5 Winners and Losers of the Week in Business by Rick Aristotle Munarriz May 17th 2013 1:20PM From a soda company's refashioned refrigerators to an apparel CEO's tactless comments, here's a rundown of this week's best moves and worst blunders in the business world.
J.C. Penney's Latest Earnings Confirm Grim Warning by DailyFinance Staff May 17th 2013 9:00AM J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
J.C. Penney Posts Huge 1Q Loss by The Associated Press May 16th 2013 5:05PM J.C. Penney reports a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by former CEO Ron Johnson.
Facebook IPO Scammers Arrested by DailyFinance Staff May 16th 2013 8:45AM Federal officials in New Jersey have charged three men with scamming an investor in New Zealand into paying $3 million for Facebook shares he never received.
Walmart Blames Taxes, Weather as Sales Fall by Matt Brownell May 16th 2013 8:15AM Walmart's first-quarter earnings report shows a drop in sales, which it blames on taxes and lousy weather.
Stock Trek: 7 Companies that Behave Like 'Star Trek' Aliens by Tim Beyers May 16th 2013 5:00AM Whether your investing personality is aggressively "warp speed" or a more conservative "raise shields," here are seven stocks we like that resemble the aliens of "Star Trek."
J.C. Penney's New Logo Is Its Fourth in Four Years by Matt Brownell May 15th 2013 4:54PM J.C. Penney has quietly introduced yet another new logo, just one more change amid the ongoing metamorphosis and backtracking at the troubled retailer.
