At Least 2011 Is Over: HP Reports Q4 and Full-Year Results

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HP announced fourth-quarter and full-year fiscal 2011 results on November 21. The company’s fiscal year ended October 31. While results were hardly uplifting—they included a stunning 91 percent drop in net earnings in the fourth quarter—HP’s third-quarter results announcement was so disastrous, in particular the restructuring plans the company announced (see “HP Restructures After Disappointing

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