Financial News

As of Jan. 1, the minimum wage has gone up in 23 states and Washington, D.C. The dollar amount varies and ranges between $9.95 and $15.74.

Albertsons has been granted a Jan. 17 review of the temporary restraining order against its previously announced $6.85-per-common-share special dividend.

The purpose of the program is to help reduce the capital of Ahold Delhaize by canceling all or part of the common shared acquired through the program, the organization shared.

Walgreens Boots Alliance’s ownership of AmerisourceBergen’s common stock decreased from approximately 20% to 17%.

According to final Adobe Analytics data, consumers spent a total of $11.3 billion on Cyber Monday, representing 5.8% growth year-over-year from $10.7 billion.

This order, which restrains the company from paying the Special Dividend, remains in effect until Nov. 10, 2022, unless within that time, an order is entered extending or dismissing the temporary restraining order.

Comparable store sales excluding gas increased 7.9% in Q3, with an acceleration in growth rates in both the United States and Europe to 8.2% and 7.4%, respectively.

The investment from 5th Century Partners will be used by the brand to help fund its ambitions, domestic and global expansions and new product innovations.

According to a survey by SimplicityDX, 80% of respondents plan to use social media to find holiday gifts this year, with 41% planning to use it for most or all of their holiday shopping.

Growth across all segments brought CVS Health’s Q3 revenues to $81.2 billion, an increase of 10% compared to the prior year period.

Doug Long discussed where we are with COVID-19, cough, cold and flu, and RSV, medical claims, telehealth, channels of trade, generics, biosimilars and opioids.

Several attorney generals sent a letter to the CEOs of Albertsons and Kroger demanding that Albertsons delay a $4 billion payout to stockholders.