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GoodRx Strengthens Core Business With New Initiatives, Analyst Upgrades On Potential Opportunities
Thursday, May 23, 2024 - 12:38pm | 394RBC Capital Markets issued an upgrade for GoodRx Holdings Inc (NASDAQ:GDRX) shares. The analyst stated the Integrated Savings Program (ISP) and direct contracting (DC) initiatives, along with the expansion of its manufacturing solutions business, offered significant new growth opportunities and...
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Over 100 Pharmacies Line Up To Sell Medical Marijuana In Georgia According To New Rules
Friday, June 16, 2023 - 11:47am | 531Residents of Georgia will soon have more options for purchasing cannabis oil for treating chronic illnesses, reported the Capitol Beat. The Georgia State Board of Pharmacy has released a set of regulations under which independent pharmacies will sell cannabis oil to patients registered in the...
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Georgia Pharmacies To Sell Medical Marijuana? New Regulation Up For Discussion
Wednesday, May 31, 2023 - 11:20am | 329The Georgia Board of Pharmacy is set to discuss proposals under which independent pharmacies would be allowed to sell medical cannabis products, reported WABE. Cecil Cordle, a board member, said the move would allow Georgians living in areas where opening a cannabis dispensary is impossible to...
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Argus Cites Cardinal Health's Margin Improvements In Upgrade
Monday, April 2, 2018 - 1:52pm | 372Cardinal Health Inc (NYSE: CAH) showed an improvement in gross margin in its fiscal second-quarter earnings report, and investors should have confidence in the company's ability to drive even more expansion, according to Argus. The Analyst Argus' David Toung upgraded...
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Drug Stores Next On The Amazon Hit List?
Sunday, September 24, 2017 - 1:38pm | 510First it was bookstores, then general retail, then cloud computing and now groceries. Amazon.com, Inc. (NASDAQ: AMZN) has targeted industry after industry and left a trail of obsolete victims in its wake. Even investors who want nothing to do with Amazon have been forced to keep up with what the...
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Rite Aid's Q4 Sales Surge 24%, Bottom Line Beats
Thursday, April 7, 2016 - 9:15am | 322Rite Aid Corporation (NYSE: RAD) reported its fourth-quarter results early Thursday morning. The company said that it earned $0.07 per share on revenue of $8.3 billion. Analysts were expecting the company to earn $0.06 per share on revenue of $8.4 billion. Shares of Rite Aid were unchanged, as the...
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Walgreens Boots Dips 1% Following Q2 Results & 2016 Guidance Update
Tuesday, April 5, 2016 - 9:28am | 426Shares of Walgreens Boots Alliance Inc (NASDAQ: WBA) were trading lower by more than 1 percent early Tuesday morning after the company reported its second-quarter results. Walgreens Boots said that it earned $1.31 per share in the second quarter on revenue of $30.18 billion. Wall Street analysts...
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Brian Sozzi Wonders: Should CVS Health Scoop Up Divested Family Dollar/Dollar Tree Stores?
Friday, January 23, 2015 - 9:18am | 179The proposed merger between Dollar Tree, Inc. (NASDAQ: DLTR) and Family Dollar Stores, Inc. (NYSE: FDO) is one step closer to being finalized, but still requires regulatory approval. Dollar Tree is confident it will receive the green light from regulators if it were to proceed with...
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CVS Shrugs Off $2 Billion In Cigarette Sale Losses
Monday, August 11, 2014 - 8:25am | 481In February of this year, CVS Caremark Corp. (NYSE: CVS) made headlines –- and acclaim from anti-smoking activists –- when it announced the company would phase out the sale of cigarettes, cigars and chewing tobacco in more than 7,600 drugstores by October 2014. Investors worried the...
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Retailers And Weather: Who Survived The Brutal Start To 2014?
Wednesday, March 12, 2014 - 3:30pm | 1104The Johnson Redbook Retail Sales Index on March 4 concluded that national chain-store sales fell 1.3 percent in February from the comparable period in January. The 1.3 percent decrease was steeper than the one percent decline analysts were expecting. The index also showed that seasonally adjusted...