Content about Finance

November 18, 2010

No matter how you slice it, the flexible spending account changes that are part of...

WHAT IT MEANS AND WHY IT’S IMPORTANT — No matter how you slice it, the flexible spending account changes that are part of the overall Affordable Care Act aren’t doing a whole lot by way of saving healthcare dollars, at least not for patients. Indeed, about the only benefactors are those folks who have to make dollars and cents out of what might become the first casualty of the Obamacare healthcare package — those who have to explain how the administration plans to pay for this package, you know, by not raising taxes.

November 15, 2010

A location-based retail app now is available for Target shoppers in select markets....

MINNEAPOLIS — A location-based retail app now is available for Target shoppers in select markets.

November 14, 2010

A panel of healthcare thought leaders has concluded that a recent IRS rule change going...

WASHINGTON — A panel of healthcare thought leaders has concluded that a recent IRS rule change going into effect Jan. 14, 2011, will demand retail system challenges that are operationally impossible to overcome in the limited time frame required.

And the National Association of Chain Drug Stores couldn’t agree more.

November 9, 2010

PNC Bank has made its branded automated teller machines available for customer use in 135...

INDIANAPOLIS PNC Bank has made its branded automated teller machines available for customer use in 135 CVS/pharmacy locations throughout Indiana.

The PNC-branded ATMs, which are owned and operated by Cardtronics, are accessible to all CVS/pharmacy customers. PNC Bank customers will enjoy surcharge-free withdrawals and the ability to check their balances at 135 stores identified with a PNC logo in the window, PNC said.

November 2, 2010

Retailers can look to last-minute holiday shoppers to bring in the big bucks, according to...

October 24, 2010

Many retail CFOs are adjusting their outlooks as the holiday season approaches, according to a...

October 24, 2010

Kroger announced that it has teamed up with U.S. Bank to offer credit cards and...

October 18, 2010

The National Association of Chain Drug Stores on Tuesday released a letter addressed to the...

October 12, 2010

Walgreens' board of directors on Wednesday announced the authorization of a new $1 billion share...

October 10, 2010

Your company’s ideas may be as valuable as your products. Many of today’s most relevant and distinct brands, such as Oakley sunglasses, Under Armour, Axe, Aveeno, Apple, Method, Stonyfield yogurt and Whole Foods, have one thing in common: Each of these brands may not be the largest in its category, but it is the best at creating emotional connections with its core consumer.

Your company’s ideas may be as valuable as your products.

Many of today’s most relevant and distinct brands, such as Oakley sunglasses, Under Armour, Axe, Aveeno, Apple, Method, Stonyfield yogurt and Whole Foods, have one thing in common: Each of these brands may not be the largest in its category, but it is the best at creating emotional connections with its core consumer. They are brands that are well positioned in the consumer’s mind and supported by an array of corporate assets—many of them intangible. What is their secret?

October 5, 2010

A few weeks after Johnson & Johnson announced it would purchase the remainder of Dutch...

NEW YORK A few weeks after Johnson & Johnson announced it would purchase the remainder of Dutch biotech firm Crucell it doesn't already own for about $2.4 billion, J&J received backing for the bid.

Crucell recommended the offer to the shareholders but not without receiving some criticism from shareholders Delta Lloyd Asset Management, Robeco and the Van Herk Group, which said the offer from J&J "undervalued" Crucell's worth. The fund managers jointly control at least 15.5% of Crucell, according to Reuters.

 

September 30, 2010

Global alternative asset manager The Carlyle Group and NBTY on Monday announced that Carlyle has...

September 22, 2010

Rite Aid on Thursday reported revenues of $6.2 billion, down 2.5%, reflecting a net loss...

September 22, 2010

There may be a silver lining within Rite Aid's second-quarter results that were released Thursday,...

September 20, 2010

Aisle7 on Tuesday announced the availability of the Aisle7 Mobile suite, a collection of customizable...

September 20, 2010

Revlon has announced a regular dividend on its Series A Preferred Stock, payable on Oct....

NEW YORK Revlon has announced a regular dividend on its Series A Preferred Stock, payable on Oct. 8, 2010, to holders at the close of business on Sept. 30.

 

The board of directors declared a regular dividend of $0.167434 per share on the Series A Preferred Stock for the period from July 8, 2010, through Oct. 8, 2010.

 

 

September 15, 2010

Kroger increased its quarterly dividend to 10.5 cents, a 10.5% increase, which will be paid...

September 12, 2010

Rite Aid’s wellness+, one of the few loyalty cards that proffers an actual healthcare component...

September 8, 2010

Safeway announced Wednesday that it raised $11.2 million to benefit the Muscular Dystrophy Association during...

September 1, 2010

Workers on average are paying nearly $4,000 this year toward the cost of family health...

WASHINGTON Workers on average are paying nearly $4,000 this year toward the cost of family health coverage — an increase of 14%, or $482, above what they paid last year, according to the benchmark "2010 Employer Health Benefits Survey" released Thursday by the Kaiser Family Foundation and the Health Research and Educational Trust.

August 30, 2010

Sales and profits at Dollar General grew at a healthy pace during the second quarter...

GOODLETTSVILLE, Tenn. Sales and profits at Dollar General grew at a healthy pace during the second quarter as the company’s value proposition resonated with cost-conscious shoppers.

August 24, 2010

Continental Fragrances, whose hair care brands include Salon Grafix, Giga.Hold and High Beams, has announced...

August 22, 2010

Grocer A&P has appointed Frederic Brace to the new position of chief administrative officer, effective...

August 18, 2010

Rite Aid on Thursday announced that it successfully completed its previously announced refinancing transactions that...

August 17, 2010

Retail mail-order pharmacy HealthWarehouse.com reported Wednesday a 106% spike in its second-quarter sales....