Dow Jones constituent companies Target Corp. and Hewlett-Packard Co. are among the awaited leaders on the market today. HP is expected to report earnings per share for the second quarter of $0.81 per share according to a survey by FactSet. Updating market expectations and restructure in cost savings leads people to believe that company is recovering while HP are convinced they are on a rough path.
Target, the retailer store brand said first quarter profit fell down by $0.77 per share. The first quarter included loss due to early retirement of debt. Sales of the company rose by 1% and forecasts of analysts suggested a climb by $0.97 per share.
Saks Fifth Avenue, the department store chain has appointed Goldman Sachs to help them with strategic planning.
American Eagle Outfitters is supposed to record a earning of $0.17 per share.
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