HP's Slump Deepens as Profits Plummet 32% in Fiscal 2Q
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Target says first-quarter profits dropped 26 percent as cool temperatures and financial pressures limited customers' appetite for spending.
Toll Brothers posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices.
Best Buy reported weaker-than-expected quarterly sales Tuesday and warned that a slew of investments to win back shoppers could squeeze profits in the near term.
Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Home Depot and Lowe's continue to service the victims of Hurricane Sandy. The reconstruction effort is expected to help both home improvement retailers post strong profits.
Campbell Soup reported third-quarter results that beat Wall Street expectations and raised its outlook for the year as sales in its struggling soup unit improved.
From a soda company's refashioned refrigerators to an apparel CEO's tactless comments, here's a rundown of this week's best moves and worst blunders in the business world.
J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
Dell reported a 79 percent slide in profit in the first quarter as personal computer sales continued to shrink.
J.C. Penney reports a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by former CEO Ron Johnson.
Yet while few stocks have everything one might want in an investment, knowing the most desirable traits of great stocks can guide you in making choices for your own portfolio.
Google CEO Larry Page is suffering from a rare and chronic medical condition, a paralysis of both vocal chords. Page says it's improving, and he continues to run the company.
Macy's reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers.
Deere reported higher quarterly earnings Wednesday and forecast a record profit for the full year, but warned that it faces challenges.














