Can Walgreens Survive the Retail Apocalypse?
It is not supposed to be this way at Walgreens because gross profit, revenues, and operating income are growing at the company.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Costco Wholesale’s (NASDAQ: COST)
Costco is not Helping Citigroup
Despite the Costco debacle, Citigroup is still making money, because its’ income is increasing.
Citi reported $14.67 billion in net income on September 30, 2016; which was a slight increase over 2015. The bank reported a net income of $14.25 billion in September 2015. Unfortunately the net income has fallen since the Costco deal – it was $15.31 billion in June 2016.
This makes Citi something of a value investment because it can afford to lose a lot of money. Citigroup will survive the Costco troubles, because it can take the hit.
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