H-P earnings jump on strong PC sales; forecast raised

Date: Tue, 19 Feb 2008 22:01:04 (GMT)

H-P earnings jump on strong PC sales; forecast raised

SAN FRANCISCO
Hewlett-Packard Co. on Tuesday reported a 38% rise in first-quarter
earnings as the world's No. 1 personal computer company said strong
shipments of notebook and desktop PCs led to strong growth in sales.

Crude closes above $100 for first time ever on OPEC talk

Crude-oil futures surged nearly $5 Tuesday, to close above the $100 a
barrel mark for the first time ever, as concerns that the Organization
of Petroleum Exporting Countries may cut production boosted prices.

MarketWatch First Take: Consumers finally have clarity on next
generation DVDs

SAN FRANCISCO
Consumers finally have clarity now on the next generation DVD players,
following Toshiba's concession Tuesday to Sony's Blu-ray technology.

U.S. stocks close with losses after oil tops $100 a barrel

U.S. stocks reverse course and close lower after crude oil settles above
$100 a barrel for the first time, spooking investors.