Corporate America is turning a profit, but by spending less, not making more. While bullish profit reports have fueled the stock market, a true economic revival will depend on consumer spending. So far, there's little proof of that. Big names such as... Sponsored Topics: Business - Stock market - Investing - Stocks and Bonds - Market trend
Similar Stories to Firms' Cuts To Show Profit Hide Flat Revenues on Bing News
Stevenson Jacobs, San Francisco Chronicle: Business
Fri, 07/24/2009 - 12:00am
BING NEWS:
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06/28/2024 - 7:32 am | View Link - Walgreens cuts profit view, to shut more stores on spending hit (June 27)
Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and said it would close underperforming U.S. stores as weak consumer spending hurts retail operations. The drugstore operator's CEO, ...
06/28/2024 - 2:36 am | View Link - FactSet rides on cost cuts to lift annual profit forecast
FactSet Research Systems raised its forecast for annual adjusted profit on Friday, as the financial data and analytics company bets on cost cuts to counter sluggish revenue growth.
06/21/2024 - 1:29 am | View Link - Fed Rate Cuts Likely Coming Soon No Matter What: How To Profit
There are three main reasons why I think the Fed is going to wave the white flag on inflation and cut anyway. Explore more details here.
06/21/2024 - 1:06 am | View Link - More
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