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The drugstore operator and pharmacy benefit manager also raised its 2009 profit forecast, with Chief Financial Officer Dave Rickard citing strong results so far and "optimism for the rest of the year." CVS Caremark, whose drugstore rivals include Walgreen...
Tags: CVS Caremark Corp., quarter profit, Marvel Entertainment Inc., net income, drugstore operating, U.S, 2q profit, retail stocks, personal income, profit rose
Shares in Alcatel-Lucent jumped as much as 10% on Thursday after the telecoms-equipment maker posted an unexpected second-quarter profit and reaffirmed its guidance for the year. The group reported a net profit of 14 million euros ($19.7 million), or...
Tags: net income, economic activity, Europe, sharp decline, million euros, low levels, retail stocks, unprecedented low, net profits, biggest airline
Retail stocks headed higher Monday as investors returning from the July 4th holiday weekend shrugged off Wall Street expectations for a downbeat June sales report. The S&P Retail Index /quotes/comstock/10u!rlx.x ( 306.21 , -2.68 , -0.87% ) rose 0.7%...
Tags: retail stocks
The company said it's gaining confidence in its revenue forecast for the year even as it's "cognizant of the ongoing volatility in the economy and the potential for promotional pressure." While the housing market is still weak, there have been some signs...