TOM MURPHY

August 9, 2018 at 2:51 am

Merger cancellation pushes Rite Aid into uncertain future

Rite Aid shares plunged Thursday as the company headed into an uncertain future after calling off its merger with the grocer Albertsons. Analysts and retail...

• Business

August 8, 2018 at 4:54 am

CVS Health tops 2Q forecasts, downplays help from rebates

CVS Health detailed a better-than-expected second quarter Wednesday and then reassured investors that it doesn't depend heavily on much-criticized prescription drug rebates that regulators may...

• Business

August 7, 2018 at 3:39 am

Icahn warns Cigna investors on Express Scripts deal

Carl Icahn is urging Cigna shareholders to reject the health insurer's attempted multi-billion dollar takeover of Express Scripts, saying it's paying too much for a...

• Business

August 6, 2018 at 7:14 am

Rite Aid cuts fiscal 2019 forecast with buyout vote looming

Rite Aid is chopping its annual earnings forecast three days before its shareholders vote on whether to approve the sale of the company. Shares of...

• Business

August 2, 2018 at 3:57 am

Aetna easily exceeds 2Q expectations

Aetna easily topped second-quarter earnings expectations as another drop in benefit expenses and lower taxes helped the nation's third-largest health insurer. Net income inched up...

• Business

July 17, 2018 at 3:23 am

UnitedHealth posts big profit jump but sees room to improve

UnitedHealth Group easily topped profit expectations during the second-quarter and hiked its outlook for the third time this year, but company shares were punished Tuesday...

• Business

June 28, 2018 at 9:22 am

Walgreens tops 3Q forecasts, hikes dividend but stock sinks

Walgreens gave investors a better-than-expected third quarter, raised its dividend and detailed a big share buyback Thursday. None of this seemed to matter once markets...

• Business

June 20, 2018 at 7:01 am

Amazon, Buffett, JPMorgan pick Harvard professor Gawande to lead health firm

Amazon, JPMorgan Chase and Berkshire Hathaway are turning to well-known author and Harvard professor Dr. Atul Gawande to transform the health care they give their...

• Business

June 19, 2018 at 5:20 am

CVS Health will now deliver prescriptions to your home

CVS Health is making prescription deliveries nationwide to accommodate the heightened expectations of convenience from consumers

• Business

June 6, 2018 at 6:47 am

At athenahealth, the CEO is out and it may be up for sale

The co-founder and CEO of athenahealth is stepping down and the medical software company is exploring a potential sale. It is already weighing a buyout...

• Business