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HP job cuts loom for Australian employees
A number of Australian employees of Hewlett-Packard are facing the loss of their jobs as the global computer giant looks to slash its worldwide workforce by up to 30,000.
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Microsoft's 11c dividend
Stephen Withers
Thursday, 13 September 2007 12:31
In after hours trading, the share price rose from $US28.93 to $US29.00.
US based IT companies traditionally return low dividends to shareholders, who instead expect to be rewarded with capital growth. Both Microsoft's and IBM's shares yield approximately 1.4 percent.
Over the last five years, the Windows vendor's share price has failed to keep up with the rise in the Dow Jones index, whereas IBM's is currently running neck and neck.
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