Financial News

05/01/2013 - 3:19pm
Bayer to acquire Conceptus for $1.1 billion

Bayer HealthCare will buy birth-control product maker Conceptus for $1.1 billion, the companies said.

05/01/2013 - 11:06am
Publix posts 6.1% gain in first-quarter sales

Publix posted first quarter sales of $7.5 billion, representing a 6.1% increase.

05/01/2013 - 11:01am
Actavis to acquire rights to Valeant drug

Drug maker Actavis has acquired rights to a treatment for an experimental bacterial vaginosis from Valeant Pharmaceuticals International for about $55 million, the drug makers said.

04/30/2013 - 11:18am
Family Dollar supply chain exec exits company

Family Dollar Stores on Monday announced Charles Gibson, EVP supply chain, will leave the company to pursue other interests effective April 30.

04/29/2013 - 2:09pm
Reports: Valeant, Actavis deal put on hold

A proposal by Canadian drug maker Valeant Pharmaceuticals International to purchase generic drug maker Actavis has fallen through, according to published reports.

04/26/2013 - 12:26pm
North American sales of electronics, HBA up 28.4% for Amazon

Amazon on Thursday reported a net sales increase of 22% to $16.1 billion for its first quarter ended March 31.

04/26/2013 - 12:00pm
Walgreens, Alliance Boots, AmerisourceBergen deal to benefit Good Neighbor Pharmacy

AmerisourceBergen's base of 3,452 independently owned Good Neighbor Pharmacies will be another benefactor out of the wholesaler's blockbuster agreement with Walgreens and Alliance Boots, AmerisourceBergen CEO, president, director and chairman Steven Collis told analysts during a conference call Thursday.

04/25/2013 - 2:13pm
Weis Markets increases 2013 capital commitment by 8%

Weis Markets on Thursday announced it would invest $135 million in its 2013 capital expenditure program, an 8% increase compared to the year prior.

04/25/2013 - 11:55am
Safeway misses analyst sales expectations, shares drop

Safeway shares dropped dramatically Thursday morning as the company reported $10 billion in sales for its first quarter 2013 ended March 23, which is essentially flat as compared with the first quarter of 2012.

04/24/2013 - 6:04pm
Supervalu sales down as company goes through 'transitioning' period

Supervalu posted sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, the company said Wednesday.

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