NYSE

For Walgreen Co., A Choice With Growth And Risk

Walgreen
Walgreen Co. (NYSE: WAG), the largest U.S. drugstore operator, is facing challenges it has never seen in its 111-year history, and this week it responded to those challenges with a high-stakes strategic move.
More news
IBTimes Logo

Why Companies Are Racing To Cut Earnings Forecasts

Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.
IBTimes Logo

Procter & Gamble Cuts Earnings Forecast

Procter & Gamble Company (NYSE: PG) on Wednesday cut its second-quarter earnings forecast due to slowing demand in developed economies and the effect of a strong dollar.
Spotify for iPad

Spotify Goes Mobile, But Profits Remain Elusive

Streaming music service Spotify Ltd. launched a mobile radio feature on Tuesday that connects to Apple Inc.'s (Nasdaq: AAPL) ubiquitous iPhones and iPads, encroaching on the turf of online radio provider Pandora Media Inc. (NYSE: P).
IBTimes Logo

JC Penney Shares Plunge After President Departs

Shares of J.C. Penney Company, Inc. (NYSE: JCP) plunged mid-Tuesday by 10.15 percent, or $2.47, to $21.86 in the wake of president Michael Francis' departure, as the department store struggles to change its discount model and increase revenue.
An image showing the headquarters of Fannie Mae and Freddie Mac

Imagining U.S. Housing Without Fannie Mae And Freddie Mac

The dissolution of Fannie Mae and Freddie Mac, the two largest U.S. mortgage guarantors, would have only a minimal impact on home ownership level, according to a new report that downplays the link between low interest rates and increased ownership.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.