11/05/2015 - 4:41pm

As the company heads into the holiday season and Q4, CEO Jerry Shore said Fred’s is aiming to optimize its operations and finish the fiscal year with a strong financial showing. 

11/05/2015 - 12:34pm

Though Costco’s U.S. sales saw a 1% increase over both the four weeks and nine weeks ended Nov. 1 compared to last year, its Canadian stores saw an 8% decrease in comparable sales. 

11/03/2015 - 4:21pm

With the completion of this step all Mylan needs is word from Perrigo’s shareholders on whether or not they will accept the company’s $27 billion acquisition offer, which was tendered on Sept. 14. 

11/02/2015 - 12:53pm

First-quarter revenue for the Pharmaceutical segment increased 19% to $25.1 billion due to growth from existing and new customers and, to a lesser extent, contributions from acquisitions. 

11/02/2015 - 12:22pm

The New York Times is reporting that Irish pharmaceutical company Shire has entered into an agreement to purchase Dyax, a biotechnology company that makes treatements for hereditary angioedema (HAE), for as much as $6.5 billion. “This highly complementary transaction aligns with and accelerates our strategy to build a global leading biotechnology company focused on rare diseases and specialty conditions,” Shire’s CEO Dr. Flemming Ornskov said. “It adds to our portfolio of best-in-class therapies addressing unmet needs in our core therapeutic areas, expanding and extending our leadership position in HAE.” (New York Times)

11/02/2015 - 12:09pm

Publix sales for the first nine months of 2015 were $24.1 billion, a 6.4% increase. Comparable-store sales for the first nine months of 2015 increased 4.5%.

10/30/2015 - 11:56am

"Competition is essential in every part of our economy, and especially so in a market as complex and important as health care," Sen. Mike Lee, R-Utah, said about Walgreens’ planned acquisition of Rite Aid. 

10/30/2015 - 7:54am

“Our customers have different expectations of us today, and we need to meet those expectations," Wakefern chairman and CEO Joseph Colalillo told Wakefern's shareholders. “We are going to deliver that customer experience by uniting around our purpose and bringing our values to life in our stores.” 

10/30/2015 - 6:21am

CVS Health's pharmacy same-store sales were up 4.6% and pharmacy same-store prescription volumes up 4.4% on a 30-day equivalent basis.