Late-season earnings could help ring in some early holiday cheer for investors this week. Analysts expect strong results from Nike, Bed Bath & Beyond, Darden Restaurants -- which operates Olive Garden and Red Lobster -- and electronics company Jabil Circuit.
Drugstore chain Walgreen is looking to sell its pharmacy-benefits management business and has hired Bank of America to run an auction.
The sale of Borders' Ann Arbor, Mich., headquarters for almost $18.4 million adds to persistent rumors of the company's imminent demise. But the truth has more to do with the real estate market than books sales.
Johnson & Johnson, Walgreen and CVS all received letters from the U.S. Food and Drug Administration warning the companies to remove claims that mouthwash helps prevent gum disease. The letters continue U.S. regulators' crackdown on alleged false advertising from retailers and consumer-goods makers.
