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Shaky Portugal

Portugal’s government may collapse today as the parliament votes on budget cuts that have di vided lawmakers, JPMorgan economist Nicola Mai said.

Issa inquiry

Rep. Darrell Issa (R., Calif.) asked the SEC to justify several of its rules, including the “quiet period” restricting a company’s communi cations ahead of stock sales and rules capping the number of investors in private deals before reporting requirements are triggered.

Margin woe

Shares of Walgreen Co. fell more than 5.5 percent to their lowest level in three months as lower reimbursements cut into margins and disappointed investors.

Trib ruling

Tribune Co.’s creditors can file a second round of lawsuits against for mer shareholders who collected billions when the publisher was taken private in a 2007 buyout, a federal judge said.

Discover

Discover posted bet ter-than-expected first- quarter profit of $459 million, or 84 cents per share. Wall Street was expecting 60 cents.

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