Financial News

05/17/2013 - 12:51pm

The deal that paired Walgreens and Alliance Boots with wholesaler AmerisourceBergen has received the required regulatory clearances, the companies announced Friday.

05/17/2013 - 8:56am

Supervalu successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement.

05/16/2013 - 10:30am

Walmart Stores reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales.

05/15/2013 - 9:03am

Alliance Boots on Wednesday reported a double-digit profit gain for its year ended March 31.

05/14/2013 - 4:34pm

Safeway announced that its board of directors approved an increase to its regular quarterly cash dividend from $0.175 per share to $0.20 per share, reflecting a 14% increase.

05/14/2013 - 2:33pm

According to a recent poll that will appear in the June 2013 issue of ShopSmart, 56% of women do not take advantage of coupons and discount codes when it comes to purchasing makeup, skin care items and other beauty products.

05/14/2013 - 11:03am

Actavis is continuing to pursue a plan to buy Irish drug maker Warner Chilcott, as the U.S.-based company announced Tuesday its total number of shares and share-purchase options in order to comply with Ireland's merger-and-acquisition rules.

05/13/2013 - 11:47am

Seasonally adjusted retail sales increased by 0.6% in April over last year, while unadjusted retail sales increased 3.9%, according to numbers released Monday by the Department of Commerce.

05/13/2013 - 8:14am

AmerisourceBergen announced that it has completed the previously announced divestiture of its contract packaging business, AndersonBrecon, to an entity formed by affiliates of an investor group led by Frazier Healthcare VI.

05/10/2013 - 3:54pm

Actavis is looking into the possibility of buying Warner Chilcott, the generic drug maker said.