One large pharmacy benefit manager warns that costs from new PCSK9 drugs could reach as high as $150 billion annually.» Read More
Jim Cramer kicks off his healthcare hot list with one scorching name that does well in a slow growth economy.
The "Halftime Report" traders give their top trades before the closing bell.
Is your portfolio exposed to issues overseas? “Mad Money” host Jim Cramer has answers.
"Fast Money" traders discussed how to play retailer Gap's mixed earnings report and CVS' acquisition of Omnicare.
Jim Cramer considers this group to be the single best out there, and it's ready to pull off some big deals.
Jim Cramer warns investors about falling into a trap based on snap decisions that could burn cash.
*Shake Shack hits record on trademark filing. May 21- U.S. stocks rose in afternoon trading on Thursday, with the S&P 500 just shy of its record high and the Nasdaq crossing its record close, as disappointing economic data bolstered the view that an interest rate hike would come only later in the year. Federal Reserve officials all but ruled out a rate hike next month...
*Shake Shack hits record on trademark filing. May 21- Wall Street was higher in late morning trading on Thursday, with the S&P 500 a whisker away from a record high, as a fresh batch of disappointing economic data bolstered expectations that the Federal Reserve would not raise interest rates any time soon. "I doubt we'll see a rate hike this year," said Paul Nolte,...
*Deal values Omnicare at $12.7 bln, including $2.3 B debt. May 21- Drugstore operator CVS Health Corp said Thursday it will spend $10.1 billion to buy Omnicare Inc, a company that supplies prescription medicines to nursing, assisted living and other healthcare facilities. They could renegotiate their supply contracts given the volume, "said FBR analyst Steven...
*Lumber Liquidators plunges after CEO resigns. *CVS up on $10.1 bln Omnicare deal. May 21- U.S. stocks moved higher in morning trading on Thursday as investors shrugged of fresh batch of weaker-than-expected data, which came a day after the Federal Reserve all but ruled out an interest rate hike in June.
*Deal values Omnicare at $12.7 bln, including $2.3 bln debt. May 21- CVS Health Corp, the second-largest U.S. drugstore operator, said on Thursday it will buy pharmacy services provider Omnicare Inc for $10.1 billion to expand in the growing market serving the senior patient population. CVS offered $98 per Omnicare share, representing a premium of 4 percent to...
*Lumber Liquidators plunges after CEO resigns unexpectedly. *Best Buy rises; NetApp falls after results. *CVS up on $10.1 bln Omnicare deal.
Some of the names on the move ahead of the open.
May 21- CVS Health Corp, the second-largest U.S. drugstore operator, said on Thursday it will buy pharmacy services provider Omnicare Inc for $10.1 billion to expand in the market serving the elderly. CVS's $98 per share offer represents a premium of 4 percent to Omnicare's closing price on Wednesday. Omnicare's stock had risen 9.5 percent since April 30 when...
May 21- U.S. stock index futures were slightly lower on Thursday, a day after minutes from the latest Federal Reserve meeting bolstered expectations that interest rates would stay near zero until later this year. The jobless claims data is due at 8:30 a.m. ET. *Data measuring the growth in the U.S. manufacturing sector in May is due at 9:45 a.m. ET and 15 minutes...
Drugstore operator CVS Health said it will acquire pharmacy service provider Omnicare for an enterprise value of about $12.7 billion.
May 21- Drugstore operator CVS Health Corp said it will acquire pharmacy service provider Omnicare Inc for an enterprise value of about $12.7 billion. The $98 per share offer represents a premium of 4 percent over Omnicare's closing price on Wednesday. The deal includes debt of about $2.3 billion.
The FTC alleges that Nice-Pak misrepresented products, claiming they would break up shortly after being flushed down toilets.
These 10 retailers take in 66 percent of your money, USA Today reports.
U.S. stocks closed higher, recovering from the prior day's selloff, as investors eyed higher Treasury yields and looked for signs of economic growth.