HP profit plummets, CEO urges patience
SAN FRANCISCO - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.
Interactive: Earnings Report by Sector
Dell shares fall on weak sales forecast
- Shares of Dell Inc fell more than 7 percent in premarket trading on Wednesday, after the world's No.3 personal computer maker forecast weak sales for the current quarter.
Toll Bros posts surprise loss; shares sink
- Luxury homebuilder Toll Brothers Inc reported a surprise quarterly loss as more buyers cancelled contracts, stunning investors who had piled into housing stocks in recent months in hopes a recovery was imminent.
Garmin finds new direction with fitness gadgets
- Garmin Ltd forecast a strong year ahead, signaling that increasing demand for its outdoor and fitness GPS products was offsetting declines at its traditional personal navigation device (PND) business.
Express Scripts 4th-quarter profit lower than expected
- - Express Scripts Inc , which is buying rival pharmacy benefit manager Medco Health Solutions Inc for $29 billion, reported lower-than-expected fourth-quarter earnings on Wednesday on higher costs, including an unexpected tax expense.
Hertz 4th-quarter beats Street on strong demand
- Car rental company Hertz Global Holdings Inc posted better-than-expected quarterly results on improving U.S. travel demand and forecast double-digit volume growth in the U.S. car rental business for the first quarter.
MGM Resorts 4th-qtr hurt by higher costs
- MGM Resorts International posted a wider-than-expected loss despite a jump in revenue as the operator of the Bellagio, CityCenter and MGM Grand was hurt by higher costs.
Papa Johns shares fall on sales, same-store sales misses
- Shares of Papa John's International Inc fell as much as 10 percent on Wednesday after the pizza chain posted fourth-quarter sales below analysts' estimates.
Campbell reaches into pouch to heat up soup sales
BOCA RATON, Florida - Campbell Soup Co introduced a range of new products including soups with exotic flavors sold in pouches on Wednesday, as its new CEO aims to deliver on her mandate to turn around the company's ailing North American soup business.
Wal-Mart holiday price cuts hit profits
- Wal-Mart Stores Inc's price cuts hurt its fourth-quarter profit, reminding investors that steps the world's largest retailer is taking to bring back shoppers do come at a cost. | Video
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