Meg Whitman

HP announced financial results for its second fiscal quarter ended April 30, 2013. Second quarter GAAP diluted earnings per share (EPS) was $0.55, down from $0.80 in the prior-year period and above its previously provided outlook of $0.38 to $0.40 per share.

Hewlett-Packard Co. is set to unveil a new line of printers for business Tuesday. This marks one of the first major fruits of Chief Executive Meg Whitman's efforts to invest more in research and development as she tries to turn around the struggling technology company.

The printers, so-called multifunction machines that combine standard printers with scanners and software to manage electronic documents, are among the fastest-growing segment in the printing industry.

HP announced its board of directors has appointed Meg Whitman as president and chief executive officer.

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