Skip to main content

Financial News

  • NCR Corp., SoloHealth sign three-year health kiosk maintenance contract

    DULUTH, Ga. — NCR Corp. is partnering with health kiosk maker SoloHealth to service interactive consumer healthcare kiosks at retailers as SoloHealth rolls them out around the country, the two companies said Tuesday.

    NCR's services group has signed a three-year contract with SoloHealth to provide on-site repairs after the units are installed in what the companies expect to be more than 2,500 retail locations by the middle of 2013.

  • Shoppers Drug Mart waives seniors' co-pays in Ontario, realizes 6% lift in prescriptions filled

    TORONTO – Waiving $2 co-pays in Ontario is a big piece of the reason behind a 6% lift in prescriptions dispensed for the third quarter through Oct. 6, Shoppers Drug Mart reported Tuesday afternoon. It's all part of a strategy to drive more seniors — and their prescriptions — into the store, executives told analysts. "We're seeing store gains across the country," noted Domenic Pilla, Shoppers president and CEO. "The incremental script count is above our initial expectations," he said.

  • Ballantyne Brands advances share of electronic cigarette market

    CHARLOTTE, N.C. – Ballantyne Brands, an electronic cigarette provider, on Monday announced the introduction of a new premium brand, NEO. The company also announced that it has acquired the Mistic brand of electronic cigarettes for an undisclosed amount, and has secured an investment partner to support its business for the long term.

  • Sandy expected to dent RAD's November comps, but not FY '13 earnings

    CAMP HILL, Pa. — All the Rite Aid stores affected by Hurricane Sandy have reopened except one, the company said Monday.

    The store that hasn't opened, in Lavallette, N.J., is on a barrier island and is closed due to restricted access to the island. In addition, three stores in New York and one in New Jersey have established temporary pharmacies while their front ends are under repair. The company closed 790 stores at the height of the storm.

  • Roundy's sales, profits fall in third quarter 2012

    MILWAUKEE — The continued softness of the economy weighed down on sales and profits at Roundy's during third quarter 2012, the Midwestern supermarket chain said Friday.

    The company reported sales of $973.6 million, a 0.3% decrease from third-quarter 2011, while profits were $8.8 million, down from $12.4 million last year. Roundy's operates 161 stores with 98 pharmacies under the Pick 'n Save, Rainbow, Copps, Metro Market and Mariano's banners in Wisconsin, Minnesota and Illinois.

  • Allscripts hints at possible acquisition

    CHICAGO — Electronic health record firm Allscripts may be looking at buyout offers from other companies, Allscripts CEO Glen Tullman said Thursday when the company announced its third-quarter 2012 earnings.

  • Perrigo chief: Store brands big driver behind OTC growth, prepping launch of Mucinex equivalent

    ALLEGAN. Mich. — Business for OTC store brands is expected to boom in the coming year, Perrigo chairman and CEO Joseph Papa told analysts discussing the private-label manufacturer's first-quarter results during a conference call Wednesday, even as the growth rate across the entire OTC category slows. "What we are seeing though, is the continued acceleration of store brand as being the reason why we're seeing the growth in our OTC category. For us to have a 9.4% growth in our OTC category, we think is a strong indication," Papa said. 

  • On solid 3Q, Kraft promises more innovation for key brands

    NORTHFIELD, Ill. – Kraft Foods Group on Wednesday announced that new product sales, increased advertising investment and improved productivity have contributed to profit gains for the quarter ended Sept. 30.

X
This ad will auto-close in 10 seconds