Wall Street Braces for a Weak Earnings Season
Analysts have begun trimming their profit forecasts, with pronounced downgrades for growth at energy and financial firms.
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Wall Street Sets Low Expectations for Corporate Earnings
Earnings season kicks off this week, and analysts expect a big drop in corporate profits and more announcements about layoffs.
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Walgreens Executive Says Shoplifting Threat Was Overstated
In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.
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Southwest’s Meltdown Could Cost It Up to $800 Million
The airline has not said how much it might have to spend to reimburse customers and upgrade its technology systems.