HP profit plummets, CEO urges patience (Reuters)
Reuters - 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.

HP CEO pleads patience as earnings fall 44 pct (AP)

A logo of HP is seen outside Hewlett-Packard Belgian headquarters in Diegem, near Brussels, January 12, 2010. REUTERS/Thierry RogeAP - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies.



Synopsys 1st-quarter results beat estimates (Reuters)
Reuters - Chip-design software maker Synopsys Inc posted a quarterly profit that beat analysts' estimates, helped by strong demand for its new products, and raised its full-year outlook.

MGM Resorts 4th-quarter loss narrows, revenue up (AP)
AP - MGM Resorts International said Wednesday that high costs kept it in the red in the fourth quarter, but it lost less than a year earlier as more people stayed at its Las Vegas Strip casinos and visitors spent more on the food, gambling, entertainment and shopping it offers.

Chesapeake posts 4Q earning more than double (AP)
AP - Chesapeake Energy Corp. said Tuesday that its fourth-quarter profit more than doubled as the company benefited from hedging positions that offset lower prices for oil and gas.

Dell shares fall on earnings miss, outlook (Reuters)
Reuters - Dell Inc forecast fiscal first-quarter revenue below Wall Street's expectations, stoking fears the PC industry has not fully emerged from its downturn and sending the company's shares more than 4 percent lower.

Saks 4Q profit rises on sale of luxury goods (AP)

FILE - In this Aug. 15, 2011 file photo, Saks & Company is shown in New York. Saks Inc. said Tuesday, Feb. 21, 2012, its fiscal fourth-quarter net income climbed 48 percent, buoyed by strong sales of handbags, fine jewelry and men's and women's clothing. (AP Photo/Seth Wenig, File)AP - Saks Inc. says its fiscal fourth-quarter net income climbed 48 percent, buoyed by strong sales of handbags, fine jewelry and men's and women's clothing.



Barnes & Noble fiscal 3Q net income falls (AP)

FILE - In this Aug. 29, 2011 file photo, a Barnes &Noble store front is displayed, in Portland, Ore. Barnes & Noble says its fiscal third-quarter loss narrowed as sales of physical and digital books rose, even as the company continues to invest it its Nook e-book readers and its digital library. (AP Photo/Rick Bowmer, File)AP - Barnes & Noble said Tuesday that its fiscal third-quarter net income fell 14 percent, as rising costs offset higher sales. The company also said it will introduce a cheaper Nook Tablet.



Holiday spending pushes Macy's 4Q profit higher (AP)

FILE - In this file photo taken Sept, 29, 2011, Elsy Santiago, left, and her sister Betsy, exit Macy's in Hialeah, Fla. Macy's Inc. said Tuesday, Feb. 21, 2012, its fiscal fourth-quarter net income climbed 12 percent thanks to strong holiday spending and surging online sales. (AP Photo/Alan Diaz, File)AP - A strong holiday shopping season and hearty online sales pushed Macy's Inc.'s fourth quarter net income up 12 percent. That topped Wall Street's expectations, and the department store chain's stock hit a 52-week high.



Wal-Mart's 4Q results show rebounding US business (AP)

FILE - In this May 16, 2011 file photo, the WalMart Supercenter signage is seen in Springfield, Ill.  Wal-Mart Stores Inc. is reporting Tuesday, Feb. 21, 2012, a 4.2 percent decline in fourth-quarter profits. But the world's largest retailer's U.S. namesake business continued its rebound as its grabbed shoppers over the critical holidays. (AP Photo/Seth Perlman, File)AP - Wal-Mart Stores Inc.'s business offers valuable insight into how Americans are reacting in the slow economic recovery: they will spend, but only if they believe they're getting the lowest prices.



Home Depot 4Q net income climbs on sales spike (AP)

FILE = In this Nov. 14, 2011 file photo, an employee at the Home Depot wears an apron in Irving, Texas. The world's biggest home-improvement company reported Tuesday, Feb. 21, 2012, that it earned $774 million, or 50 cents per share, for the period ended Jan. 29. That's up from $587 million, or 36 cents per share, a year earlier. (AP Photo/LM Otero)AP - Home Depot Inc. said Tuesday that its fiscal fourth-quarter net income rose 32 percent as homeowners spent more on renovation projects in part due to the mild weather in the U.S.



Medco Health Solutions 4Q profit climbs 12 percent (AP)

In this June 14, 2011file photo, bottles of prescription drugs as labeled Lipitor, TriCor, Plavix, Singulair, Lexapro and Avapro are displayed at Medco Health Solutions Inc., in Willingboro, N.J. Medco Health Solutions says its fourth-quarter profit rose 12 percent Tuesday, Feb. 21, 2012, as increases in mail-order prescriptions and generic drug dispensing rates helped the pharmacy benefits manager offset expenses from its pending acquisition by Express Scripts Inc. (AP Photo/Matt Rourke, File)AP - Medco Health Solutions Inc.'s fourth-quarter net income rose 12 percent, as gains from generic prescriptions and the pharmacy benefits manager's specialty business helped offset costs from its pending acquisition by Express Scripts Inc.



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