- Editor's PickSeana Smith•5 hours ago
The department store is accepting $300 million in financing from CEO Edward Lampert’s hedge fund following another quarter of declining sales. Excluding items, Sears reported a net loss of $2.03 a share. Dollar General (DG) — The discount chain’s profit and sales missed Wall Street estimates for its second quarter.
- Barrons.com•41 minutes ago
The Street has been weighing in today on what HP Inc. (HPQ) CEO Dion Weisler calls a “complicated business,” after the company yesterday afternoon beat analysts’ fiscal Q3 expectations but offered a muted forecast that sent the shares down. Despite CFO Cathie Lesjak’s explanation last night that the company is setting itself up to stabilize its printing business next year, the big drop in the quarter in printing revenue is the focus today, as analysts raise price targets and adjust estimates in small ways. Case in point, Maxim Group's analyst Nehal Chokshi cut his rating to Hold from Buy, and cut his price target to $15 from $17, as he’s concerned the deterioration of the printing group is deeper than the issues the company has outlined: Normalizing for the $280M gain recognized in the IPG OM, IPG OM would have been 14.1%, down 370bp y/y.
- Investor's Business Daily•2 hours ago
HP Inc. stock rebounded from early losses Thursday after the PC and printer maker reported a fiscal Q3 beat but offered weak earnings guidance.
HP Inc. (HPQ)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||14.37 x 80000|
|Ask||14.38 x 84300|
|Day's Range||13.55 - 14.48|
|52wk Range||8.91 - 14.82|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||7.54|
|Avg Vol (3m)||12,782,804|
|Dividend & Yield||0.50 (3.40%)|