Finance & Capital Management

Kroger reports strong Q2, reaffirms full-year 2023 guidance

Kroger’s sales were $33.9 billion in the second quarter, compared to $34.6 billion for the same period last year.
Amneal receives first product approval in China

Sevelamer carbonate was approved and is expected to launch shortly.
Kroger, Albertsons announce divestiture plan with C&S Wholesale Grocers

The divestiture transaction includes 413 stores, along with QFC, Mariano’s and Carrs banners.
C&S, SoftBank reportedly closing in on deal to purchase stores from Kroger, Albertsons

C&S could announce the deal to acquire most or all of the stores that Albertsons and Kroger are divesting for antitrust reasons as soon as this week, per a Bloomberg report.
Hikma launches generic Vyvanse

Lisdexamfetamine is indicated for the treatment of ADHD in adults and pediatric patients aged 6 years old and older and moderate to severe binge eating disorder in adults.
Kim Kardashian, Kylie Jenner reportedly eyeing to buy back stake in businesses from Coty

According to various reports, Kim Kardashian and Kylie Jenner are exploring buying back the stake in their respective businesses sold to Coty.
Walgreens Boots Alliance’s Rosalind Brewer steps down as CEO

Ginger Graham, current lead independent director, has been appointed interim CEO.
E.l.f. Beauty acquires Naturium

E.l.f. Beauty signed a definitive agreement to acquire skin care brand Naturium for $355 million in a combination of cash and stock.

Walgreens reportedly paying $44M to settle Theranos fraud claims