Food and Staples Retailing Drug Retail

  • A Walgreens store is shown in Homestead, Fla.

    The Florida lawsuit accuses the drug stores and pharmaceutical distributors of playing as big a role in the proliferation of opioid addiction as the drug manufacturers of OxyContin and fentanyl, a synthetic opioid 50 times stronger than heroin.

  • Nov 20- CVS Health Corp said on Tuesday that it expects to close its $69 billion purchase of health insurer Aetna Inc after the Thanksgiving holiday. The pharmacy chain and benefits manager had previously expected the transaction to close by Nov. 22. CVS said in a filing it had received approval from 26 of the 28 state departments of...

  • A Tilray grow room

    Marijuana producer Tilray reported quarterly earnings that beat analysts' expectations on Tuesday, though total revenues fell just shy of estimates.

  • Mario Ancalmo receives an influenza vaccination from Raphael Lynne, Pharm. D., MBA, at the CVS/pharmacy on October 4, 2018 in Miami, Florida. 

    CVS expects its roughly $69 billion acquisition of health insurer Aetna to close before Thanksgiving. CVS plans to open its first concept stores early next year, CEO Larry Merlo told Wall Street analysts Tuesday.

  • The U.S. pharmacy chain said its $69 billion acquisition of health insurer Aetna Inc, which won U.S. Department of Justice nod in October, is likely to close before Thanksgiving. The company said net income rose to $1.39 billion, or $1.36 per share, in the third-quarter ended Sept.30 from $1.29 billion, or $1.26 per share, a year earlier. Excluding items, CVS Health...

  • The drugstore chain, which expects to close its $69 billion acquisition of health insurer Aetna Inc this year, said net income rose to $1.39 billion, or $1.36 per share, from $1.29 billion, or $1.26 per share, a year earlier. The company said its income tax provision declined by $268 million in the third quarter ended Sept.30. Net revenue rose 2.4 percent to $47.27...

  • A lab technician at Novo Nordisk conducts in vitro research in Malov, Denmark.

    Denmark's Novo Nordisk reported weaker-than-expected earnings on Thursday, citing currency headwinds.

  • Roche's third-quarter sales rose 7 percent, above analyst forecasts, as sales of new drugs including its multiple sclerosis therapy Ocrevus helped offset the impact that rivals' copies are having on the Swiss group's top-selling drugs.

  • WASHINGTON/ NEW YORK, Oct 10- Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc, the Justice Department said on Wednesday, paving the way for a combination with potential to cut U.S. healthcare costs for consumers. The deal was approved on the condition that the companies sell Aetna's standalone...

  • WASHINGTON, Oct 10- Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc, the Justice Department said on Wednesday, paving the way for a combination the companies say can help cut soaring U.S. healthcare costs. Without the divestiture the two companies would have owned more than a 30 percent share...

  • WASHINGTON, Oct 10- The U.S. Justice Department is expected to approve drug retailer CVS Health Corp's. The U.S. Justice Department gave the green light to health insurer Cigna Corp's $52 billion acquisition of the nation's largest pharmacy benefit manager, Express Scripts Holding Co, on Sept. 17. As part of what is widely expected to be a settlement with the U.S....

  • An employee works on the production of insulin pens at the factory of the US pharmaceutical company Eli Lilly in Fegersheim, France.

    Eli Lilly said on Thursday its new two-in-one diabetes drug was successful in lowering blood sugar and reducing weight, sending its shares to a record high and weighing on those of arch-rival Novo Nordisk. 

  • Walgreens will partner with Birchbox to bring the digital makeup company into physical stores. 

    Walgreens will experiment with adapting Birchbox's concept to some of its stores, stocking shelves with more "prestige" makeup brands, dedicating more floor space to Birchbox and allowing customers to "build your own Birchbox" at Walgreens.

  • Pedestrians walk in front of a Rite Aid Corp. store in Los Angeles, California, U.S., on Tuesday, Sept. 20, 2016.

    Rite Aid is separating the CEO and chairman position. Director Bruce Bodaken will become chairman and John Standley will remain CEO.

  • Mail-order drug company PillPack prepackages consumers' pills for daily or hourly use.

    The vast majority of Amazon Prime members who have health insurance told Deutsche Bank that they would be willing to purchase prescription drugs on the online retailer's website.

  • Most of the generic drug world is good companies, we're worried about those creating shortages, says Intermountain Healthcare CEO

    Dr. Marc Harrison, Intermountain Healthcare president and CEO, joins the 'Power Lunch' crew to discuss the Civica project, a team of seven firms making up about 500 hospitals partnering to form a non-profit generic drugmaker.

  • Sept 6- U.S. drugstore chain Walgreens Boots Alliance Inc said on Thursday emergency allergy shots from Kaleo will be available in its stores, the latest effort to address shortages of the lifesaving treatment during the back-to-school season. There has been an acute shortage of Mylan's EpiPen, which dominates the allergy market, with the health regulator...

  • FDA approves Teva's generic EpiPen

    CNBC's Meg Tirrell reports on U.S. regulators clearing the first generic competitor to Mylan's EpiPen, after a yearslong delay that many said contributed to the emergency allergy drug's rapid rise in price.

  • The Aetna deal is likely to reshape healthcare in the United States as brings together one of the nation's largest pharmacy benefits managers and pharmacy operators with one of its oldest health insurers, whose national business ranges from employer healthcare to government plans. Net loss attributable to CVS was $2.56 billion, or $2.52 per share, in the...

  • A pedestrian passes a CVS store in New York.

    CVS Health topped Wall Street's second-quarter earnings and revenue estimates.