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2024-10-19


The Food Safety and Inspection Service, an agency of the USDA, has continually updated a list of the brands products impacted by BrucePac's ready-to-eat meat and poultry products.

The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.

CVS
WBA

2024-10-18


Retail pharmacies will never be obsolete, according to an analyst. But the industry needs to take a hard look at how many stores are needed and what items they should sell.

CVS
WBA

2024-10-15


As a fresh wave of earnings rolls in, hopes are for further positive surprises.

NVDA
WBA

As a fresh wave of earnings rolls in, hopes are for further positive surprises.

GS
BAC
WBA
XLE

Walgreens announced that it will close about 1,200 stores over the next three years, with 500 shuttering as early as next year. It's part of the company's turnaround effort.

Walgreens Boots Alliance said on Tuesday it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround at the struggling pharmacy chain operator hit by sluggish consumer spending and low drug reimbursement rates. Pharmacy chains are facing their most turbulent time in recent history as consumers avoid high-priced grocery items and pressures mount on payments they receive from drug middlemen for filling prescriptions. As a result, Walgreens' stock is trading near 30-year lows and down 65% this year, making it the worst performing stock on the S&P 500 index.

2024-09-24


Surging federal spending on health care programs like Medicare and Medicaid, as well as Obamacare, prompted Paragon's plan to curb spending by an estimated $2.1 trillion over 10 years.