U.S. stocks advance, bolstered by HP's outlook

Date: Tue, 18 Nov 2008 12:01:25 -0500
U.S. stocks advance, bolstered by HP's outlook

U.S. stocks move higher as investors key on technology titan
Hewlett-Packard's surprisingly rosy profit picture as well as renewed
speculation about Internet bellwether Yahoo's fate.

PAULSON, BAIR CLASH OVER AID TO TROUBLED HOMEOWNERS

A simmering closed-door debate between top government officials over
the priorities of the government's financial market rescue package
spills out into
public.

H-P SHARES SURGE ON STRONG RESULTS, OUTLOOK

Shares of Hewlett-Packard rally after the tech giant says it would
beat Wall Street's targets for its fiscal fourth quarter and for 2009,
marking a rare move among big-cap names in the current economic
environment.

HOME DEPOT PROFIT DROPS LESS-THAN-FORECAST 31%

Home Depot reports a 31% drop in its fiscal third-quarter profit as
consumers curtail big-ticket and other discretionary spending, leading
the world's top home-improvement retailer to lower its sales
projection for the year but keep its profit outlook.

EX-AMERICAN AIRLINES CHIEF SAYS DOWNTURN CAN SAVE CARRIERS

A severe downturn could be just the opportunity the airline sector
needs to clean up its act once and for all, said Robert Crandall, the
former chief executive of AMR Corp.'s American Airlines and a veteran
of the industry, on Tuesday.