Content about Financial economics

September 11, 2012
Walgreens announces pricing of senior notes

Walgreens on Monday announced that it has priced an underwritten public offering of senior notes.

September 7, 2012
Shoppers Drug Mart, RBC extend alliance with new Shoppers Optimum MasterCard

Royal Bank of Canada and Canadian pharmacy retailer Shoppers Drug Mart have introduced a new cobranded RBC Shoppers Optimum MasterCard.

September 6, 2012
Safeway outlines three future growth platforms: Wellness, loyalty and fuel

Safeway will package $150 million in real healthcare savings into an overall wellness strategy to be implemented over the course of 2013, the grocer's chairman and CEO Steve Burd told analysts Thursday morning at the Goldman Sachs 19th Annual Global Retailing Conference.

August 15, 2012
Physicians Formula to be acquired by private equity firm

Beauty company Physicians Formula is being acquired by private equity firm Swander Pace Capital for $4.25 per share in cash, or approximately $65 million.

June 29, 2012
Coty eyes up to $700M in IPO

Coty has filed to raise as much as $700 million in an initial public offering.

May 30, 2012
Reports: Insurers shifting greater share of specialty drug costs to patients

Some health insurers are requiring patients to pay larger sums for specialty drugs, according to published reports.

March 27, 2012
Supreme Court hears arguments on constitutionality of individual mandate

The Supreme Court on Tuesday morning heard arguments on whether the individual mandate portion of the Patient Protection and Affordable Care Act is constitutional.

March 19, 2012
Safeway's board OKs quarterly dividend, increase for stock repurchase authorization

Safeway announced that its board of directors Friday declared a regular quarterly cash dividend of 14.5 cents per share.

March 19, 2012
WAG-RAD merger possible, but not likely

A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site. But for all the buzz that Credit Suisse analyst Edward Kelly created with his report, a Walgreens-Rite Aid merger appears pretty unlikely on closer inspection.

February 16, 2012
Fred's announces increases in cash dividend, share repurchase program

Fred's on Thursday announced an increase in the company's quarterly cash dividend by 20% to 6 cents per share, and an increase in the company's stock repurchase program to an additional 3.6 million shares, or 10% of the currently outstanding shares.

January 23, 2012
Four-legged family members can reap Rx benefits at Houston-area Kroger stores

Pet medications now are available at all Kroger pharmacies in the Houston area, the company said.

January 17, 2012
Too Faced announces partnership with private equity firm

Beauty brand Too Faced Cosmetics has announced a new investment partner, Weston Presidio.

December 15, 2011
Kroger merges four pension funds

Kroger on Thursday announced that four of the UFCW/multi-employer pension funds to which the company contributes will merge into a new fund, effective Jan. 1. This new arrangement is expected to reduce Kroger's annual pension contribution expense and will secure the pension benefits of more than 65,000 Kroger associates.

November 11, 2011
Valeant names CFO

A former Goldman Sachs executive will join Valeant Pharmaceuticals as EVP and CFO.

November 1, 2011
Implus acquired by Trilantic Capital; foot care co. poised for growth

Trilantic Capital Partners, a global private equity firm, on Tuesday announced that it has partnered with management to acquire Implus, a leader in the footwear, outdoor and fitness accessories markets.

November 1, 2011
NCPA: Independent pharmacy can benefit health insurance exchanges

The National Community Pharmacists Association on Monday touted the benefits community pharmacies can provide for health insurance exchanges once those exchange open in 2014 in a letter addressed to the Department of Health and Human Services.

October 7, 2011
Clorox CFO retires

Clorox announced that EVP and CFO Dan Heinrich, who has served as financial chief of the company since 2003, will retire Nov. 16.

August 30, 2011
Sagent names new CFO

Jonathon Singer has been appointed CFO of Sagent Pharmaceuticals, the generic drug maker said.

August 9, 2011
Report: Walgreens to offer private health insurance plans this fall

Walgreens is planning to sell health insurance as soon as this fall, CNNMoney reported Tuesday morning.

June 27, 2011
Ingles Markets declares quarterly cash dividend

Ingles Markets' board of directors declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock.

June 17, 2011
Leonard Green, CVC team up for BJ's buyout bid

Leonard Green & Partners and CVC Capital Partners said Friday they are making a joint buyout bid worth an undisclosed amount for BJ's Wholesale Club.

June 14, 2011
Poll: Most Americans believe oral contraceptive costs should be covered by insurance

Many American consumers are in favor of oral contraceptive coverage by both private and government-subsidized health insurance plans, according to a Thomson Reuters-National Press Radio Health Poll released Friday.

June 10, 2011
Ackman buys 8.9% stake in Family Dollar

Activist investor Bill Ackman, and his Pershing Square Capital Management investment fund, has become the largest owner of Family Dollar stock, according to a regulatory filing.

April 28, 2011
Costco increases dividend, announces share buyback

Wholesaler Costco on Tuesday said its board of directors has approved a $4 billion share buyback program. The company also raised its quarterly dividend by 17% to 24 cents, up from 20.5 cents.

April 12, 2011
Rite Aid commences fundraising for Children's Miracle Network

Rite Aid is hoping to raise $5 million to benefit the Children's Miracle Network Hospitals as it kicks off its 17th annual fundraising campaign for the nonprofit organization.

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