Finance & Capital Management

Lannett sells discontinued generics, inks private label deal for others

Lannett's deal call for another pharmaceutical company to purchase and distribute under a private label a limited number of certain other Lannett owned generic drug products.
U.S. Senators, industry orgs oppose proposed Kroger-Albertsons merger

U.S. Sen. Amy Klobuchar (D-Minn.) and U.S. Sen. Mike Lee (R-Utah) announced they will hold a hearing in November to examine the proposed merger.
Albertsons reports strong Q2 results

The retailer’s net income during the second quarter was $342.7 million compared to $295.2 million during the prior year.
U.S. Supreme Court rejects Novartis’ bid to prevent generic versions of Gilenya

Novartis had requested the justices suspend a lower court's ruling that lifted a ban on generic versions of Gilenya.
Walmart, Straight Talk Wireless join forces on prepaid wireless internet service

Straight Talk Home Internet will be available at nearly 2,000 Walmart stores across the country and online.
Kroger to acquire Albertsons for $24.6B

Albertsons companies shareholders are expected to receive total consideration valued at $34.10 per share.
Kroger reportedly in talks to combine with Albertsons

The companies may agree to a deal as soon as this week.
Walgreens Boots Alliance reports Q4, fiscal 2022 results

WBA's fourth quarter sales from continuing operations decreased 5.3% from the year-ago quarter to $32.4 billion, a decrease of 3.2% on a constant currency basis.

Walgreens eliminates task-based metrics for pharmacy staff