strategy

On Tuesday, JCPenney CEO Ron Johnson presented on the company's earnings, which were disappointing. The "transformation is ahead of schedule," he said, but one big problem is that customers don't get its new sale-free, coupon-free pricing strategy.

Researchers have found that people who create concrete mental pictures of their goals are more likely to save money for them. Here's the story of one woman who looked into her own crystal ball, got a clear vision of what she wanted, and implemented a financial strategy that allowed her to achieve it. DailyFinance's Laura Rowley shares the lessons learned along the way.

Walgreen, the leading U.S. pharmacy chain, recently increased its quarterly dividend by 28.6%, the largest increase in the company's 110-year history, from 17.5 cents a share to 22.5 cents a share. But is it giving away cash it's really going to need for its expansion plans?

Social media played a key role in the successful revolutions in Tunisia and Egypt, and more dictatorial regimes are facing protesters who use the Internet as a weapon. But could the power of social networking create similar revolutionary changes in the corporate world?

Here's a roundup of some of Wednesday's major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck's experimental heart drug appears to work well without side effects; and Novartis announced its plans for long-term growth.

Grocery chain Supervalu reported a net income of 31 cents per share this morning for the last quarter, which ended May 10, a 40% decline year-over-year. An after-tax charge of 12 cents per share that brought the figure down, but the quarter was still a disappointment.

Sonic fell short of earnings expectations for the third quarter, a victim of recession and as its drive-in restaurant model starts to fray around the edges. However, it could taste new success if the new marketing chief, Danielle Vona, lives up to her record at PepsiCo.

Starbucks (SBUX) surprised both Wall Street analysts and skeptics like me Wednesday, by releasing first fiscal quarter 2010 results that were better than expected. Led by a 4% comparable-store sales growth, the company recorded 4% higher revenues of $2.72 billion. Earnings came it at $241.5...

New England Patriots' fans may still be in pain over coach Bill Belichick's risky, and failed, choice to throw a pass for a first down when he was at fourth-and-two against the Indianapolis Colts on Sunday night. On the Pats' 28-yard line with just over two minutes on the clock, the botched play...