CVS Caremark Corporation (CVS) just reported that its third quarter profit rose 6.8 percent to $732.5 million.
The company is seeing a trend of consumers who are choosing to self-medicate when they are sick rather than spend money on doctor visits. Despite the potential drop in prescriptions, the bet is that consumers will be buying over-the-counter [...]
77.55% Tendered - Including Tenders Subject to Guaranteed Delivery
Extension To Allow Time for Delivery of Shares Tendered Pursuant
to Procedures for Guaranteed Delivery
I’m fond of saying "never underestimate the American consumer." Retail sales for February came in with a 0.2% rise, even though income fell 0.2%. Stocks look ready to sell off, but it’s not a response to retail sales. The indices have come a long way over the past two weeks,…
May Crude Oil could trade lower today because of the weaker Euro. This week it appears that crude oil has regained its lock-step relationship with the Euro.
Despite the possibility of a lower close today, crude oil is expected to close up for the fifth…
“When people are frightened, they cut their time horizon dramatically, … Even advisors will say to sell because they see portfolios crumble and they fear people will have nothing left. It’s really not rational, but it does happen.”
That’s what David Dreman wrote in his book Contrarian Investment Strategies. Now, almost…
IMCL has announced reaching a definitive agreement to be acquired by LLY for $70 per share in a cash tender offer transaction. An IMCL press release states the following[More...]
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