Drug Retail

Citi Investment Research is out with a research report on CVS Caremark (NYSE: CVS) and it has a Buy rating, and a $41 price target on shares. In a note to investors, Citi writes, "Florida's Division of State Group Insurance spoke on a public call to discuss its $260 million PBM contract. The...

CVS Caremark (NYSE: CVS) announced today that it has reached a settlement agreement with the U.S. Department of Justice, the Office of Inspector General of the Department of Health and Human Services, and a number of state Attorneys General to resolve a civil complaint concerning how its CVS/...

The world's largest electronics retailer by sales Best Buy Co. (BBY) plan to grow its online and mobile businesses while scaling back its “big box” retail space as part of a broader strategy to combat declining sales and rising competition. China's economy grew at a slightly slower rate in the...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 6 Health-Care Stocks for 2011: Fund Managers Health-care stocks barely budged last year as concern over new legislation and a widespread preference for growth stocks left them out of the broader equity-market...

It appears that CVS Caremark (NYSE: CVS) won't be CVS Caremark much longer, as the company looks like it's going forward with splitting the company in two. According to this article from Bloomberg, some shareholders think the company would be worth as much as $25 billion more if the company were...

Graymark Healthcare Inc. (NASDAQ: GRMH) realized a 107% year-over-year increase in patient resupply shipments in the first quarter of 2011. Resupply shipments were also up slightly sequentially, setting a record in what is typically the slowest quarter of the year. In the first quarter of 2011,...

Rite Aid Corp (NYSE: RAD) reported a Q4 loss at $0.24 per share, versus the expected loss of $0.24 per share. RAD reported its Q4 revenue at $6.5 billion, versus the consensus of $6.38 billion. RAD reported 0.9% rise in its Q4 same-store sales. RAD shares fell 0.93% to close at $1.06 yesterday....

Building deeper relationships with patients and plan sponsors were two overarching themes behind Walgreen's (NYSE: WAG) healthcare strategy. “High- touch” patient relationships can lead to improved adherence, driving better outcomes, lower payor costs, and potentially greater profitability for...

Rite Aid Guides FY 2012 Loss/Share Of ($0.42) Vs. ($0.64) Est. (NYSE: RAD)

Rite Aid Corporation (NYSE: RAD) today reported financial results for the fourth quarter. For the fourth quarter, the company reported revenues of $6.5 billion, a net loss of $205.7 million or $0.24 per diluted share and adjusted EBITDA of $215.4 million or 3.3 percent of revenues. Results were...

US stock futures are flat this morning, as investors are awaiting economic data and the European Central Bank (ECB) interest-rate meeting. Several retailers are also scheduled to report same-store sales. Futures for the Dow Jones Industrial Average lost 2 points to 12,355.00, while those for the S...

AZZ Incorporated (NYSE: AZZ) is expected to report its Q4 EPS at $0.73 on revenue of $107.29 million. Constellation Brands Inc (NYSE: STZ) is projected to post its Q4 earnings at $0.26 per share on revenue of $731.54 million. Rite Aid Corporation (NYSE: RAD) is estimated to post a Q4 loss at $0....

Some of the stocks that may grab investor focus today are: Bed Bath & Beyond Inc (NASDAQ: BBBY) reported its Q4 earnings at $283.5 million, or $1.12 per share, up from $226 million, or $0.86 per share, in the year-ago period. The company's sales increased around 12% to $2.50 billion. Sales at...

On CNBC's Fast Money, Tim Seymour said that investors should take profits in iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM), despite the good news. iShares MSCI Emerging Markets Indx (ETF) (EEM) gained 0.54% today, and closed at $50.04. Karen Finerman thinks that Financial Select Sector...

Cusick's Corner The market is now gearing up for earnings and a lot of readers are asking how can we strategize for these events. Strategically you can plan for these events based on your interpretation of volatility, and in options that is measured by Implied Volatility. This is confusing so I...