Earnings & Sales Reports | featured news

Punished by plummeting sales of computers, Dell presented investors with its lowest fourth-quarter profit since 2002.

Loss included $25.2B in fourth quarter, prompting a government cash injection of $15 billion.

General Motors Corp. posted a $9.6 billion fourth-quarter loss Thursday and said it burned through $6.2 billion of cash in the last three months of 2008.

The Royal Bank of Scotland will later report what is expected to be the biggest annual loss in UK history.

Some of the US's best-known retailers report sharp slumps in profits as consumer confidence continues to slide.

Macy's said it will record an asset write-down of up to $5.5 billion as the department store posted a big drop in operating profit amid heavy markdowns and weak consumer spending.

Campbell Soup's quarterly profit and sales declined, hurt by lower volume and the stronger dollar.

Whirlpool's net income fell a 76% as sales and margins dropped on falling appliance purchases and higher costs.

McDonald's reported a 7.1% increase in January sales at restaurants open at least a year, including a 5.4% rise in the U.S.

Nissan Motor Co. Monday said it has swung to a fiscal third quarter loss on a "severe downturn in the global economy" and the impact of a strengthened yen, adding the deterioration in business conditions forced the Japanese auto major to slash its full-year profit and revenue forecasts.