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Calls Purchased on CVS Caremark Corporation (CVS)
Wednesday, April 6, 2011 - 9:37am | 150Shares of CVS Caremark Corporation (NYSE: CVS) are higher on the session by 2.41%, currently trading at $35.84. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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JP Morgan Comments On Walgreen Company During "Walgreen's Week"
Wednesday, April 6, 2011 - 7:33am | 206Walgreens (NYSE: WAG) filled 695 million prescriptions in FY10, up 6.8% y/y, and equating to about 20% of the total retail prescriptions filled in the U.S. In 2002-2010, script volume grew at an 8.5% CAGR, far exceeding the overall market, despite no large acquisitions. Growth has generally...
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JP Morgan Gives Update On Walgreen Company After Walgreens Week Day 1
Tuesday, April 5, 2011 - 7:18am | 177Walgreen's (NYSE: WAG) healthcare businesses are included under the Walgreens Health Services umbrella. The company has generally pursued a “land and expand” strategy, where it may begin serving a customer with one component of their healthcare offering and look to add incremental pieces over time...
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Walgreen Pharmacy Sales 66.4% Of March Total Sales (WAG)
Tuesday, April 5, 2011 - 7:09am | 17Walgreen Pharmacy Sales 66.4% Of March Total Sales (NYSE: WAG)
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CORRECTION: Walgreen Same-Store Sales Up 3.7% (WAG)
Tuesday, April 5, 2011 - 7:03am | 15CORRECTION: Walgreen Same-Store Sales Up 3.7% (NYSE: WAG)
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Walgreen March Same-Store Sales Up 7.6% (WAG)
Tuesday, April 5, 2011 - 7:01am | 15Walgreen March Same-Store Sales Up 7.6% (NYSE: WAG)
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Walgreens March Sales Increase 7.6%
Tuesday, April 5, 2011 - 7:00am | 44Walgreens (NYSE: WAG) had March sales of $6.28 billion, an increase of 7.6 percent from $5.83 billion for the same month in 2010. Duane Reade stores, acquired in April 2010, contributed 2.8 percentage points to the total sales increase for the month.
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News Summary
Thursday, March 31, 2011 - 8:34am | 187Shares of Worthington Industries Inc (NYSE: WOR) gained about 1% after the company reported its Q3 earnings at $26.3 million, or $0.35 per share, versus a loss of $17.7 million, or $0.22 per share, in the year-earlier period. The company's sales increased to $569.4 million from $451.1 million....
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Rite Aid Reports 0.1 Percent Same Store Sales Decrease for March
Thursday, March 31, 2011 - 7:34am | 87Rite Aid Corporation (NYSE: RAD) today announced sales results for March. Monthly Sales For the four weeks ended March 26, 2011, same store sales decreased 0.1 percent over the prior-year period. Front end same stores sales decreased 1.8 percent, negatively impacted by a later Easter this year...
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Fast Money Pops & Drops, March 29th (APOL, UA, BP, MCP, WAG)
Tuesday, March 29, 2011 - 6:25pm | 264On CNBC's Fast Money Pops & Drops, Karen Finerman said that Apollo Group, Inc. (NASDAQ: APOL) disappointed on revenues and the company also reported a decline in student admissions. Apollo Group, Inc. (APOL) fell 4.25% today, and closed at $40.55. Under Armour, Inc. (NYSE: UA) jumped 4.93%...
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UPDATE: Credit Suisse Upgrades Walgreen Co. To Ouperform
Tuesday, March 29, 2011 - 8:57am | 141Credit Suisse is upgrading Walgreens (NYSE: WAG) to Outperform from Neutral. It believes the combination of a continued fundamental turnaround, strong accretion from the generic wave, and the sector's unique leverage to CPG inflation/insulation from higher gas prices make the stock a compelling...
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Rite Aid Pharmacists Can Now Vaccinate Patients 50 and Older Against Shingles After FDA Lowers Age Eligibility
Tuesday, March 29, 2011 - 8:49am | 56Rite Aid (NYSE: RAD) immunizing pharmacists at more than 2,100 stores can now vaccinate patients over the age of 50 against shingles. On March 24, the Food and Drug Administration (FDA) expanded the age eligibility for the shingles vaccine, Zostavax, which previously was only approved for patients...
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CVS Caremark Names Helena Foulkes EVP & Chief Health Care Strategy and Marketing Officer
Tuesday, March 29, 2011 - 8:33am | 77CVS Caremark (NYSE: CVS) today announced that it has named Helena B. Foulkes to the newly created position of Executive Vice President & Chief Health Care Strategy and Marketing Officer. In the new role Foulkes will bring together the Company's capabilities in enterprise branding,...
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Walgreen: Overreaction Creates Opportunity
Monday, March 28, 2011 - 1:51pm | 113Walgreen (WAG) a holding on our recommended buy list, reported a 10% increase in its fiscal second-quarter profit," notes Geoffrey Seiler. The editor of BullMarket.com explains, "Although investors hammered the stock, we think the company delivered solid sales growth. We continue to believe the...
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Graymark Healthcare Reports FY 2010 EPS of $(0.66)
Monday, March 28, 2011 - 7:08am | 96Graymark Healthcare, Inc. (Nasdaq: GRMH) reported financial results for the fiscal year ended December 31, 2010. Net revenues in 2010 increased 30% to $22.8 million from $17.6 million in 2009 (as adjusted for the discontinued operations of the company's retail pharmacy business). The annual...