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Food and Staples Retailing Drug Retail

  • TOKYO, Jan 10- Aeon Co Ltd, Japan's largest retailer by sales, notched up its highest third-quarter profit in four years as price cuts brought in more customers, while restructuring efforts at its struggling general merchandising stores also bore fruit. Aeon has continued to cut prices as Japan's supermarkets, convenience stores and drug stores battle it out to...

  • Jan 4- CVS Health Corp said on Thursday it expects the recent tax reform to boost its cash flow by about $1.2 billion, sending its shares up nearly 5 percent in afternoon trading. The company said last month it would buy health insurer Aetna for $69 billion to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

  • Jan 4- CVS Health Corp said it expects the recent tax overhaul to boost its cash flow by $1.2 billion, sending its shares up more than 4 percent in morning trading on Thursday. The No. 2 U.S. drug store chain, however, forecast quarterly adjusted earnings per share at the lower end of its previous outlook of $1.88- $1.92 as it suspended its share buyback program.

  • No Xmas magic for UK retailers. Here's how the UK food and drug retailers underperformed the FTSE 100 last year:. The FTSE meanwhile looks set for a slightly weaker open with futures trading down 0.1 percent after having finished 2017 with a series of new record highs.

  • TEL AVIV, Dec 24- Israel's largest pharmacy chain Super-Pharm Ltd is in talks to acquire Teva Pharmaceutical Industries' plant in the coastal city of Ashdod, a source familiar with the matter said on Sunday, confirming media reports. Super-Pharm would pay 60- 80 million shekels and is prepared to commit to continue employing the factory's 70 workers, said the...

  • The science behind shopping at GSK

    Packaging, placement, posters and pods, nothing is left to chance. GSK uses a fake pharmacy and mini supermarket to observe shoppers and gain retail insight.

  • JOHANNESBURG, Dec 12- South African drug store chain Dis-Chem has raised 1.120 billion rand from sale of a part of the shares held by its senior management team, the company said on Tuesday. The sale of shares will see founder and chief executive officer Ivan Saltzman owning 52.7 percent of Dis-Chems issued share capital. Dis-Chem sold 32,000,000 at a price of 35...

  • WASHINGTON, Dec 7- CVS Health Corp expects the U.S. Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman for the drugstore chain operator said. Asked which antitrust agency would review the deal, CVS spokesman David Palombi late on Thursday said: "Our expectation is that it will be the Justice Department."

  • WASHINGTON, Dec 7- U.S. drugstore chain operator CVS Health Corp expects the Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman said. CVS Health Corp and Aetna announced the $69 billion deal on Dec. 3, arguing it would enable the companies to tackle soaring healthcare spending by offering lower-cost...

  • Woman dentist

    Dental supply stocks fell Wednesday after Morgan Stanley issued a stark warning to investors: "Amazon is here."

  • Dec 6- Walgreens Boots Alliance Inc said it would buy a 40 percent stake in Chinese pharmacy chain operator Sinopharm Holding GuoDa Drugstores Co Ltd, as the U.S. drugstore chain seeks to expand in the country's fast-growing healthcare market. Walgreens, the biggest U.S. drugstore chain, said on Wednesday it would buy the minority stake from China National...

  • Dec 6- Walgreens Boots Alliance Inc said on Wednesday it would buy a 40 percent minority stake in China National Accord Medicines Corp Ltd's subsidiary Sinopharm Holding GuoDa Drugstores Co Ltd.. The U.S. drugstore chain operator said it would invest 2.767 billion yuan to acquire the stake. GuoDa operates and franchises retail pharmacies across China.

  • Analysts: Amazon getting into healthcare is 'a given'

    Mark Mahaney, internet analyst at RBC Capital, and Michael Baker, health care analyst at Raymond James, discuss the CVS-Aetna deal and how it may impact other companies.

  • Dec 3- U.S. drugstore chain operator CVS Health Corp said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies. The deal comes after Aetna's $37 billion plan to acquire smaller U.S. health insurance peer Humana Inc was blocked in January...

  • Dec 3- Aetna Inc's board of directors was meeting on Sunday to approve the U.S. health insurer's sale to U.S. drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock, according to people familiar with the matter. The $68 billion deal will be this year's largest corporate acquisition. CVS plans to use its low-cost clinics to...

  • UPS has acquired a manufacturing pharmacy license from Georgia.

  • Heptagon Capital's Alex Gunz discusses what he perceives as the appeal of buying IBM and Novo Nordisk stock.

  • Pedestrians walk past a Rite Aid Corp. store in Oakland, California.

    If Amazon launches pharmacies in Whole Foods and on Prime, an acquisition of Rite Aid would accelerate market share, according to Cowen.

  • People walk past a CVS store in New York.

    The cause is not known yet, CVS Health's David Dorman tells CNBC.

  • CVS system outages disrupts access to patient prescriptions

    The "Squawk Box" news team discusses how "system connectivity interruptions" have impacted patients attempting to refill medication at CVS stores across the country.