Content about Financial News

December 16, 2009

The Penn Traffic Co. may have found a buyer for some of its stores, according...

December 16, 2009

Rite Aid on Thursday posted a net loss of $83.9 million on revenues of $6.4...

December 15, 2009

Biotech company Biogen Idec said Tuesday that its $17.50-per-share offer to acquire Facet Biotech Corp....

December 14, 2009

Kraft Foods has considered Cadbury's formal response to its offer to acquire all of the...

December 13, 2009

Alberto Culver, whose brands include St. Ives and Noxzema, is expanding its skin care portfolio...

December 13, 2009

Cadbury raised its outlook Monday after spitting out Kraft's sour hostile takeover bid....

December 13, 2009

The list of the top 100 companies traded on Nasdaq now includes a generic drug maker....

December 10, 2009

Procter & Gamble signed a binding offer with Sara Lee to acquire its Ambi Pur...

December 10, 2009

A glimmer of hope for the holiday season: The U.S. Census Bureau announced Friday that...

December 8, 2009

A beverage maker has agreed to license certain brands to one of the largest food...

December 7, 2009

Cincinnati-based grocer chain Kroger reported a net loss for the third quarter of $874.9 million,...

December 6, 2009

British confectioner Cadbury announced Monday that it would formally respond to another hostile bid made...

December 2, 2009

Deep discounter Fred's on Thursday reported a 2% sales decline to $138.3 million for the...

December 2, 2009

Rite Aid on Thursday posted a 0.5% decline in same-store sales for the five weeks...

December 2, 2009

Target reported that its net retail sales for the four weeks ended Nov. 28 were...

December 1, 2009

Walgreens reported a surge in monthly sales ended Nov. 30....

December 1, 2009

Generic drug maker Watson Pharmaceuticals has completed its $1.05 billion acquisition of Arrow Group, the...

November 22, 2009

Dr Pepper Snapple Group announced that its board of directors has approved its first-ever dividend....

November 19, 2009

As rumors swirl around a possible bid by Hershey and Ferrero for London-based confectioner Cadbury,...

November 17, 2009

It seems that Hershey is hungry for one of its competitors, according to published reports....

November 17, 2009

The troubled operator of three supermarket chains in the Northeast has filed for bankruptcy....

November 15, 2009

The U.S. subsidiary of a Japanese drug maker has acquired a company that develops drugs...

November 11, 2009

Quigley on Thursday reported net sales of $5 million for the quarter ended Sept. 30,...

November 11, 2009

Canada-based Shoppers Drug Mart saw net earnings increase 6.6% to $157.92 million, driven by strong...

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