May 22 - Summary: Hewlett-Packard posted weaker-than-expect ed sales and increased the number of planned job cuts to 50,000 at most; Wall Street ralli (more)

May 22 - Summary: Hewlett-Packard posted weaker-than-expected sales and increased the number of planned job cuts to 50,000 at most; Wall Street rallies as home resales offset rise in jobless claims. Conway G. Gittens reports.

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