Drug Retail

Shares of Time Warner Inc (NYSE: TWX) fell about 2.3% after the company reported better-than-expected adjusted profit for the first quarter on Wednesday. The company's quarterly profit dropped to $653 million, or $0.59 per share, from $725 million, or $0.62 per share, in the year-ago quarter. The...

Walgreens (NYSE: WAG) had April sales of $5.99 billion, an increase of 5.5 percent from $5.68 billion for the same month in 2010. Duane Reade stores, acquired in April 2010, contributed 0.7 percentage point to the total sales increase for the month. Total front-end sales increased 9.4 percent in...

Here's another trade that I just made in CVS Caremark (CVS) on top of the Apple (AAPL) trade that I made this morning at $348.73. CVS is positioning itself for a great breakout, assuming the the market cooperates in the coming days. If so, the stock could make a push for $38-39 without much...

Graymark Healthcare, Inc. (NASDAQ: GRMH), the nation's second largest provider of diagnostic sleep services and an innovator in comprehensive care for obstructive sleep apnea, entered into subscription agreements with insiders and existing accredited investors to sell $3 million of newly issued...

Gabelli & Company is out with its "Focus Five" in a research report published today. For this quarter, Gabelli & Company highlighted Ascent Media (NASDAQ: ASCMA), Coca-Cola Enterprises (NYSE: KO), CVS Caremark (NYSE: CVS), Navistar International (NYSE: NAV), and Yahoo! (NASDAQ: YHOO)....

Universal American Corp (NYSE: UAM) fell 60.43% to $9.14 at 10:05 am. UAM disclosed that it has consummated an Agreement and Plan of Merger as of December 30, 2010 with CVS Caremark Corporation (NYSE: CVS). YRC Worldwide Inc (NASDAQ: YRCW) shares moved down 21.21% to $1.56. YRCW has entered...

May 3, 2011: Archer Daniels Midland Company (NYSE:ADM) and Pfizer (NYSE:PFI) before the opening Bell, and after the close, Comcast (NASDAQ:CMCSA) reports. May 4, 2011: Kellogg (NYSE:K) reports before the opening Bell, and Whole Foods (NASDAQ:WFMI) reports after the close. May 5, 2011: CVS (NYSE:...

Rite Aid (NYSE: RAD) Get a few beers inside the average hockey fan and he or she will be more than willing to skid in socks across the freshly polished kitchen floor and hit an apple with a mop, screaming “GOAL” full voice. Said activity will more than likely result in a fall, and then a visit to...

The CVS Caremark Charitable Trust, the private foundation managed by CVS Caremark (NYSE: CVS), announced today a donation of $75,000 to the American Red Cross in support of relief efforts in Alabama for communities impacted by tornadoes earlier this week. In addition, CVS/pharmacy locations in...

Here is my list of top defensive plays going into April. If you're looking for some nice defensive stocks to go along with the rest of your long positions in the portfolio, then take a look at the list of stocks below that are more defensive than growth oriented. They are stocks that...

Standpoint Research Downgrades CVS Caremark (NYSE: CVS) from Buy to Hold.

CVS Caremark (NYSE: CVS) today announced it expects to complete the acquisition of the Medicare Part D business of Universal American on Friday, April 29, 2011. As previously announced, CVS Caremark will pay Universal American shareholders cash consideration of $1.25 billion plus the excess...

Rite Aid (NYSE: RAD) Reports Same-Store Sales Increase of 0.5%

Rite Aid Corporation (NYSE: RAD) today announced sales results for April. For the four weeks ended April 23, 2011, same store sales increased 0.5 percent over the prior-year period. April front-end same store sales decreased 0.4 percent while pharmacy same store sales, which included an...

Morgan Stanley came away from its visit to Rite Aid (NYSE: RAD) feeling encouraged by strong early adoption of the new Wellness Plus loyalty card and this year's commitment for 500 remodels as well as early efforts to boost front-end sales at underperforming stores. Morgan Stanley maintains its...