U.S. stocks rebound on possible Fed move, solid H-P results

11:46 am ET Nov 20, 2007

DJIA

13,059

+101.29

S&P

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NASDAQ

2,624

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10Yr

4.11%

+0.030

U.S. stocks rebound on possible Fed move, solid H-P results

NEW YORK
U.S. stocks traded higher Tuesday on optimism fueled by Hewlett-Packard
Co.'s solid results and renewed hopes of another interest-rate cut.

H-P profit gain boosts shares

NEW YORK
Hewlett-Packard Co. on Monday reported a 28% rise in its fourth-quarter
earnings as the computing and printing giant saw growth across all its
main business areas, leading to revenue of $28.3 billion.

Economic Report: U.S. Oct. housing starts rise on apartment sector

WASHINGTON
Builders broke ground on new apartments at a faster pace in October, but
the data brought little cheer to economists looking for a bottom to the
housing recession.

Target surprises market with 4.4% fall in profit

NEW YORK
Target Corp., the No. 2 U.S. discounter, reported an unexpected 4.4%
decline in third-quarter profit, hurt by sluggish sales of apparel and
home goods.

'Conditions' should be right for getting free online shipping

CHICAGO
Online purchasing will once again be a hot button for consumers wanting
to avoid the crowds or shop early this holiday. According to the
National Retail Association, the most popular shipping promotions will
be free shipping with conditions, which will be offered by nearly 79% of
major retailers.