Americans' Rx Drug Spending Shows Rare Drop in 2012 by The Associated Press May 9th 2013 10:50AM Spending on prescription medicines in the U.S. fell for the first time in decades last year, as cash-strapped consumers continued to cut back on use of health-care services.
Markets at Record Levels; More Bad News for J.C. Penney by DailyFinance Staff May 8th 2013 9:20AM The Dow Industrials closed yesterday above the 15,000 level for the first time. It's the Dow's 16th record this year. The S&P 500 also set another record.
Pfizer to Begin Online Sales of Viagra by The Associated Press May 6th 2013 7:45AM In a first for the drug industry, Pfizer says it will sell begin selling erectile dysfunction pill Viagra directly to patients on its website.
CVS Earnings Rise on Cold, Flu Season Sales by Reuters May 1st 2013 7:51AM CVS posted higher quarterly profit on Wednesday, as a more severe cold and flu season boosted sales and more new generic drugs hit the market.
BP, Beset by Lawsuits, Set to Jump on Strong Earnings by DailyFinance Staff Apr 30th 2013 9:00AM BP is set to jump after earnings blew past expectations. The company has also been hit by 2200 new lawsuits in recent weeks, as a deadline for new oil spill claims nears.
Pfizer 1Q Profit Rises, but Trims Full-Year Outlook by Reuters Apr 30th 2013 7:58AM Pfizer reported lower-than-expected quarterly earnings and revenue and the largest U.S. drugmaker trimmed its full-year profit outlook.
Top Executives Leaving JPMorgan, Avon by DailyFinance Staff Apr 29th 2013 9:00AM Another top executive is leaving JPMorgan Chase: one of two COOs will become the ninth exec to leave in the past year and a half. And Avon chairman Fred Hassan has resigned.
