HP CEO expects to steady the ship in 2014, sends shares north

By Poornima Gupta SAN JOSE (Reuters) - Hewlett Packard Co Chief Executive Meg Whitman expects revenue to stabilize in 2014 with "pockets of growth" before the business accelerates again in 2015, sending the stock up as much as 9.5 percent on Wednesday. Whitman's comments to analysts at an annual investor briefing eased Wall Street's concerns about her multiyear turnaround program. They helped the shares recoup some of their 20 percent loss since August, when the CEO warned that growth in 2014 would be unlikely. HP's shares were up about 8.6 percent at $22.53 at mid-afternoon. ...

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