American Pharmacies, a member-owned independent pharmacy cooperative based in Texas, is taking on Humana and Walmart via the Centers for Medicare and Medicaid Services (CMS) for discriminating against some pharmacies in Humana’s new Medicare Part D prescription drug plan (PDP).
Japanese retail sales fell in March at the fastest annual pace since 1998 and could remain weak for some time as last month's earthquake, radiation leaks from a damaged nuclear reactor and fears of electricity shortages weigh on consumer sentiment.
RBC Capital Markets said Deckers Outdoor Corp.'s (NASDAQ: DECK) late start to spring may provide a lift to first quarter. The company is scheduled to report its first quarter earnings on April 28.
Jefferies & Co. reiterated its hold rating on shares of Motorola Solutions Inc (NYSE: MSI) ahead of first quarter earnings results, with a price target of $43.
Shares of Intuit Inc. (NASDAQ: INTU) touched a new life-time high of $56.27 on Wednesday. The company said it will commit to investing $37 million in products and services to promote high-growth entrepreneurship across the country in partnership with President Barack Obama’s Startup America campaign.
Jefferies & Co. said Research In Motion Ltd.'s (RIM) Blackberry Playbook sales are far exceeding Motorola's Xoom sales. The brokerage said its checks indicate first-day sales skewed toward pre-orders and the 32GB and 64GB models.
Power company AES Corp. (NYSE: AES) announced an agreement to acquire smaller rival DPL Inc. (NYSE: DPL) for $3.5 billion, or $30 a share, in cash. The deal is the latest in the wave of consolidation in the power industry, as companies seek to add customers to offset high regulatory barriers and aging power grids.
The Australian share market shrugged off negative sentiment in early trading on Monday, to close slightly higher as the big banks made up for softness in the resources sector. At the close, the benchmark S&P/ASX200 index had risen 9.8 points, or 0.2 per cent, to 4861.9 points, while the broader All Ordinaries index had gained 6.1 points, or 0.12 per cent, to 4945.4 points.
CVS Pharmacy Inc., the retail pharmacy division of CVS Caremark Corporation that operates more than 7,000 retail pharmacies in 41 states and the District of Columbia, has agreed to pay the United States and 10 states $17.5 million to resolve False Claims Act allegations, the Justice Department said.
Toys 'R Us will be selling the iPad 2 in 31 states and Puerto Rico starting on Sunday, in a limited roll-out to only some of its stores.
Research In Motion's new Playbook received mixed reviews ahead of launch on April 19.
Launching April 19, PlayBook is expected to stake its own ground in the Tablet market - after a modest start.
The interbank silver market [in Asia] is dysfunctional says one Hong Kong dealer's note. Liquidity is getting worse while the price action is getting more exaggerated as a result.
The 3.2-inch, 3.2-megapixel camera-equipped smartphone is designed to take advantage of AT&T's prepaid plan.
U.S. retail sales posted their smallest gain in nine months in March, as auto sales plunged and consumers felt the sting of higher gas prices.
U.S. retail sales rose modestly in March as auto sales plunged and consumers stretched to pay for pricey gasoline, but upward revisions to the prior months' data pointed to fairly solid first-quarter spending.
Sales at U.S. retailers rose slightly less than expected in March as rising gasoline prices pulled spending away from other segments and receipts from auto dealerships fell, a government report showed, pointing to slower consumer spending in the first quarter.
U.S. retail sales rose modestly in March as auto sales plunged and consumers stretched to pay for pricey gasoline.
Consumer prices in Britain slowed for the first time in eight months in March, dampening expectations over interest rate hike by the Bank of England in the near term.
The authorized biography of Apple CEO Steve Jobs is set to be published early next year.
While Microsoft's Bing struggles to equal Google in terms of search ads, Facebook is slowly catching up in the race.
Britain's top banks should shield their retail operations from riskier investment banking activities and hold more capital to protect taxpayers in the event of another financial crisis, a report said.