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FBN's Lauren Simonetti with Kohl's fourth-quarter profit report, and news that Hewlett-Packard's shares are down on a weak second-quarter forecast.
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Good morning we got a mixed fourth quarter report from -- just a short time ago the department stores.
A profit of the dollar 81 cents which is a penny above the streets estimate of revenue six point 02 billion dollars just missed the forecast a six point three billion.
Same store sales fell more than 2% in the quarter -- looking forward -- retailer sees its profit for the current quarter.
Missing Wall Street expectations.
On a positive note -- has raised its quarterly dividend from 25 to 32 cents.
Shares of Hewlett-Packard are looking to open lower after the world's number one computer maker offered mixed first quarter results and weak guidance for this current quarter.
The company reported an adjusted profit of 92 cents a share which was a nickel better than forecast revenue of thirty billion dollars did fall short of the estimate by a hair.
HP says it expects second quarter adjusted earnings below the street's forecasts.
PC sales fell as did sales at HP's bread and butter printer unit.
A quick look at futures this morning you can -- that we do you have.
Green arrows across the board -- looking to open higher by nineteen points listen in morning continues right now on Fox Business keeping you out of past.
