Some of the names on the move ahead of the open.» Read More
Feb 5- CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the United States to take cigarettes off the shelves.
Feb 5- CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the United States to take cigarettes off the shelf. "I think it will put pressure on other retailers who want to be in healthcare," said CVS Caremark Chief Medical Officer Dr.
Some of Friday's midday movers:
While the sex toy industry has seen much more acceptance in the past two years, it still has a way to go before it's part of mainstream culture.
Many U.S. retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season.
Jan 9- Hellman& Friedman LLC is exploring a sale of Catalina Marketing Corp, which claims to have the world's largest shopper history database and could fetch as much as $2.5 billion, according to three people familiar with the matter.
L Brands cut its earnings forecast for the holiday quarter on Thursday after reporting disappointing December sales at its Victoria Secret and La Senza chains. Family Dollar Stores Inc and teen retailer Zumiez Inc, which both reported sales declines for December, also slashed their profit forecasts.
Some of Wednesday's midday movers:
Some of Friday's midday movers.
These companies will have to make significant changes if they're to become a Wall Street comeback story. The Fiscal Times reports.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Dec 20- Walgreen Co, the largest U.S. drugstore operator, reported higher quarterly sales on Friday, but an increase in promotions and a slowdown in the introduction of higher-profit generic drugs cut into its gross profit margin. Wasson said the business environment was challenging and said Walgreen would focus on containing costs to protect margins.
Dec 19- Rite Aid Corp, the third-largest U.S. drugstore chain, cut its full-year profit forecast, mainly due to Medicare reimbursement cuts and higher cost of some generic drugs, sending the company's shares down as much as 11 percent. Rite Aid cut its full-year profit forecast to 17- 23 cents per share from 18- 27 cents per share.
U.S. stock index futures indicated a lower opening on Thursday after stocks surged yesterday on news from the Fed.
Even with stocks surging to record highs, traders see upside for the market into year end and they are looking to Santa to provide some of the lift.
NEW YORK, Dec 18- CVS Caremark Corp said on Wednesday that it expected sales and earnings to rise in 2014 despite only a "modest" benefit next year from the launch of Obamacare and a ban preventing it from marketing to some Medicare patients.
Traders are widely divided on what the Fed will do next week, which raises the odds for a volatile market reaction.
"Dilbert" creator Scott Adams visited this week, bringing custom characters for hosts Joe Kernen, Becky Quick and Andrew Ross Sorkin.
Had you put money to work in this stock, you’d be sitting pretty right about now.
Costco Wholesale Corp said sales at stores open at least a year rose 2 percent, below the 3.3 percent increase analysts were looking for, according to Thomson Reuters. Costco shares were down 1.9 percent in morning trading.