pharmacy

Walgreens Boots Alliance Inc. (NASDAQ:WBA) rose over 7% in premarket on Tuesday as it is on the verge of finalizing an agreement with private-equity firm Sycamore Partners to take the drugstore chain private. What Happened: The deal is approximately valued at $10 billion, according to a report by...

Costco Wholesale Corporation‘s (NASDAQ:COST) first-quarter revenue and earnings per share beat analyst estimates. The management highlighted four new milestones achieved by the company during the said quarter. What Happened: According to the president and CEO of the company Ron Vachris,...

Merck & Co Inc (NYSE:MRK) unveiled results from a Phase 2b/3 trial (MK-1654-004) evaluating clesrovimab, the company’s investigational prophylactic monoclonal antibody designed to protect infants from respiratory syncytial virus (RSV) disease during their first RSV season. The results and...

When asked about CVS Health Corporation (NYSE:CVS) on CNBC's “Mad Money Lightning Round,” Jim Cramer said, “I think there's real value here.” On Oct. 10, Barclays analyst Andrew Mok upgraded CVS Health from Equal-Weight to Overweight and raised the price target from $63 to $...

With the Federal Trade Commission (FTC) taking a scalpel to the pharmacy benefit managers (PBMs) of UnitedHealth Group Inc (NYSE:UNH), CVS Health Corp (NYSE:CVS) and Cigna Group (NYSE:CI), investors are left wondering which health giant can best weather the storm. The FTC's lawsuit, targeting these...

A U.S. bankruptcy judge has approved Rite Aid Corp’s (OTC:RADCQ) restructuring plan, enabling the pharmacy chain to reduce its debt by $2 billion and transfer control to a group of lenders. Rite Aid filed for Chapter 11 bankruptcy in October 2023, following a fiscal year in which it reported...

RBC Capital Markets issued an upgrade for GoodRx Holdings Inc (NASDAQ:GDRX) shares. The analyst stated the Integrated Savings Program (ISP) and direct contracting (DC) initiatives, along with the expansion of its manufacturing solutions business, offered significant new growth opportunities and...

GoodRx Holdings Inc (NASDAQ: GDRX) got an upgrade last month from Wells Fargo analyst. Despite being a “re-accelerating high-growth, high-margin company,” the stock was trading at a discount both to its peers and its historical average, according to KeyBanc Capital Markets. The GoodRx...

In a recent surge of labor unrest, pharmacy employees from CVS Health Corporation (NYSE: CVS) and Walgreens Boots Alliance, Inc. (NASDAQ: WBA) raised their voices by calling out sick or walking out entirely last week. What Happened: These actions were a protest against what they...

Walgreens Boots Alliance (NASDAQ: WBA) delivered a disappointing fourth quarter report and profit outlook but made more cost-cutting promises as it prepares for resetting its growth strategy with a new CEO, Tim Wentworth, who will be taking over on October 23rd from his predecessor...

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) employees, including pharmacists, technicians, and support staff, are reportedly gearing up for a nationwide walkout slated between Oct. 9 and Oct.11.  The frustration stems from what the workers describe as unbearable...

If you have traveled through towns and cities in the U.S. with small populations, you have likely seen the trend of Dollar General Corp. (NYSE: DG) stores popping up there. The retailer has capitalized on a business plan of serving these sometimes overlooked communities. New plans...

Starbucks Corporation (NASDAQ: SBUX) has lost its COO Rosalind Brewer, who accepted the CEO title at Walgreens Boots Alliance Inc (NASDAQ: WBA). What Happened: Brewer was the CEO of Sam's Club before joining Starbucks as COO and member of the board. She played a leadership role in shifting...

Shares of pharmacy retailer Walgreens Boots Alliance Inc (NASDAQ: WBA) ended 2020 lower by nearly 30%, but Baird sees several catalysts for the company that it said should put an end to years of "train wreck" performance. The Walgreens Analyst: Eric Coldwell upgraded...