Late last Friday, Walgreen Co. (NYSE: WAG) issued a brief statement on the company’s dispute with Express Scripts Inc. (NASDAQ: ESRX): The parties have agreed to dismiss their respective claims, and no…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings for the Berkshire Hathaway empire. This cut off date is as of March 31,…
Warren Buffett hosted the Berkshire Hathaway Inc. (NYSE: BRK-A) over the weekend and this Monday morning he gave a long interview to CNBC. In the interview Mr. Buffett noted how he still…
The $29.1 billion merger between Express Scripts Inc. (NASDAQ: ESRX) and Medco Health Solutions Inc. has been cleared by the Federal Trade Commission (FTC) and the companies have announced that the completion…
Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. (Reuters) A…
Now that it’s $3.8 billion acquisition of Healthspring Inc. is completed, insurer Cigna Inc. (NYSE: CI) is looking at either a sale of its pharmacy-benefits division or the outsourcing of the division’s…
As recently as 2009, Netflix was the most beloved retailer on the Internet. By the end of 2011, following the failed separation of its streaming and DVD by mail service and sharp…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 30, 2011. These public stock holdings have been broken down into…
The US equity markets opened slightly higher this morning, but soon turned around and spent the rest of the morning lower before returning to about even by afternoon. Equities could close at…
CVS Caremark Corp. (NYSE: CVS) posted earnings this morning, and EPS rose to $0.81 for the fourth quarter, up from $0.75 a year ago. Analysts had been expecting EPS of $0.89. Revenue…
TPG may invest $1 billion in troubled Olympus. (Reuters) President Obama to ask for a $1.2 trillion increase in the national debt ceiling. (Reuters) China’s foreign currency reserves drop to $3.18 trillion,…
Pharmacy services company CVS Caremark Corp. (NYSE: CVS) will pay $160 million for the Medicare prescription drug business of Health Net Inc. (NYSE: HNT). The plan currently claims 400,000 subscribers. The acquisition…
US equity markets opened sharply higher this morning and have been able to sustain and even add to those gains throughout the day. Business and consumer confidence indexes in Europe were higher,…
Several lists of the highest paid CEOs in America are published each year mostly by the business media and shareholder groups. All are based on proxy statements. Long before the lists are…
When it comes to executive pay, the amounts paid to today’s highest paid CEOs equals the GDP of a small emerging nation. The ten most highly compensated CEOs according to a recent…
