China’s Industrial Profits Extend Fall on Deflation Woes

Drop in October comes even after recent stimulus measures Profits are on track for a third consecutive annual decline China’s industrial firms saw profits decline for the third straight month, as worsening producer price deflation and sluggish factory output...

Dell, HP Inc. Report Disappointing Sales on Slower PC Market

Quarterly PC shipments declined after earlier bump up in 2024 Computer purchases are getting pushed into 2025, Dell CFO says Dell Technologies Inc. and HP Inc. reported quarterly financial results that suggest a long-awaited recovery of the personal computer market is...

HP Gives Lackluster Profit Outlook on Slow PC Market Recovery

HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump. Earnings, excluding some items, will be 70 cents to 76 cents a share in the fiscal first...

Kohl’s Troubles Deepen as Retailers Call Out Weak Spending

Shares of Kohl’s plunge as much as 21% in New York trading Best Buy, Target have also called out softer consumer demand Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that its turnaround efforts...