Drugstore chain Rite Aid Corporation (NYSE: RAD) reported a narrower loss from continuing operations in the fourth quarter as it delivered the third consecutive quarter of same-store pharmacy sales and prescription count growth. The bottom line exceeded analysts’ expectations while the top line...
Walgreens to buy pharmacy files from 185 Fred's stores for $165 million. Walgreens will be strengthening their presence in Southeastern US through this deal. https://news.alphastreet.com/walgreens-acquires-freds-inc-pharmacy-165-million/
CVS Health slipped to a loss in the second quarter from a profit last year, hurt by certain goodwill impairment charges related to the Long-Term Care business. However, revenue and net loss for the quarter exceeded analysts’ expectations. Shares of the pharmacy benefits manager rose 2.24% during...
CVS Health is expected to post earnings for the second quarter on Wednesday before the market opens. Analysts expect the company to report upbeat results for the quarter. Investors remained concerned on the slowing revenue growth and the exuberant Aetna deal, which is predicted to close by...
Amazon has entered into healthcare space by acquiring online pharmacy Pillpack. This will be a real blow for drugstore companies like Walgreens, Rite Aid, CVS Health and many more. So, will they deliver drugs through online orders without prescriptions or will they have some restrictions...
CVS Health reported an increase of 2.6% in revenues to around $45.7 billion for the first quarter of 2018 compared to the prior year period. Net income rose 4.7% to $998 million or $0.98 per share. Adjusted EPS came in at $1.48, beating market estimates.
The quarterly results benefited from...
Is CVS really buying gen tamiflu for 35.14? Saw this on Twitter and small indie pharmacies are pay more than double that price.
https://twitter.com/hogsslaughtered/status/960646223635144704
$CVS has agreed to acquire $AET for approx. $207 per share or approx. $69Bil. Including the assumption of $AET debt, the total value of the deal is $77Bil. The transaction is expected to close in the second half of 2018. http://alph.st/bf21af3f
CVS health profit was hit due to temporary store closure that occurred during Hurricane Harvey. Few of its stores are still recovering from the affect of the hurricane.
Atena is said to have a medical membership of over 20 Million. If the two companies pair up, cvs could open the pharmacy...