HP triples stock buyback plan, profit up 14 percent (Reuters)

A HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva August 4, 2009. REUTERS/Denis BalibouseReuters - Hewlett-Packard Co tripled the size of its share repurchase program to $12 billion, as a strong performance in China and improved profit margins in its services business helped boost quarterly earnings.


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