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Partisan Politics May Be To Blame For Hold Up In Walgreens-Rite Aid Deal
Wednesday, March 22, 2017 - 8:50am | 436Read More...Partisan politics may be holding up the impending M&A deal between Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD), Deutsche Bank said in a note earlier this week. Walgreens may try to force a Federal Trade Commission decision on the deal within 30 days, analysts...
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Express Scripts Downgraded On Fear It Could Lose Anthem Contract
Wednesday, March 15, 2017 - 4:35pm | 372Read More...Express Scripts Holding Company (NASDAQ: ESRX) shares fell following news that Sen. Ron Wyden proposed legislation requiring drug middlemen from disclosing secret discounts they receive from manufacturers. The company did express to Benzinga it's working with Sen. Wyden, acknowledging the risks...
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CVS And Whole Foods To Set The Stage For Retail Earnings?
Sunday, May 1, 2016 - 11:31am | 630Read More...Upcoming earnings highlights include reports from two leading specialty retailers. Wall Street analysts are looking for earnings growth from only one of them. The retail earnings parade kicks off in earnest the following week. The parade of earnings reports from the big retailers doesn...
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CVS Will Acquire Target's Pharmacy Business For Nearly $2 Billion
Monday, June 15, 2015 - 8:09am | 290Read More...CVS Health Corp (NYSE: CVS) has signed an agreement alongside Target Corporation (NYSE: TGT). CVS will acquire and rebrand Target’s pharmacies and clinics and will operate them in a different way, according to a press release filed on Monday morning. Shares of both companies are up...
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Traders Sell The News In Omnicare: CVS Confirms Deal To Purchase At $98/Share In Cash
Thursday, May 21, 2015 - 8:38am | 374Read More...Media reports surfaced on Wednesday that CVS Health Corp (NYSE: CVS) was in advanced talks to acquire Omnicare, Inc. (NYSE: OCR) and could finalize a deal by the end of the week. Shares of Omnicare spiked higher by more than 5 percent to the $100 level during Wednesday's post-market trading...
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Apple Pay Expansion Continues In 2015
Tuesday, December 30, 2014 - 12:50pm | 537Read More...Apple Inc. (NASDAQ: AAPL) successfully registered one million credit cards in three days when Apple Pay launched earlier this year. The mobile payment solution has been praised by analysts and security experts ever since it debuted. Their views could change now that hackers have found a simple...
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Markets Mostly Lower As Americans Head To Vote, Oil Continues To Tumble
Tuesday, November 4, 2014 - 5:30pm | 864Read More...U.S. stocks mostly closed slightly lower a day after major indices hit record all-time highs. Americans are heading to the ballots today in a congressional election. The Republican party is expected to increase the number of seats it controls in the House and Senate. The CBOE Volatility Index...
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Weekly Highlights: Apple Vs. Retailers, Hewlett-Packard Innovation And More
Saturday, November 1, 2014 - 1:30pm | 145Read More...Apple Inc. (NASDAQ:AAPL) had a good launch for its mobile payment service, but there were a couple of retailers that decided to ban the service (and other forms of NFC) anyway. Elsewhere in technology, Hewlett-Packard Company (NYSE: HPQ) introduced an innovative PC for creative professionals...
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Rite Aid, CVS Unlikely To Win War Against Apple
Wednesday, October 29, 2014 - 12:54pm | 987Read More...CVS Health Corp and Rite Aid Corporation (NYSE: RAD) surprised consumers when they announced they would no longer accept Apple Inc.'s (NASDAQ: AAPL) new mobile payment solution. This unexpected move appears to be tied to CurrentC, an upcoming payment solution that numerous retailers are...
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Can Wal-Mart Stores, Inc. Compete With Other Health Care Clinics?
Tuesday, September 23, 2014 - 3:11pm | 841Read More...The recent move by Wal-Mart Stores, Inc. (NYSE: WMT) to open low-cost in-store health care clinics had some observers suggesting the company’s ability to offer competitive prices could hurt others in the space. Jennifer LaPerre, Wal-Mart U.S. senior director for health and wellness stated...
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A Closer Look At CVS Health Corp's Shift In Health Care Offerings
Monday, September 22, 2014 - 5:24pm | 481Read More...CVS Health Corp (NYSE: CVS) has been working on integrating health plans, doctors’ offices and hospital systems recently. Sales of cigarettes, however, had undermined the company’s health-oriented efforts. According to Forbes, Executive Vice President, Helena Foulkes,...
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Market Wrap For November 27: Markets Inch Higher Before Pausing For Thanksgiving
Wednesday, November 27, 2013 - 6:01pm | 1594Read More...Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...
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Companies To Take Note Of As Obamacare Launches Next Week
Thursday, September 26, 2013 - 11:11am | 382Read More...Health insurance marketplaces are scheduled to open for the entire nation at October 1. After the opening, there will be a six month period before the government will fine the uninsured. While all states are expected to go live at the same date, some are having doubts on their ability to meet...
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Earnings Expectations for the Week of August 6
Monday, August 6, 2012 - 6:29am | 905Read More...Analysts on average expect to see per-share earnings that are less than a year ago when Dish Network (NASDAQ: DISH), MGM Resorts (NYSE: MGM), Molson Coors (NYSE: TAP), News Corp. (NASDAQ: NWSA), Sotheby's (NYSE: BID) and Sirius XM Radio (NASDAQ: SIRI) share their quarterly results this week. Retail...
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Boom Industry: There Are Now 1,300 Retail Clinics
Thursday, September 15, 2011 - 2:57pm | 188Read More...During the month of August, 40 new retail health clinics opened including 25 new Minute Clinics in CVS stores (bring the total to 520, the most of any national chain), 6 new Clinics at Walmart (137 total), and 4 new Target clinics (44 total). After accounting for 5 closings in August, the net...














