05/21/2014 - 11:30am

Despite the massive data breach that hurt Target’s fourth quarter, people are not staying away from the retailer. According to a Reuters report, the company saw a dramatic improvement in traffic in the first quarter compared with its late fourth-quarter trends.

05/19/2014 - 11:09am

Pfizer on Sunday made a final offer valued at $118 billion for AstraZeneca. AstraZeneca, in turn, rejected the bid Monday morning.

05/15/2014 - 10:22am

Walmart continues to envision flat same-store sales at its U.S. stores after reporting weaker than expected profits on weak U.S. sales results that were negatively affected by a winter that wouldn’t end.

05/14/2014 - 12:54pm

Stater Bros. chairman, president and CEO Jack Brown on Tuesday announced second-quarter results for fiscal 2014.

05/14/2014 - 12:07pm

Dr. Reddy’s Laboratories on Tuesday posted $2.2 billion in annual sales for the fiscal year ended March 31, representing growth of 14%.

05/14/2014 - 9:42am

Retail sales rose ever so slightly in April, putting a damper on hopes of a sharp uptick in economic growth in the second quarter. According to the U.S. Commerce Department, retail sales — which include categories such as automobiles, gasoline stations and restaurants — rose 0.1% in April, following a revised 1.5% increase in March that ranked as the biggest since March 2010.

05/13/2014 - 8:51am

McKesson reported that revenues for the fourth quarter ended March 31 were $38.1 billion, up 25%.

05/12/2014 - 4:03pm

After several months of sluggish retail sales, consumer shopping in the United States rebounded in April, according to the latest MasterCard SpendingPulse report, which aggregates national retail sales activity in the MasterCard payments network, coupled with estimates for all other payment forms, including cash and check.

05/12/2014 - 10:36am

Lundbeck and Chelsea Therapeutics International last week announced an agreement under which Lundbeck will acquire Chelsea.