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Retail Distributors

  • *Q1 earnings $1.77/ shr vs estimate of $1.68/ shr. *Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share. Leerink Partners analyst David Larsen said the unchanged drug pricing forecast bodes well for fiscal 2018, adding that operating margins for the quarter have been partly hurt by more rapid brand to generic conversions and not pricing.

  • *Q1 earnings $1.77/ shr vs estimate of $1.68/ shr. *Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share. AmerisourceBerger's net income fell to $411.5 million, or $1.86 per share, in the second quarter ended March 31, from $603.5 million, or $2.68 per share, a year earlier.

  • April 27- Duracell, a unit of Warren Buffett's Berkshire Hathaway Inc, on Thursday filed a lawsuit accusing a Missouri wholesaler of illegally selling gray market versions of its copper-top alkaline batteries. According to a complaint filed in federal court in Chicago, JRS Ventures Inc is importing and selling batteries made in China that were intended for...

  • CHICAGO, April 21- Target Corp, Wal-Mart Stores Inc and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress. The decision by retailers to forestall supply chain investment in countries such as Bolivia and Romania to focus...

  • CHICAGO, April 21- Target Corp, Wal-Mart Stores Inc and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress. The decision by retailers to forestall supply chain investment in countries such as Bolivia and Romania to focus...

  • Underlying UK sales rise for fifth straight quarter. LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for annual profit as its recovery gained pace, potentially strengthening the hand of boss Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. The supermarket group said its turnaround was ahead of schedule-- citing a...

  • *Underlying UK sales rise for fifth straight quarter. LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for full-year profit as its recovery gained pace, potentially strengthening the hand of Chief Executive Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. In addition to a 30 percent rise in its key profit measure,...

  • *Fourth-quarter UK underlying sales rise 0.7 pct. LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for full-year profit, showing its recovery is gaining pace and boosting Chief Executive Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. Annual like-for-like sales in its core UK market rose 0.9 percent- the first...

  • LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for full-year profit, showing its recovery is picking up pace in a boost to CEO Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. "We are confident that we can build on this strong performance in the year ahead," said Chief Executive Dave Lewis. By 2020, Lewis wants Tesco to...

  • LONDON, April 11- Tesco's annual results on Wednesday are likely to show the recovery at Britain's biggest retailer is picking up steam, potentially giving a boost to its stuttering campaign to win investor backing for a takeover of wholesaler Booker. Tesco is forecast to report a 33 percent rise in its key profit measure for its 2016-17 financial year, with a...

  • Gregory 'Greg' Maffei, chief executive officer of Liberty Media Corp., speaks during a Bloomberg Television interview in New York, U.S.

    Liberty Media CEO Greg Maffei says that media giants are adjusting to the changing landscape of subscription-based video.

  • What the gov't can do on Herbalife: Herb Greenberg

    Herb Greenberg, Pacific Square Research Partner, and CNBC's Scott Wapner, discuss Bill Ackman's attack on Herbalife's business model.

  • An employee operates a forklift at the distribution center of the Oregon Freeze Dry facility in Tangent, Oregon.

    U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.

  • Dhanin Chearavanont, billionaire and chairman of Charoen Pokphand Group Co. (CP Group), pauses while attending a conference hosted by the Thailand-China Chamber of Commerce in Bangkok, Thailand.

    A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.

  • In one of Herbalife's fastest-growing markets, sellers' extraordinary health claims are drawing unwanted attention.

  • Chinese lamb stew hot pot

    Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.

  • These Are Gold's Key Levels: Pro

    Gold prices topped $1,675 an ounce, rising along with the euro after the European Central Bank gave no hints on near-term rate cuts.