Content about Financial News

December 27, 2013

Drug maker Shire is extending the deadline for its offer to buy Exton, Pa.-based ViroPharma for $4.2 billion, Shire said Friday.

December 26, 2013

The philanthropic arm of supermarket operator Bi-Lo Holdings is donating more than $3 million to charities in the South, the company said.

December 26, 2013

Cosmetics maker Coty has entered a new joint venture that it said would expand its footprint in the United Arab Emirates.

December 26, 2013

Publix Super Markets has donated $25,000 to a local hunger-relief organization, the Florida-based supermarket chain said.

December 23, 2013

Ahold USA division Giant Food Stores has donated nearly $650,000 to local charities, the supermarket banner said.

December 23, 2013

The chief executive of Target is reaching out to consumers in the wake of the widespread hacking of credit and debit card data at Target stores that the company confirmed last week.

December 20, 2013

With the announcement of its first-quarter results, Walgreens continues to fire on all cylinders of its straight-three engine.

December 19, 2013

Bristol-Myers Squibb is selling its diabetes business to AstraZeneca for up to $4.3 billion as part of an effort to focus more on specialty drugs, the company said Thursday.

December 19, 2013

Endo announced Thursday that regulatory waiting periods in the United States and Canada related to its plans to acquire a Montreal-based drug maker have been terminated.

December 19, 2013

Meda has signed an agreement to acquire ZpearPoint AS, including global rights to its main product, EB24, an OTC line for treating dental erosion.

December 19, 2013

The purchase of as many as 10 Dominick's stores may be under consideration by independent grocery chains affiliated with the Centrella cooperative, Crain's Chicago Business reported Thursday, citing sources close to the deal.

December 19, 2013

Rite Aid appears to be transitioning from a turnaround phase to one in which it's looking more toward future opportunities, company executives suggested in a conference call Thursday morning when announcing the chain's third quarter 2014 results.

December 19, 2013

About 40 million credit and debit card accounts of Target customers were compromised between late November and the middle of this month, the mass merchandise retailer said Thursday.

December 18, 2013

Perrigo has finalized its acquisition of Elan Corp., Perrigo said Wednesday.

December 17, 2013

Three organizations will receive part of $1.3 million in funding that German drug maker Merck KGaA and the National Multiple Sclerosis Society are distributing for MS research.

December 16, 2013

Endo Health Solutions will acquire the maker of a patch used to treat migraines that received Food and Drug Administration approval at the beginning of this year.

December 16, 2013

Everett Labs has acquired Quinnova Pharmaceuticals from Amneal Enterprises, Everett said Monday.

December 16, 2013

Valeant Pharmaceuticals International will acquire Solta Medical for about $250 million, Valeant said Monday.

December 13, 2013

The Irish High Court has approved Perrigo's pending acquisition of Irish drug maker Elan, the companies said Friday.

December 12, 2013

Following reports in the media in Mexico and Chile of discussions between Alliance Boots and Grupo Casa Saba and its shareholders, Alliance Boots confirmed that it has stopped all discussions.

December 11, 2013

Costco Wholesale Corp. had sales of $24.47 billion in first quarter 2014, the club retailer said.

December 10, 2013

The hedge fund Elliott Management will attempt to block McKesson's offer to acquire the German pharmaceutical wholesaler Celesio because it “substantially undervalues” the company, according to a report in the New York Times published Tuesday.

December 9, 2013

Covidien will acquire a company that markets a swallowed capsule used in medical imaging for $860 million, the hospital equipment manufacturer said Sunday.

December 9, 2013

Institutional pharmacy PharMerica Corp. has acquired a minority stake in specialty pharmacy company Onco360, the two companies said Monday.

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