Drug Retail

CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved a quarterly dividend of $0.0875 (8.75 cents) per share on the Common Stock of the Corporation, payable November 2, 2010 to holders of record on October 22, 2010.

Cusick's Corner Every dip is being met with a bid at this stage. Even though this market is at resistance and in some cases at an overbought stage, do not let that fool you into thinking that it cannot continue. The afternoon action could be interesting – this bid may squeeze the shorts and...

It appears that an institutional options trader  has placed a limited-bullish bet on shares of Walgreen Company (NYSE: WAG) today. The trading weapon of choice is front-month, out-of-the-money puts. The October 27 put has seen 35,000 contracts change hands today, compared to open interest of just...

For Immediate Release Chicago, IL – September 15, 2010 – Zacks.com Analyst Blog features: Kroger's (KR), Walgreen's (WAG), Best Buy (BBY), Home Depot (HD), and The Gap (GPS). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?...

For Immediate Release Chicago, IL – September 15, 2010 – Zacks.com Analyst Blog features: Catalyst Health Solutions Inc. (CHSI), Jefferies Group Inc. (JEF), CVS Caremark Corporation (CVS), Medco Health Solutions Inc. (MHS), and Express Scripts Inc. (ESRX). Get the most recent insight from Zacks...

Expanding its pharmacy benefit management (PBM) solutions, on Monday, Catalyst Health Solutions Inc. (CHSI) announced the purchase of all the PBM units of Independence Blue Cross (IBC) − FutureScripts LLC and FutureScripts Secure LLC − for an all cash transaction of $225 million. Both the entities...

Retail Sales were better than expected in August. Total retail sales rose 0.4%, a tick better than the 0.3% consensus expectation, and are up 3.6% from a year ago. However, July was revised down from 0.4% growth to 0.3% growth, which makes the overall level of retail sales about where the consensus...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alere Inc (ALR) Alterra Capital Holdings Ltd (ALTE) BJ's Wholesale Club, Inc (BJ) Brown Shoe Company, Inc (BWS) China Nepstar Chain Drugstore Ltd (NPD) View the entire Zacks #5 Rank List.    ALERE INC (ALR): Free Stock...

Rite Aid Corp. (RAD), one of the nation’s leading drugstore chains, reported lackluster same-store sales (comps) results down 1.0% in August 2010 from July. Rite Aid’s same-store sales continue to move in the wrong direction, with August 2010 marking the 15th consecutive month of negative comps....

US Airline stocks started the day on a positive note, after the encouraging economic report. The top gainers in the list were Delta Air Lines (NYSE: DAL) and US Airways (NYSE: LCC). The NYSE Arca Airline Index (XAL) gained about 1.93%. Shares of Walgreen Co (NYSE: WAG) gained after the company...

Omnicare, Inc. (NYSE: OCR) and Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) today announced a transaction in which Omnicare will acquire substantially all of the assets of Walgreens long-term care pharmacy business. In exchange, Walgreens will acquire substantially all of the assets of Omnicare’s home...

Walgreens (NYSE: WAG) (NASDAQ: WAG) had August sales of $5.66 billion, an increase of 8.6 percent from $5.22 billion for the same month in 2009. Duane Reade stores, acquired in April 2010, contributed 2.8 percentage points to the total sales increase for the month. Sales in comparable stores (...

Walgreen (WAG), one of the largest retail pharmacies in the US, entered into an agreement with Graymark Healthcare (GRMH) to acquire the latter’s retail pharmacy business, 18 ApothecaryRx pharmacies of 5 states – Colorado, Oklahoma, Minnesota, Missouri and Illinois. The transaction is expected to...