John A. Young, chief executive of the Palo Alto-based firm, told securities analysts that its domestic orders were up 5% while international orders were up 10% in the first two months of fiscal 1985. Young said the sluggishness began in the last quarter of fiscal 1984. The company’s stock topped the New York Stock Exchange’s most-active list, falling $1.25 to $33.875.
Hewlett-Packard said orders remain sluggish.
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March 3, 2025
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