GO
Loading...

Drug Retail

More

  • Rite Aid cuts full-year profit forecast for second time Thursday, 18 Sep 2014 | 7:27 AM ET

    Sept 18- Rite Aid Corp, the third largest U.S. drugstore chain, cut its full-year profit forecast for the second time this year as lower margins from its pharmacy business continue to eat into earnings. Rite Aid shares fell nearly 9 percent in premarket trading on Thursday after the company also shaved the top end of its sales forecast.

  • Drugstores, retailers dive deeper into vaccines Wednesday, 17 Sep 2014 | 12:55 PM ET

    Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles. And Wal-Mart, the world's largest retailer, offers flu shots at more than 4,200 of its U.S. stores that have pharmacies. Robert Wergin, a family physician in Milford, Nebraska, and president-elect of the American Academy of Family Physicians.

  • Avanir up on Alzheimer's trial     Monday, 15 Sep 2014 | 1:03 PM ET

    Avanir Pharma is up more than 60 percent, after the company said its drug was more effective in reducing agitation associated with Alzheimer's, compared with a placebo. CNBC's Meg Tirrell speaks to the company's CEO Keith Katkin.

  • Orexigen's obesity pill     Thursday, 11 Sep 2014 | 1:11 PM ET

    Orexigen's obesity pill is called Contrave, and it's been approved in the U.S. CNBC's Meg Tirrell reports.

  • Food prices hit 4-year low, Russia ban hurts Thursday, 11 Sep 2014 | 8:20 AM ET

    The UN food price index has dipped to a four-year low as good weather has resulted in an oversupply of cereals and dairy imports have slowed.

  • Walgreen adds activist hedge fund founder to board Monday, 8 Sep 2014 | 7:57 AM ET
    Barry Rosenstein, founder and managing partner of Jana Partners

    Walgreen is naming Jana founder Rosenstein to its board and the activist investor will get a say in choosing at least one additional director.

  • Walgreen adds activist hedge fund founder to board Monday, 8 Sep 2014 | 7:39 AM ET

    Walgreen has named Jana Partners founder Barry Rosenstein to its board, and the activist investor will get a say in choosing at least one additional director for the nation's largest drugstore chain.

  • BISMARCK, N.D., Sept 4- North Dakota's oil boom has fueled a construction bonanza for new supermarkets, restaurants and clothing stores. But try finding a Rite Aid, Walgreens or other national pharmacy chain in the state, the fastest-growing economy in the nation, and you'll be largely out of luck.

  • Aug 22- Pharmacy chain Walgreen Co suffered a system outage for several hours on Friday, taking all of its 8,200 pharmacy outlets offline and delaying prescription orders. The company faced a "technical issue" during a system update and had to bring the entire system offline to resolve it, spokesman Michael Polzin said.

  • Walgreen stores go offline due to technical glitch Friday, 22 Aug 2014 | 5:21 PM ET

    Aug 22- Pharmacy chain Walgreen Co suffered a system outage for several hours on Friday, taking all of its 8,200 pharmacy outlets offline and delaying prescription orders. The company faced a "technical issue" during a system update and had to bring the entire system offline to resolve it, spokesman Michael Polzin said.

  • Big change for pain drugs     Friday, 22 Aug 2014 | 2:12 PM ET

    CNBC's Meg Tirrell reports the Drug Enforcement Administration is changing the rules around pain drugs like Vicodin. The drugs will be deemed "schedule 2 substances," versus the less restrictive "schedule 3."

  • Obesity treatment sales fall short     Monday, 18 Aug 2014 | 6:26 AM ET

    CNBC's Meg Tirrell provides insight to the definition of obesity by the CDC, and which drug companies are working on treatments in the space.

  • Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.

  • Forest fire threatens illegal marijuana grows     Thursday, 14 Aug 2014 | 1:29 PM ET

    A massive fire in Northern California has so far burned close to 12,000 acres and injured 12 people. CNBC's Jane Wells reports on the costs to the state, as well as to marijuana growers.

  • Ebola not easily spread: Doctor     Thursday, 7 Aug 2014 | 3:19 PM ET

    Dr. Beth Bell, CDC Infectious Diseases Center, discusses the Ebola crisis in West Africa, and the risks to U.S. citizens. Bell explains current experimental treatments.

  • Pharma companies rush to help Ebola     Thursday, 7 Aug 2014 | 2:17 PM ET

    The CDC Director is testifying before Congress on Ebola, and pharma companies are scrambling to create drugs to help. CNBC's Meg Tirrell, and Michael Yee, RBC Capital Markets, discuss some of these companies.

  • NEW YORK, Aug 6- Major U.S. stock indexes ended little changed on Wednesday, as tensions in Ukraine and Russia and a failed merger between Sprint and T-Mobile offset gains in consumer staples shares.

  • *Walgreen to buy remaining 55 pct of Alliance Boots. *Walgreen says inversion deal not in interests of investors. Aug 6- U.S. retailer Walgreen Co said it would not use a full takeover of Europe's biggest pharmacy chain, Alliance Boots, to move its domicile overseas, following fierce criticism of such tax-cutting deals at home.

  • *Walgreen to buy remaining 45 pct of Alliance Boots. *Walgreen says inversion deal not in interests of investors. Aug 6- U.S. retailer Walgreen Co won't use a full takeover of Europe's biggest pharmacy chain Alliance Boots to move its domicile overseas, it said on Wednesday, following fierce criticism of such tax-cutting deals at home.

  • Aug 6- U.S. retailer Walgreen Co will make a full takeover of Europe's biggest pharmacy chain Alliance Boots, but won't use the deal to move its tax domicile overseas after fierce criticism of such tax-cutting moves at home.