Content about Moody's

May 3, 2012
Rite Aid's total, same-store sales increase in April

Rite Aid reported a 2.9% increase in same-store sales for the month of April, the company said in a monthly sales report Thursday.

CAMP HILL, Pa. — Rite Aid reported a 2.9% increase in same-store sales for the month of April, the company said in a monthly sales report Thursday.

The boost included a 2.7% increase in front-end comps and a 3% increase in pharmacy comps, as well as a 3.8% increase in script count. Total drug store sales for the period, which ended Saturday, were nearly $2 billion, a 2.5% increase over the $1.95 billion reported in April 2011.

June 8, 2011
Moody's gives CVS Caremark high rating among PBM competitors

Moody's Investors Service compared the three largest pharmacy benefit managers — CVS Caremark, Express Scripts and Medco Health Solutions — in a report issued Tuesday. While it maintained a positive view of all three, it gave CVS Caremark the highest credit rating.

NEW YORK — Moody's Investors Service compared the three largest pharmacy benefit managers — CVS Caremark, Express Scripts and Medco Health Solutions — in a report issued Tuesday. While it maintained a positive view of all three, it gave CVS Caremark the highest credit rating.

"CVS Caremark has the highest credit rating of the three companies and is the only one with a retail pharmacy business, providing it with size and diversity that offset financial metrics that are weaker than the company's PBM peers," the report stated.

March 4, 2010
Mylan gets upgrade from Moody's

Generic drug maker Mylan got an upgrade in its credit rating from Moody’s Investors Service,...

January 13, 2010
The Biggest Little Pharma in the World: Teva gets an “A” rating from Moody’s

Moody’s Investors Service announced Wednesday that it had upgraded the ratings of generic drug maker...