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(Reuters) – Hewlett-Packard Cos shares rose as much as 7 percent on Friday, a day after the personal computer maker said it would cut as many as 16,000 more jobs and forecast strong free cash flow for the year. Chief Executive Meg Whitman said on Thursday that HPs turnaround plan remained on track and the […]

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By Edwin Chan SAN FRANCISCO (Reuters) – Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitmans years-long effort to turn around the personal computer maker and relieve pressure on its profit margins. But some analysts wondered whether it signaled a worsening outlook for the coming […]

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