Drug Retail

Not much news on this Good Friday for our Market Update, so in the spirit of the holiday weekend we ask that you, our loyal readers, forgive our abridged version of the market update.  First in the news is the story that’s making everyone smile.  According to the Labor Department, the United States...

Today starts with some poor economic indicators, as construction spending is down for the month of March 0.3% more than the anticipated 1.0% decline.  February construction spending has also been adjusted, and it’s estimated spending declined 1.4%, which is 0.8% more than initially reported last...

Today starts with some poor economic indicators, as construction spending is down for the month of March 0.3% more than the anticipated 1.0% decline.  February construction spending has also been adjusted, and it’s estimated spending declined 1.4%, which is 0.8% more than initially reported last...

The stocks that could be in focus today are: Wall Street expects Jos A Banks Clothiers Inc (NASDAQ: JOSB) to record earnings for the latest quarter at $1.78 per share. JOSB will declare its results before the markets open. JOSB gained 5.67% in yesterday’s trading. CarMax Inc (NYSE: KMX) is...

Disappointingly, job figures released today from the ADP indicated that the economic recovery is as fragile as has been feared.  March showed a net loss of 23,000 jobs in the private sector.  February’s figures were also revised, and showed the month had a net loss of approximately 24,000 jobs (up...

Disappointingly, job figures released today from the ADP indicated that the economic recovery is as fragile as has been feared.  March showed a net loss of 23,000 jobs in the private sector.  February’s figures were also revised, and showed the month had a net loss of approximately 24,000 jobs (up...

U.S. stocks ended with modest gains Tuesday, with the blue-chip Dow average ending the day at fresh 18-month highs, as investors bought technology and industrial stocks even as confidence in Greece's ability to access credit markets showed signs of deterioration. Technology shares led the broader...

• Peabody Energy (NYSE:BTU) submitted a non-binding proposal to buy Australia's MacArthur's Coal for $3 billion. MacArthur's Coal rejected the bid, citing growing demand for coal • Rite Aid (NYSE:RAD) reported a fourth quarter loss of 24 cents a share, wider than the Zacks expectations of a 19...

Dollar General Corp. (NYSE: DG) reported today a fourth-quarter earnings of $87.2 million, or $0.26 per share, as compared to $81.9 million, or $0.26 per share, in the year-ago period. Sales rose 12% to $3.2 billion for the quarter. Analysts had expected DG to report earnings of $0.43 per share....

Rite Aid Corporation (RAD) is down almost 5% today with shares trading at $1.64. Rite Aid is set to announce 4th quarter earnings tomorrow before the market opens. Could today's stock drop be a sign of bad news to come tomorrow? Analysts are expecting Rite Aid (RAD) to report revenue of $6.49...

CVS Caremark (NYSE: CVS), the $99 billion company formed by the merger of CVS and Caremark in 2007, is under investigation for unfairly pushing consumers towards using CVS (CVS) products. An FTC probe is now being followed up by state-level investigation. CVS has denied having any knowledge...

• Walgreens (NYSE:WAG) posted fiscal second-quarter earnings of 70 cents, one cent below Zacks projections, on revenues of $16.99 billion, which was below Zacks projections of $17.23 billion • A. O. Smith (NYSE:AOS) said it sees first-quarter earnings of $0.95 to $1.00 a share • Piper Jaffray (NYSE...

Perrigo Company (NASDAQ: PRGO) Perrigo increased 3.52% to $52.93 in the pre-market session. The Perrigo Company announced that it has signed a definitive merger agreement to acquire PBM Holdings, Inc. (PBM), the store-brand infant formula manufacturer, for approximately $808 million in cash. The 52...