Retailer Revelations

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Retailer Revelations

Or, as officials of J.C. Penney—whose sales fell 9 percent in 2013—put it when listing the risks to its stock value: “the moderate income consumer, which is our core customer, has been under economic pressure for the past several years.” Moreover …
Read more on Center For American Progress

Netflix for Readers

Just as subscriptions to music-streaming services like Spotify have made MP3s seem quaint, Oyster, Scribd, and now Amazon.com are offering vast libraries of e-books that you download and read on your e-reader, phone, or tablet for a flat monthly fee of …
Read more on Barron’s

Pfizer Announces It Will Buy Back Billion in Shares

The $ 11 billion buyback, to be utilized over an indefinite time period, is in addition to the $ 1.3 billion remaining under the company"s existing share repurchase program, Pfizer said in a statement. “The first signal it sends is they believe that …
Read more on Businessweek

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