pharmacy

Shares of retail pharmacy Rite Aid Corporation (NYSE: RAD) gained 1.6% early Monday morning after naming digital shopping technology expert and health care industry veteran Heyward Donigan to its C-suite and board. What Happened Rite Aid said in early March that John Standley would tep down as...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) bought the online pharmacy company PillPack last year, and legacy pharmacy retailers may be unfairly fighting back, CNBC reported. PillPack offers a mail delivery service and offers consumers an alternative to traditional companies like CVS Health...

CVS Health Corp (NYSE: CVS) has a plan to be viewed less as a pharmacy chain and more like Amazon.com, Inc. (NASDAQ: AMZN) by selling annual memberships with free shipping. CVS has been testing a membership program called CarePass in Boston and the company is now ready to expand the initiative...

Walgreens Boots Alliance Inc (NASDAQ: WBA) on Thursday reported fiscal third-quarter results, which prompted Wells Fargo to reaffirm a bullish stance. The Analyst Wells Fargo's Peter Costa maintains an Outperform rating on Walgreens with a $65 price target. The Thesis Walgreens reported an...

The upward trajectory of prescription drug prices in the U.S. has drawn the ire of lawmakers. Prices of drugs are staggeringly high in the U.S. when compared to other developed countries such as Japan and in Europe. House lawmakers are discussing a plan that could work to curb high...

Are traditional retail pharmacies and insurance companies worried about Amazon.com, Inc. (NASDAQ: AMZN)'s push into their respective territories? Public comments from management teams brush off any concerns, but actions taking place behind the scenes may suggest otherwise, according to CNBC....

Dow Jones component and drugstore chain Walgreens Boots Alliance Inc (NASDAQ: WBA) said Tuesday it will only sell tobacco products to people over the age of 21 beginning Sept. 1. What Happened The legal age for purchasing tobacco products in the U.S. is 18, but Walgreens is setting its...

Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday reported fiscal second-quarter results that fell short of expectations in what management described as the "most difficult" quarter since late 2014. Here is a summary of how some of the Street's top analysts reacted to the print....

Diplomat Pharmacy Inc (NYSE: DPLO) on Friday reported its previously delayed fourth-quarter earnings miss and concerning guidance, which sent the stock tumbling nearly 14 percent. The Analysts Mizuho Securities' Ann Hynes maintains a Neutral rating on Diplomat Pharmacy with a price target...

Retail pharmacy chain Rite Aid Corporation (NYSE: RAD) announced a renewal of its contract Wednesday with pharmaceutical distributor McKesson Corporation (NYSE: MCK) through 2029. What Happened McKesson will continue sourcing and offering Rite Aid delivery of branded and generic drugs...

Amazon.com, Inc. (NASDAQ: AMZN) announced this week that it plans to open 3,000 Amazon Go stores over the next three years, with roughly 50 slated for 2019 openings.  The Analyst Morgan Stanley analyst Brian Nowak maintained an Overweight rating on Amazon with a $2,500 price target. The...

Fred's, Inc. (NASDAQ: FRED) shares — which never really recovered from a mid-2017 slump following the termination of Walgreens Boots Alliance Inc (NASDAQ: WBA)'s deal to buy Rite Aid Corporation (NYSE: RAD) — are trading up Monday.  The termination deprived Fred's of...

With a merger of CVS Health Corp. (NYSE: CVS) and Aetna Inc. (NYSE: AET) pending regulatory approval, Cantor Fitzgerald downgraded the health insurer on valuation.   The Analyst Cantor Fitzgerald analyst Steven Halper downgraded Aetna from Overweight to Neutral with a price...

Walgreens Boots Alliance Inc (NASDAQ: WBA), the newest member of the Dow Jones Industrial Average, is "poorly positioned" within the evolving retail pharmacy space, according to Cowen. The Analyst Charles Rhyee downgraded Walgreens Boots Alliance from Outperform to Market Perform with a...

Walmart Inc (NYSE: WMT) reportedly wants to acquire online pharmacy PillPack but could have one notable obstacle in its way: competition from Amazon.com, Inc. (NASDAQ: AMZN). The Analyst Bernstein health care services analyst Lance Wilkes. The Thesis PillPack is an online pharmacy...