The drugstore retailer needs to explain why it cut its profit and sales forecasts, says CNBC's Jim Cramer.» Read More
SAN FRANCISCO/ NEW YORK, April 10- Carl Icahn backed off calls for eBay Inc to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from the e-commerce company's major shareholders. Icahn withdrew his two nominees to eBay's board ahead of the company's annual meeting in May.
NEW YORK, April 10- Activist investor Carl Icahn has dropped his call for eBay Inc to split off its fast-growing PayPal payments unit but has suggested he would keep pressure on the e-commerce company.
EBay announced it will—at Carl Icahn's urging—appoint business executive David Dorman as an independent director. In exchange, Icahn said he'll back off.
NEW YORK, April 10- EBay Inc and Carl Icahn ended their proxy fight on Thursday as the activist investor dropped his proposal that the e-commerce company split off its PayPal payments unit and withdrew his two nominees for the eBay board.
The SEC, which announced the settlement on Tuesday, said CVS failed while marketing a $1.5 billion bond offering in September 2009 to disclose having recently lost significant Medicare and contract revenue streams in its pharmacy benefits manager business, including from the former Caremark Rx Inc that it bought in March 2007.
April 8- CVS Caremark Corp agreed to pay $20 million to settle U.S. Securities and Exchange Commission charges that it misled investors about significant financial setbacks and used improper accounting to artificially boost its results. The Woonsocket, Rhode Island- based company did not admit or deny wrongdoing in agreeing to settle.
Attorneys general is 28 states urged Wal-mart and four other retailers to stop selling tobacco products. They said they should not be sold in health stores.
Big U.S. companies appear to have handed out smaller increases in compensation to their CEOs in 2013.
Shoppers are visiting fewer stores than they did in the past, increasing the importance of building a loyal customer base.
A recent acquisition shows how bedroom novelties have aroused the interest of private equity firm Brookstone Partners.
U.S. stocks rose on Tuesday as Federal Reserve Chair Janet Yellen stressed Fed continuity.
U.S. stock index futures ticked higher, ahead of Federal Reserve Chair Janet Yellen's first testimony before Congress.
Some of the names on the move ahead of the open.
The Fed chair's first testimony before Congress is the big event for markets in the week ahead, as traders sift through economic data.
The market’s mood seemed to shift on Friday. But will the positive tone bleed into the week ahead?
Dave Dorman, CVS Caremark chairman of the board, weighs in on why he is not "surprised" by the weak jobs number, and defends his company's decision to stop selling tobacco products to customers at CVS.
Richard Fisher, Federal Reserve Bank of Dallas president, weighs in on the weak jobs number and the likelihood of the Fed interrupting its tapering program. Also Dave Dorman, CVS Caremark chairman of the board, weighs in on the employment picture.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and some sarcastic reflections.
Stacey Widlitz, SW Retail Advisors, looks at who will profit from CVS's decision to stop the sale of tobacco products.
Beginning October 1st, CVS will no longer sell tobacco products in any store. NBC's Tom Costello reports CVS wants to be an extension of your doctor's office.