Latest Pharmacy operators News

KB Home, Walt Disney fall; Rite Aid, Accenture rise

Jun. 25, 2020 4:14 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Rite Aid Corp., up $3.42 to $16.29. The drugstore chain reported a surge in first-quarter revenue and beat Wall Street's financial forecasts. Accenture Plc., up $15.48 to $217.32. The consulting company's third-quarter revenue...

FILE - This April 14, 2020, file photo shows the sign on a Rite Aid Pharmacy in Pittsburgh, Pa. Customers pumped up Rite Aid sales of sanitizers, wipes and liquor, helping the drugstore chain deliver a better-than-expected fiscal first-quarter performance. Company shares started climbing early Thursday, June 25, 2020, after Rite Aid said its loss shrank to $63.5 million from $99.7 million in the previous year’s quarter. The results topped analyst expectations.  (AP Photo/Gene J. Puskar, File)

Rite Aid 1Q loss shrinks, helped by pandemic-inspired sales

Jun. 25, 2020 11:57 AM EDT

Customers pumped up Rite Aid sales of sanitizers, wipes and liquor, helping the drugstore chain deliver a better-than-expected first-quarter performance. Company shares started climbing early Thursday after Rite Aid said its fiscal first-quarter loss shrank to $63.5 million from $99.7 million in the previous...

Commuters wearing protective face masks to help curb the spread of the new coronavirus line up to board a bus at a bus terminal in Beijing, Monday, June 22, 2020. A Beijing government spokesperson said the city has contained the momentum of a recent coronavirus outbreak that has infected a few hundreds of people, after the number of daily new cases fell to single digits. (AP Photo/Andy Wong)

The Latest: China reports 22 newly confirmed cases of virus

Jun. 22, 2020 9:31 PM EDT

BEIJING — China has reported 22 newly confirmed cases of coronavirus, including 13 in Beijing, a day after a city government spokesperson said containment measures had slowed the momentum of an outbreak in the capital that has infected more than 200 people. Another nine cases were brought by Chinese...

Members of Sri Lanka's St John's ambulance service spray disinfectants in a public school to prevent the spread of coronavirus in Colombo, Sri Lanka, Monday, June 22, 2020. (AP Photo/Eranga Jayawardena)

Asia Today: 4th-worst-hit India sees rural virus cases soar

Jun. 22, 2020 9:05 AM EDT

NEW DELHI (AP) — India’s coronavirus caseload has risen to 425,282 as infections soar in rural areas to which migrant workers fleeing major cities have returned in recent weeks. India’s health ministry on Monday reported 14,821 new cases and about 300 new deaths, bring the toll of fatalities...

FILE - This Friday, Jan. 26, 2018, file photo shows a sign at a CVS Pharmacy in Pittsburgh. Drugstore chains Walgreens and CVS Health say they will stop locking up beauty and hair care products aimed at black women and other women of color. (AP Photo/Gene J. Puskar, File)

Some stores end practice of locking up black beauty products

Jun. 11, 2020 7:40 PM EDT

NEW YORK (AP) — Drugstore chains Walgreens and CVS Health say they will stop locking up beauty and hair care products aimed at black women and other women of color, joining Walmart in ending a practice at some stores that has drawn the ire of customers. “We are currently ensuring multicultural hair...

West Virginia sues Rite-Aid, Walgreens over pain pill flood

Jun. 4, 2020 4:20 PM EDT

CHARLESTON, W.Va. (AP) — Rite-Aid and Walgreens failed to monitor and report suspicious orders of prescription painkillers in West Virginia while inundating their retail pharmacies with tens of millions of pills, according to a state lawsuit. The lawsuit filed by Attorney General Patrick Morrisey alleges...

Suits accuse retail chains of flooding Ohio with painkillers

May. 28, 2020 5:42 PM EDT

CLEVELAND (AP) — Five retail chains flooded two Ohio counties with tens of millions of prescription painkillers through their pharmacies while taking few if any steps to stop drugs from being illegally diverted, according to updated lawsuits unsealed in U.S. District Court in Cleveland. The counties are...

This undated photo provided by Nuro shows a package delivered to a Nuro vehicle. CVS Health said Thursday, May 28, 2020 it will partner with Silicon Valley robotics company Nuro on deliveries of medicines and other products to customers near a Houston-area store/ (Nathan Lindstrom/Nuro via AP)

CVS Health tests self-driving vehicle prescription delivery

May. 28, 2020 10:56 AM EDT

CVS Health will try delivering prescriptions with self-driving vehicles in a test that begins next month. The drugstore chain said Thursday that it will partner with the Silicon Valley robotics company Nuro to deliver medicines and other products to customers near a Houston-area store. A CVS spokesman said the...

Beyond Meat, Activision rise; Mattel, Electronic Arts fall

May. 6, 2020 4:43 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: The Walt Disney Co., down 18 cents to $100.88. The theme park and media giant reported a steep drop in fiscal second-quarter profit and suspended its dividend. Activision Blizzard Inc., up $4.34 to $72.87. The maker of Candy...

A customer waits for his medication behind a sheet of plastic installed to help curb the spread of the coronavirus at a CVS pharmacy store in Morton Grove, Ill., Tuesday, April 7, 2020. Customers and pharmacists are being separated by crates and plastic sheets during the Covid-19 pandemic. (AP Photo/Nam Y. Huh)

Rush to fill medicine cabinets ahead of outbreak fuels CVS

May. 6, 2020 11:19 AM EDT

A rush to fill medicine cabinets and pantries ahead of the rapidly spreading COVID-19 pandemic helped fuel a surging first-quarter profit for CVS Health. The outbreak also lifted the health care giant’s insurance business because patients delayed or cancelled some surgeries and used the system less. But...