Dun & Bradstreet Feels Customers' Pain

SHORT HILLS, N.J. (TheStreet) -- Shares of Dun & Bradstreet(DNB) lost 13% of their value Friday after the company scaled back its growth expectations for the rest of the year.

The company, which sells business data to organizations, has been hurt by the cost-cutting that has become general across the corporate world.

After the closing bell Thursday, amid a lackluster second-quarter report in which it tied Wall Street profit targets, the company said its per-share earnings for 2009 would likely grow at a 1% to 5% rate, well below its original forecast of 9% to 12%. (The growth rates exclude items.) ...