Content about Financial News

December 5, 2013

McKesson announced that the company has launched the voluntary public takeover offer for the outstanding shares of Celesio through its indirect, wholly-owned subsidiary Dragonfly in connection with the announcement on Oct. 24 of McKesson’s agreement to acquire Celesio.

December 5, 2013

Mylan has completed its acquisition of the injectables business of Strides Arcolab, a deal worth nearly $2 billion, the drug maker said.

December 5, 2013

Rite Aid's same-store sales increased by 2.8% in November, the retail pharmacy chain said Thursday.

December 4, 2013

Sears Holdings chairman and CEO Eddie Lampert has pared down his stake in the retailing company, according to a regulatory filing Tuesday.

December 4, 2013

Walgreens on Wednesday reported November sales of $6.1 billion, an increase of 4.1% for the same month in fiscal 2013.

December 3, 2013

Paula Price is stepping down as Ahold USA's EVP and CFO, the supermarket operator said Tuesday.

December 2, 2013

Shionogi and Egalet have entered a deal worth up to $425 million for the development of abuse-deterrent opioid painkillers, Egalet said.

December 2, 2013

Pfizer on Monday announced that a wholly-owned Polish subsidiary of Pfizer has acquired the rights to Polocard, a low-dose aspirin (acidum acetylsalicylicum), and the leading over-the-counter brand for heart attack prevention in Poland, from ZF Polpharma SA.

November 26, 2013

German chemical and pharmaceutical giant Bayer plans to buy Norwegian drug maker Algeta for $2.4 billion, Algeta confirmed Tuesday.

November 26, 2013

Fred's Super Dollar on Tuesday credited an 8% lift in pharmacy department sales as a key factor accounting for the company's third-quarter success.

November 26, 2013

Generic drug maker Hospira will have its investor conference next week, the company said Tuesday.

November 25, 2013

The global market research firm Harris Interactive on Monday announced that it has entered into a definitive merger agreement to be acquired by Nielsen Holdings.

November 25, 2013

A report in the New York Post that Sears Holdings is looking to sell its Canadian division is false, the retailer said.

November 25, 2013

Target Corp. has donated $50,000 to assist in relief efforts in the Midwest following a devastating tornado outbreak there earlier this month.

November 22, 2013

Increased customer traffic helped drive Dollar Tree’s third-quarter results. The retailer cited growth in consumer basics, as well as seasonal and variety merchandise, and said its higher-margin variety categories are growing at a faster pace.

November 21, 2013

Sears Holdings had sales of $8.3 billion in third quarter 2013, down $585 million compared with third quarter 2012, the parent company of the Kmart and Sears chains said Thursday.

November 21, 2013

Target Corp. posted sales of $17.3 billion in third-quarter 2013, a 4% increase over the same period last year, and a $341 million profit, down by 46.4% from a year ago, the mass merchandise retailer said Thursday.

November 19, 2013

Spartan Stores and Nash Finch Company on Tuesday announced the completion of their merger.

November 18, 2013

PL Developments on Monday signed a definitive agreement to acquire Aaron Industries, manufacturer and distributor of liquid-dose private-label over-the-counter, pharmaceutical and consumer healthcare products for the retail and packaged goods industry.

November 18, 2013

A bill that would implement federal tracking and tracing of drugs and strengthen federal regulations on pharmacy compounding has passed in the Senate and will go to President Barack Obama for his signature.

November 15, 2013

The management team of Tops Friendly Markets has purchased the chain from the private equity firm that owned it, according to published reports.

November 14, 2013

Dutch supermarket operator Royal Ahold will sell its Slovakian business to Slovakia-based retailer Condorum, Ahold said Thursday.

November 14, 2013

Royal Ahold had sales of $9.96 billion in third quarter 2013, compared with $10.2 billion during the same period last year, the Dutch supermarket operator said Thursday.

November 14, 2013

Dollar General Corporation on Wednesday announced the resignations of Raj Agrawal and Adrian Jones as members of its board of directors, effective Dec. 5, 2013.

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