ) Q1 revenue slipped 7 percent and investors punished them in the markets for it today.

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Published on Feb 23, 2012
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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