Hewlett-Packard (NYSE: HPQ) posts mediocre earnings but says it hopes to steady its businesses over the balance of the year. (Reuters)

Store chains will have to offer large discounts to lure shoppers. (Reuters)

Samsung says it is in negotiations with Google (NASDAQ: GOOG) to launch a TV project. (Reuters)

AT&T (NYSE: T) says hackers tried to break into wireless accounts. (Reuters)

Bank of America (NYSE: BAC) could face government enforcement action if it cannot improve its financials. (WSJ)

MF Global may be short $1.2 billion in terms of money gone from customer accounts. (WSJ)

The Commerce Department says U.S. firms recently fired American workers in favor of Asia employees. (WSJ)

Home sales grow but prices fall in October. (WSJ)

Germany’s central bank lowers growth forecasts. (WSJ)

Netflix (NASDAQ: NFLX) will raise $400 million in cash to pay for new content. (WSJ)

Slow car sales in China likely will increase fights for market share among major global manufacturers. (WSJ)

KKR (NYSE: KKR) will spend $7.2 billion to buy oil and gas firm Samson Investment. (WSJ)

Big companies are both cutting workers and increasing share buybacks. (NYT)

The head of the U.S. Postal Service wants more power to cut costs. (NYT)

As U.S. banks lose the ability to trade for their own accounts, the restrictions may halt their ability to buy eurozone debt, which may push yields on that paper even higher. (FT)

Banks in China are concerned that property prices there have dropped. (FT)

The E&Y Renewable Energy Country Attractiveness Index shows investment has moved from the U.S. and EU to emerging nations. (Bloomberg)

Douglas A. McIntyre

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.