Category: Markets / Finance / February 21, 2014 10:28 AM EST
Hewlett-Packard Company (NYSE: HPQ) on Thursday posted earnings of $1.4 billion, or 74 cents per share, beating Wall Street expectations. Still shares were flat after the announcement. Shares of HP on Friday edged down 0.98 percent to $93.73 in morning trading.
Groupon Inc. (NASDAQ: GRPN) reported fourth-quarter earnings of 4 cents per share on revenue of $768 million, topping estimates, but shares fell after the company issued guidance below Wall Street estimates, sending the stock tumbling 16.24 percent to $8.61.
The Dow Jones industrial average rose 10.21 points or 0.06 percent, to 16,143.44. The S&P 500 gained 1.01 points or 0.05 percent, to 1,840.79. The Nasdaq Composite added 6.23 points or 0.15 percent, to 4,273.49.