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  • Ahead of the Bell: Walgreen CEO plans to retire Thursday, 11 Dec 2014 | 8:20 AM ET

    Walgreen Co. shares edged higher in premarket trading Thursday, a day after the nation's largest drugstore chain operator announced abruptly that CEO Greg Wasson plans to retire. The Deerfield, Illinois, company said after markets closed Wednesday that Wasson will step down after Walgreen completes its acquisition of European health and beauty retailer...

  • Dec 10- Walgreen Co said Chief Executive Greg Wasson would retire and hand the reins on an interim basis to the head of Alliance Boots Holdings Ltd, a move that follows a series of events that has tested investor confidence in the U.S. drugstore chain. Walgreen said Wasson would step down shortly after it completes the purchase of the 55 percent it does not already...

  • Dec 10- U.S. drugstore chain operator Walgreen Co said Chief Executive Greg Wasson would retire after the completion of the company's pending merger with Alliance Boots Holdings Ltd.. Walgreen shares were up 2.3 percent in extended trading. Stefano Pessina, executive chairman of Alliance Boots, would serve as acting CEO, Walgreen said.

  • Walgreen CEO to retire after Alliance Boots' merger Wednesday, 10 Dec 2014 | 5:06 PM ET

    Dec 10- U.S. drugstore chain operator Walgreen Co said Chief Executive Greg Wasson would retire after the completion of its pending merger with Alliance Boots Holdings Ltd.. Walgreen shares were up 2.1 percent in extended trading. Stefano Pessina, executive chairman of Alliance Boots, would serve as acting CEO, Walgreen said.

  • Walgreen CEO Wasson will retire after Boots deal Wednesday, 10 Dec 2014 | 4:39 PM ET

    NEW YORK— Walgreen President and CEO Greg Wasson will retire after the drugstore chain completes its merger with Alliance Boots, which runs the largest drugstore chain in the United Kingdom. Wasson, who started his career at Walgreen, has overseen big changes to Walgreen Co.' s business since he became CEO in February 2009. Early in his tenure Walgreen acquired...

  • Walgreen tests virtual doctor visits through app Monday, 8 Dec 2014 | 3:11 PM ET

    Walgreen is testing a new telemedicine service that lets patients see a doctor without leaving home or visiting any of the drugstore chain's clinics. The Deerfield, Illinois, company said Monday that patients in California or Michigan can now contact a physician around the clock through Walgreen's mobile application for smartphones or tablet computers.

  • Intercept CEO: NASH epidemic of liver disease  Friday, 14 Nov 2014 | 3:16 PM ET

    Intercept Pharmaceuticals CEO Mark Pruzanski, provides insight to his company's efforts to tackle NASH, or nonalcoholic steatohepatitis, saying over 10 percent of the U.S. population is thought to have NASH. Pruzanski also weighs in on being a public company.

  • Lots of risk in biotech: Pro  Monday, 10 Nov 2014 | 2:22 PM ET

    Discussing warning signs from Dendreon, and other worrisome companies, with Les Funtleyder, E Square Asset Management.

  • Dendreon declares bankruptcy  Monday, 10 Nov 2014 | 2:18 PM ET

    Joseph Pantginis, Roth Capital, has been negative on Dendreon for a long time, ahead of the drugmaker's bankruptcy protection filing.

  • CHICAGO, Nov 6- A Chicago court on Thursday rejected Walgreens' move to block all disclosures of what the drugstore chain deems confidential information in a defamation lawsuit filed by its former chief financial officer. Cook County Circuit Court Judge Franklin Valderrama said Walgreens, the largest U.S. drugstore chain operator, failed to convince him that...

  • CHICAGO, Nov 6- A Chicago court on Thursday rejected Walgreens' move to block disclosures of what the drugstore chain deems confidential information in a defamation lawsuit filed by its former chief financial officer. Cook County Circuit Court Judge Franklin Valderrama said Walgreens, the largest U.S. drugstore chain operator, failed to convince him that all...

  • CHICAGO, Nov 4- CVS Health Corp reported slightly higher-than-expected quarterly results on Tuesday, helped by growth in specialty pharmacy sales and new client additions in its pharmacy benefits business. Net income at CVS, which operates the No. 2 U.S. drugstore chain and a major pharmacy benefits management business, fell to $948 million, or 81 cents per share,...

  • Supermarket sweep: What could lift Kroger shares Monday, 3 Nov 2014 | 12:37 PM ET
    A shopper outside a Kroger supermarket in Peoria, Illinois.

    Kroger has delivered 43 straight quarters of rising sales at stores open at least a year.

  • Apple CEO fires back as retailers block Pay Tuesday, 28 Oct 2014 | 1:11 AM ET

    LAGUNA BEACH, Calif., Oct 27- Apple Inc CEO Tim Cook fired back at CVS and Rite Aid on Monday after the drugstore chains blocked the iPhone maker's mobile payments service, saying there were plenty of other retailers around the world to sign up. It already totes up more transactions than all other "contactless" payment methods combined, Cook said, citing Visa and...

  • CHICAGO, Oct 27- U.S. drugstore chain Rite Aid Corp will ban Apple Inc's new electronic payments service in its 4,572 stores as it commits to joining a consortium of other large retailers developing a rival payments system. The rival system, called Current C, is being developed by Merchants Customer Exchange, a consortium of merchants that includes Rite Aid and...

  • Drugmakers want indemnity  Thursday, 23 Oct 2014 | 1:38 PM ET

    Drug companies may be looking for legal protection amid a massive demand for Ebola vaccines, reports CNBC's Meg Tirrell.

  • Former Walgreen CFO sues company for defamation Friday, 17 Oct 2014 | 7:59 AM ET

    Walgreen's former CFO sued the drugstore operator, alleging executives defamed him in news reports that blamed him for errors in its forecast.

  • GW Pharma: Focused on epilepsy  Tuesday, 14 Oct 2014 | 5:22 PM ET

    GW Pharma shares are down sharply after a study of its treatment for ulcerative colitis missed its primary endpoint in a mid-stage trial. GW Pharmaceuticals CEO Justin Gover, says the company's main focus is on its product for epilepsy.

  • Cannabis Expo: Pet food & more  Monday, 13 Oct 2014 | 8:57 AM ET

    CNBC's Kate Rogers reports from the East Coast Cannabis Business Expo, on one pot entrepreneur taking CBD, which is an extract of the hemp plant, and putting it in pet food.

  • Weed, Inc.: The business of legal marijuana  Thursday, 9 Oct 2014 | 7:00 AM ET

    Medical marijuana, which is legal in 23 states and Washington, D.C., and recreational marijuana -- legal in Colorado and Washington State -- bring dispensaries and states healthy revenues, via taxes and fees. Watch a 90-second overview of the business of legal marijuana by the numbers.