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U.S. Pharmacies Are in Crisis. A Tale of One Troubled CVS Store.

A Barron’s exclusive shows how corporate decisions at CVS left a pharmacy staff in Virginia Beach reeling, causing costly mistakes.

Florida , United-states , Norfolk , Virginia , Virginia-beach , California , American , Catherine-cooke , Karen-lynch , Nancy-lewis , Victoria-ward , Jon-williams

Walgreens Boots Sells Cencora Shares for $992 Million

By Ben Glickman Walgreens Boots Alliance said it had sold shares in Cencora valued at nearly $1 billion. The pharmacy chain said late Wednesday it would use...

Ben-glickman , Walgreens , Walgreens-boots-alliance , Boots-alliance , Article-normal , Wholesalers , Retail-wholesale , Pharmacies-drugstores , Specialty-retailing , Pharmaceutical-wholesalers , Retail , Corporate-funding

PetMed Express Says Past Financials Marred by Sales Tax Liability Snafu

By Denny Jacob PetMed Express said on Thursday that certain past financial statements shouldn't be relied upon. The markets prescription and non-prescription...

Denny-jacob , Petmed-express , Med-express , Delray-beach , Financial-officer-christine-chambers , Article-normal , Retail-wholesale , Pharmacies-drugstores , Specialty-retailing , Retail , Government-finance , Government-budget-taxation

Ford, Snap, Fortinet, Enphase, Sonos, Alibaba, Disney, and More Market Movers

Ford posts better-than-expected fourth-quarter adjusted earnings and sales, Snap’s disappointing outlook sinks the stock, and Alibaba boosts its buyback...

Ford-motor , New-york-stock-exchange , York-stock-exchange , Federal-reserve , Article-normal , Biotechnology-services , Machinery , Metalworking-machinery , Computers-consumer-electronics , Software , Applications-software

CVS' stock slips after earnings beat by a wide margin but full-year outlook was cut due to higher medical costs

The healthcare-services and drugstore chain beat fourth-quarter profit expectations by a wide margin, but lowered its full-year outlook because of “elevated...

Health-corp , Article-normal , Pharmacy , Pharmaceuticals , Retail-wholesale , Pharmacies-drugstores , Specialty-retailing , Health-care , Retail , Financial-performance , Earnings

McKesson Profit Drops on Rite Aid's Bankruptcy Charge, Lifts FY Outlook

By Sabela Ojea McKesson said profit dropped in the latest quarter following a significant charge linked to Rite Aid, and raised its outlook for the fiscal...

Sabela-ojea , Mckesson , Rite-aid , Article-normal , Wholesalers , Retail-wholesale , Pharmacies-drugstores , Specialty-retailing , Pharmaceutical-wholesalers , Retail , Financial-performance , Earnings