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Rite Aid Corp


  • *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...

  • *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...

  • 13 wacky and original ideas raising millions Friday, 15 May 2015 | 11:30 AM ET
    Magnifying glass over illustration of lightbulb in head

    Hundreds of noteworthy new businesses had to be turned away from the 2015 CNBC Disruptor 50 list. Here's a look at the honorable mentions.

  • Lightning Round: Great staple that keeps doing well Tuesday, 12 May 2015 | 7:49 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • AmEx to roll out new loyalty program Plenti Monday, 4 May 2015 | 8:05 AM ET

    American Express will roll out its new loyalty program, Plenti, allowing U.S. shoppers for the first time to earn rewards points through purchases.

  • Dimon, now Summers: There's a liquidity problem Thursday, 9 Apr 2015 | 9:01 AM ET
    Larry Summers, left, and Jamie Dimon

    The former Treasury secretary said regulators should make a priority of addressing the problems of bond market liquidity, brought on by efforts to make institutions safer after the crisis.

  • April 8- Rite Aid Corp reported a better-than-expected quarterly profit on Wednesday, and expected a renewed distribution agreement with McKesson Corp along with the remodeling of its wellness stores to benefit fiscal 2016 earnings. Rite Aid is the No. 3 drugstore chain by sales in the U.S. behind Walgreen Boots Alliance and CVS Health Corp.

  • NEW YORK, April 8- U.S. stocks were set to open little changed on Wednesday, with traders eyeing a $70 billion mega-deal in the energy space and ahead of minutes from the most recent meeting of the Federal Reserve's policy-setting committee. *Royal Dutch Shell said it would buy rival BG Group for $70 billion, closing the gap on market leader U.S.

  • Wall Street eyes Fed minutes as earnings season starts Wednesday, 8 Apr 2015 | 8:51 AM ET
    Barrels are filled with oil at a Royal Dutch Shell lubricants blending plant in Torzhok, Russia.

    U.S. stock index futures pointed to a higher open as investors await what they expect to be dovish minutes from the Fed and Alcoa earnings.

  • Early movers: RDSA, TSLA, MRK, RAD & more Wednesday, 8 Apr 2015 | 8:02 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Rite Aid quarterly same-store sales rise 4.5 pct Wednesday, 8 Apr 2015 | 7:24 AM ET

    April 8- Drugstore chain operator Rite Aid Corp's quarterly revenue rose 3.8 percent, helped by strong prescription sales that drove better-than-expected same-store sales growth. Rite Aid's shares rose 2.9 percent to $8.95 in premarket trading on Wednesday. The latest quarter included an income tax benefit of $1.72 billion, or $1.67 per share, Rite Aid said.

  • Volatile oil, a dovish Fed, and start of earnings Wednesday, 8 Apr 2015 | 5:57 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Markets expect to hear from a dovish Fed Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.

  • Traders work on the floor of the New York Stock Exchange.

    Markets expect to hear from a dovish Fed Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.

  • Cramer Remix: You're wrong about the Fed Monday, 6 Apr 2015 | 7:01 PM ET
    Jim Cramer on the set of Mad Money

    "Mad Money" host Jim Cramer has some choice words for the futures market.

  • Cramer: To make real money, stop fearing the Fed! Monday, 6 Apr 2015 | 6:57 PM ET
    The Federal Reserve building is shown in Washington.

    Jim Cramer advises that to make real money, focus on these non-Fed focused opportunities instead.

  • Cramer game plan: Iran deal is good for stocks Thursday, 2 Apr 2015 | 6:10 PM ET
    Iranian Foreign Minister Mohammad Javad Zarif gestures gestures as he speaks during a press conference at the Swiss Federal Institute of Technology in Lausanne (Ecole Polytechnique Federale De Lausanne) on April 2, 2015, after the announcement of an agreement on Iran nuclear talks.

    Jim Cramer focuses on the impact that a deal with Iran could have on Wall Street—and your portfolio.

  • NEW YORK, March 30- UnitedHealth Group Inc's planned takeover of No. 4 U.S. pharmacy benefits provider Catamaran Corp will give the companies added heft in price talks with drug companies, serving as a catalyst for deals allowing other insurers to bulk up. The $12.8 billion deal comes at a time when Wall Street has been parsing the possibilities that top insurers...

  • Early movers: FDX, GIS, ORCL, MSFT, HLF & more Wednesday, 18 Mar 2015 | 7:58 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • AmEx to launch cross-brand loyalty program: Report Wednesday, 18 Mar 2015 | 6:50 AM ET
    American Express

    American Express will team up with seven companies to launch a loyalty program this spring, The Wall Street Journal reported.

  • March 18- American Express Co said it will team up with seven U.S. companies, including Macy's Inc, AT&T Inc and Exxon Mobil Corp, to launch a cross-brand loyalty program for the first time in the United States. AmEx issues cards co-branded with individual U.S. companies such as Delta Airlines Inc, Starwood Hotels& Resorts Worldwide Inc and Cathay Pacific Airways...