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Caremark Connections Draw Fire

Critics of the pharmacy benefit manager claim it's getting special treatment in Florida.

Medco Melts After Blue Cross Loss

The big pharmacy benefits outfit sees another big customer leave amid a government probe.

Vacation Over, Stocks Ride Surging Volume

Still, Wednesday's session packs a decidedly weaker wallop than Tuesday's bullish trounce.

Caremark Sags, AdvancePCS Soars on News of Union

Investors have a mixed reaction to more consolidation in the pharmacy benefits industry.

Stocks Close With Moderate Gains

Merger news and solid earnings forecasts set a positive tone.

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.