Financial News

05/13/2013 - 8:14am

AmerisourceBergen closes divestiture of contract packaging business AndersonBrecon

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 in talks to combine with Warner Chilcott

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

05/10/2013 - 1:12pm

Alliance Boots distributes equity interest in Galenica

Alliance Boots on Friday announced that it has distributed its equity interest in Galenica, its Swiss associate, to the group’s ultimate parent company, AB Acquisitions Holdings, in accordance with the terms of the agreement with Walgreens reached last year.

05/09/2013 - 10:18am

Costco comps increase 4% in April

Costco sales grew 7% in April over April 2012, the club retailer said.

05/08/2013 - 12:50pm

McKesson posts annual revenues of $122.5 billion, reports strong cash flow for new fiscal year

McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year.

05/08/2013 - 11:50am

Takeda to acquire Colo. maker of vaccines for tropical diseases

Japanese drug maker Takeda Pharmaceutical Co. will buy Fort Collins, Colo.-based vaccine maker Inviragen for up to $250 million, the two companies said Wednesday.

05/08/2013 - 10:41am

Fred's posts solid April results but flat for Q1

Fred's Super Dollar posted a slight 0.2% sales gain for its first quarter ended May 4, to $501.4 million.

05/06/2013 - 1:50pm

Grocer Weis Markets posts first-quarter sales increase of 3.2%

Weis Markets on Monday posted first-quarter sales of $682.7 million, representing an increase of 3.2%. Same-store sales were up 0.8%.

05/03/2013 - 3:05pm

Kellogg looks to new adult breakfast offerings to boost segment sales

Cereal maker Kellogg is hoping to appeal to adult customers with new breakfast food lines, the company said in announcing its first quarter 2013 earnings.

05/03/2013 - 2:33pm

Hain Celestial buys Ella's Kitchen

Hain Celestial Group, the company that makes Celestial Seasonings tea and other products, has purchased organic baby food company Ella's Kitchen Group, the company said.