NEW YORK (AP) — U.S. stocks are slightly higher Thursday as gains for technology companies and banks help the market recover some of its recent losses. Amazon said it's buying an online pharmacy and launching its own delivery van business, and drugstores and medication distributors as well as delivery companies are sinking. U.S. crude oil is at its highest price since late 2014. A day ago, stocks closed at their lowest level in about a month.

2. CVS Health Will Now Deliver Prescriptions to Your Home - Wednesday, June 20, 2018

CVS Health will make prescription deliveries nationwide to accommodate the heightened expectations of convenience from consumers.

The nation's second-largest drugstore chain says it also will make home deliveries of other items, like allergy medicines, vitamins or household products. The service will cost $4.99 for deliveries made in one or two days.

3. Fred's Prepares to Sell Retail Pharmacy Business - Friday, June 15, 2018

Memphis-based Fred’s Inc. wants to sell its retail pharmacies, which would effectively reverse much, if not all, of its efforts to shed its discount-store identity in a transition to personal health care. Fred’s has hired an adviser to talk with potential buyers of its retail pharmacy business, company leaders announced Thursday, June 14, as it reported quarterly financial results to analysts.

4. Fred’s Completes Sale Of Specialty Pharmacy Unit - Saturday, June 9, 2018

Memphis-based Fred’s Inc. has completed the sale of its specialty pharmacy unit, EntrustRx, to CVS Health Corp.

5. Fred’s Completes Sale Of Specialty Pharmacy Unit - Wednesday, June 6, 2018

Memphis-based Fred’s Inc. has completed the sale of its specialty pharmacy unit, EntrustRx, to CVS Health Corp.

6. Need an Entry-Level Job at a Store? It Can Be Harder Now - Friday, June 1, 2018

NEW YORK (AP) – Asia Thomas knew she was at a disadvantage. It had been 16 years since she quit a job at McDonald's to raise her kids. When she left, restaurants didn't have kiosks to take orders, people didn't use smartphones to pay, and job seekers did applications on paper.

7. No Easy Path Forward for Fred’s - Tuesday, May 8, 2018

Memphis-based discount retailer Fred’s Inc. operates 584 company-owned stores that each stock more than 14,000 items and saw average sales of more than $3 million in 2017.

That’s one picture of the company, laid out in Fred’s just-released annual report. Another picture, though, can be found in Fred’s dismal financial performance of late – and in the fact that Wall Street has basically lost faith in the company’s prospects, which led to the price of Fred’s shares sinking 60 percent since January.

8. FTC Frowns on Bogus Product Claims - Thursday, May 3, 2018

Parents want to see their kids do better in school. Seniors want to avoid or delay the cognitive decline that often accompanies aging. People who are overweight or suffering from a serious disease hope to find a miracle treatment.

9. Insurers Look to Pass Drug Price Breaks Straight to Consumer - Thursday, April 12, 2018

Some major health insurers plan to take a little sting out of prescription drug prices by giving customers rebates at the pharmacy counter.

Aetna and UnitedHealthcare both say they will begin passing rebates they get from drugmakers along to some customers starting next year. They could spark a trend: The idea has been championed by President Donald Trump, and it's something other bill-payers like major employers might consider.

10. CVS Health Eyes Kidney Patients for Next Expansion Into Care - Thursday, April 5, 2018

WOONSOCKET, R.I. (AP) – CVS Health is now planning to treat kidney failure patients, as the national drugstore chain continues to branch deeper into monitoring and providing care.

The company said Wednesday it will offer home dialysis for patients through its Coram business, and it is working with another unspecified company to develop a new device for that. A CVS spokeswoman declined to name the company or disclose how much CVS is spending on the venture.

11. Local Experts To Tackle Health Care Changes - Thursday, April 5, 2018

Eight years after the enactment of the Affordable Care Act, health care can still spark contentious debates around the country, though there are nevertheless a few things people can agree on.

Costs keep going up. Insurers have continued to pull out of the individual ACA marketplace, leaving that market segment volatile and uncertain. And there’s still no widespread consensus on how to plug the gaps that still exist in the country’s health care system.

12. Walmart Reportedly Eyes Deal With Insurer Humana - Monday, April 2, 2018

Walmart may be looking to dive deeper into the rapidly evolving health care market by acquiring the insurer Humana, according to The Wall Street Journal.

The newspaper said that the retail giant is in early talks with Humana, a major provider of Medicare Advantage coverage for people age 65 and older. Citing anonymous sources, the Journal said late Thursday that the companies are discussing a number of options, including an acquisition.

13. Insurers Get Into Care, But is it Good for Your Health? - Monday, March 12, 2018

In the not-too-distant future, your health insurance, your prescription drugs and some of your treatment may come from the same company.

Insurers are dropping billions of dollars on acquisitions and expansions in order to get more involved in customer health. They say this push can help cut costs and improve care, in part by keeping the sickest patients healthy and out of expensive hospitals.

14. Health Insurer Cigna Buying Express Scripts for $52 Billion - Friday, March 9, 2018

Health insurer Cigna is buying the nation's biggest pharmacy benefit manager, Express Scripts, the latest in a string of proposed tie-ups as health care's bill payers attempt to get a grip on rising costs.

15. Grocer Albertsons Eyes Rite Aid Deal in Health Care Push - Wednesday, February 21, 2018

The owner of Safeway and other grocery brands is buying the drugstore chain Rite Aid as retailers continue to plunge deeper into health care and adjust to swiftly changing shopping habits.

Albertsons Companies executives said Tuesday that their purchase of Rite Aid's more than 2,500 remaining stores will help the combined company become a "leader in food, health and wellness."

16. CVS Health Eyes Data, Wage Boosts With $1.5B Tax Benefit - Friday, February 9, 2018

CVS Health's fourth-quarter earnings nearly doubled, fueled by a $1.5 billion tax benefit that will help the drugstore chain expand its growing role in customer care.

The company said Thursday that it will use the break it gets from the recently completed federal tax overhaul to raise starting pay for its hourly workers and pare debt ahead of its planned, $69 billion acquisition of the insurer Aetna.

17. Insurer Humana Pushes Deeper Into Delivery of Health Care - Wednesday, December 20, 2017

Humana will buy part of Kindred Healthcare's home health business, the latest example of a health insurer growing more involved in the delivery of care on top of handling the bills for it.

The insurer said Tuesday it will pay about $800 million in cash for a 40-percent stake in the business, which includes hospice care and serves about 130,000 patients daily. The remaining stake will be purchased by the private equity firms TPG Capital and Welsh, Carson, Anderson & Stowe.

18. UnitedHealth Ventures Deeper Into Care With Nearly $5B Deal - Thursday, December 7, 2017

The nation's biggest health insurer is spending nearly $5 billion to buy hundreds of clinics, just three days after rival Aetna announced a bigger tie up with CVS Health Corp.

19. Last Word: Visions of Black Helicopters, 'Extreme Body Rot' and Mall Nostalgia - Tuesday, December 5, 2017

A happy council day at City Hall to you and yours. I know this is probably a new and foreign tradition to most of you – the twice a month Memphis City Council meetings every other Tuesday. Or maybe you just don't think of the sessions in that way. This time of the year can be pretty mellow – a lull before what is really the biggest season at City Hall – budget season in the spring. But the council will be pretty busy Tuesday.

20. Q&A: $69B Aetna Bid Pushes CVS Deeper Into Consumers' Lives - Tuesday, December 5, 2017

A drugstore chain that used to hawk cigarettes behind the front counter now wants to offer nutrition advice and work with your doctor to keep you healthy.

CVS Health says it wants to use its roughly $69 billion acquisition of the insurer Aetna to dive deeper into managing customer health, with its nearly 10,000 stores becoming "front doors" for care. The companies plan to expand the health services offered through CVS locations and get more involved in helping patients stay on their medicines or manage their chronic conditions.

21. Memphis Professionals React to CVS-Aetna Deal - Tuesday, December 5, 2017

News coverage in the immediate aftermath of the announcement that drugstore giant CVS Health plans to buy health insurer Aetna for $69 billion focused on how it will change the country’s health care industry in a significant way. But much is still unclear.

22. Luttrell Says Administration Will Intervene in Commission's Opioid Litigation - Wednesday, November 15, 2017

Shelby County Chancellor Jim Kyle left no doubt in his ruling Tuesday, Nov. 14, about who was correct between county mayor Mark Luttrell and the county commission over opioid abuse litigation in Circuit Court.

23. Opioid Lawsuit Filed as County Dispute on Legal Action Goes to Court - Wednesday, November 15, 2017

UPDATE: Shelby County Chancellor Jim Kyle ruled Tuesday, Nov. 14, that the Shelby County Commission overstepped its role and powers within county government when the commission hired a law firm and had its own attorney file a lawsuit in Circuit Court against pharmaceutical companies over opioid abuse.

24. CVS Bulks Up Delivery Service; Tops 3Q Earnings Expectations - Tuesday, November 7, 2017

CVS Health is cranking up prescription deliveries to customer homes or workplaces, as the drugstore chain tries to squeeze more of an edge from a massive store network that puts 70 percent of the U.S. population within three miles of one of its locations.

25. Express Scripts to Limit Opioids; Doctors Concerned - Thursday, August 17, 2017

ST. LOUIS (AP) – The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of Americans.

26. Fred’s Brings on New Board Members - Thursday, March 16, 2017

Change continues to be the operative word at Memphis-based retailer Fred’s Inc., which has made some key additions to its board in recent days as the company continues pursuing a major turnaround that includes completing its acquisition of 865 Rite Aid stores.

27. Company Announces Pause for Drug After Price Criticism - Wednesday, February 15, 2017

WASHINGTON (AP) – Marathon Pharmaceuticals announced Monday that it will temporarily halt the rollout of a drug to treat genetic muscle deterioration just hours after two members of Congress expressed outrage that the company planned to charge $89,000 a year for a drug that's widely available abroad for about $1,000 a year.

28. St. Jude Expansion Looks East of Campus - Thursday, January 19, 2017

The city’s plan for the Pinch District between the Pyramid and St. Jude Children’s Research Hospital isn’t the only reason the city will seek expanded uses of the Tourism Development Zone and an expansion of a Tax Increment Financing district.

29. New Details of St. Jude Expansion Look to Medical Corridors To The East - Wednesday, January 18, 2017

The city’s plans for the Pinch District between the Pyramid and St. Jude Children’s Research Hospital are only half of the plan the city will seek expanded uses of the Tourism Development Zone and an expansion of a Tax Increment Financing district for.

30. New Details of St. Jude Expansion Look to Medical Corridors To The East - Wednesday, January 18, 2017

The city’s plans for the Pinch District between the Pyramid and St. Jude Children’s Research Hospital are only half of the plan the city will seek expanded uses of the Tourism Development Zone and an expansion of a Tax Increment Financing district for.

31. Analyst: Rite Aid Buy ‘Good Deal’ for Fred’s - Thursday, December 22, 2016

Memphis-based Fred’s Inc. got a “really good deal” on the 865 Rite Aid stores it’s agreed to buy for $950 million in a deal that takes the company beyond its core market and marks a significant new chapter in its story.

32. $950M Deal Would Make Fred's No. 3 Nationwide - Tuesday, December 20, 2016

Memphis-based Fred’s Inc. has agreed to buy 865 Rite Aid stores from Walgreens Boots Alliance Inc. and Rite Aid Corp. for $950 million, which will make Fred's the third-largest drugstore chain nationwide.

33. Analyst: Fred’s May Be in Talks To Sell - Thursday, December 15, 2016

Memphis-based pharmacy operator and retailer fred’s Inc. was still keeping quiet at press time about the “pending transaction” that led the company to take the unusual step of declining to allow questions from analysts following its earnings presentation Dec. 8.

34. CVS Health's 3Q Profit Jumps, But Revenue Disappoints - Wednesday, November 9, 2016

CVS Health Corp. missed Wall Street's revenue expectations in the third quarter, despite sales jumping due to acquisitions. The company trimmed its profit forecast for this year, triggering a stock selloff.

35. CVS Health Corp. to Cut 600 Employees in Corporate Offices - Friday, November 4, 2016

WOONSOCKET, R.I. (AP) – CVS Health has announced that it is letting go of about 600 employees as it streamlines operations.

The layoffs this month and next mostly affect corporate offices in three states. The Woonsocket, Rhode Island-based company employs more than 240,000 people nationwide.

36. Unhappy Target Customers Send Strong Message on Pill Bottles - Wednesday, September 28, 2016

Longtime customers of Target's pharmacies are finding a change in pill bottle design hard to swallow.

After CVS began operating Target's drugstores earlier this year, distraught customers have been asking – in some cases begging – the drugstore chain to bring back the retailer's red prescription bottles, which came with color-coded rings, labeling on the top and prescription information that was easier to read.

37. Fred’s Undergoing Changes After Disappointing Financial Results - Wednesday, September 14, 2016

The second quarter has not been kind to retail stocks. Among almost 90 percent of retail companies that reported second-quarter earnings as of Aug. 24, just 3.9 percent surpassed estimates, according to Zacks Investment Research, and barely 4 percent posted higher year-over-year revenue.

38. As US Puts Breaks on Megadeals, Walgreens Prepares to Unload - Friday, September 9, 2016

Walgreens believes that it will probably have to unload more stores than expected to ease antitrust concerns over its pending, $9.41 billion acquisition of Rite Aid, a deal that would make the nation's largest drugstore chain even larger.

39. Fred’s Names New CEO, Reports Q2 Net Loss - Saturday, September 3, 2016

Memphis-based discount retailer Fred’s Inc. has named Mike Bloom its new chief executive officer.

40. Fred's Names New CEO, Reports Disappointing Q2 Results - Wednesday, August 31, 2016

Memphis-based discount retailer Fred’s Inc. has named Mike Bloom its new chief executive officer.

41. Snapshot: How Memphis-Based Public Companies are Faring - Saturday, May 28, 2016

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

42. Fred’s Set for Rebound in 2016 - Monday, March 28, 2016

Twenty-four years ago this month, Memphis-based discount retailer Fred’s Inc. went public.Today, for a variety of reasons that include Fred’s ongoing shot at a turnaround, the company finds itself in a period of unprecedented change.

43. D1 Sports Training Facility Sells for $4.1 Million - Tuesday, November 17, 2015

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

44. Collierville Pharmacy Boasts Long List of Accreditations - Tuesday, July 7, 2015

Collierville-based Benevere Pharmacy is a privately owned specialty pharmacy that now boasts an uncommonly extensive set of independent accreditations most chain drug stores can’t match.

The pharmacy, which serves patients, prescribers, health care organizations, payers and pharmaceutical manufacturers, has recently been approved for specialty pharmacy accreditation by URAC. That’s a leading nonprofit that accredits health care organizations in addition to focusing on education and measurement programs.

45. CVS Health Launches Health, Beauty Makeover for Drugstores - Thursday, June 18, 2015

CVS drugstores that quit tobacco sales last year are now getting health and beauty makeovers and a shot of ethnic diversity in some cases to attract customers who want more than a prescription refill.

46. Target Selling Pharmacy, Clinic Businesses to CVS Health - Tuesday, June 16, 2015

Target will sell its pharmacy and clinic businesses to CVS Health in the latest twist behind a push from big retailers to become all things to all customers.

The nation's second-largest drugstore chain will pay about $1.9 billion to run Target's in-store health operations and expand what they offer for customers who have come to expect that they will be able to fill a prescription when they shop at Target.

47. Small-Town Shift - Saturday, May 30, 2015

Fred’s Inc. CEO Jerry A. Shore has been thinking bigger and smaller simultaneously.

“One of my key strategies after being named CEO was to upgrade talent,” said Shore, who had been the company’s CFO for more than 14 years before changing corporate hats a few months ago.

48. Flurry of Fred’s News Includes Fourth-Quarter Loss - Thursday, March 26, 2015

Fred’s Inc. reported a fourth-quarter loss Thursday, March 26, the day after announcing a major acquisition to its pharmacy network as well as the addition of several new executives.

Fred's Inc. booked an $8.2 million loss in the quarter ended Jan. 31 as a rise in expenses countered a small sales gain.

49. Rite Aid to Pay $2B for EnvisionRx - Saturday, February 14, 2015

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a planned, $2 billion purchase of EnvisionRx.

The company said it will pay about $1.8 billion in cash and $200 million in stock for EnvisionRx, a pharmacy benefit manager, or PBM, owned by the investment firm TPG.

50. Rite Aid to Pay $2 Billion for Pharmacy Benefit Manager - Thursday, February 12, 2015

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a planned, $2 billion purchase of EnvisionRx.

The company said it will pay about $1.8 billion in cash and $200 million in stock for EnvisionRx, a pharmacy benefit manager, owned by the investment firm TPG.

51. Wal-Mart Plans 1-Stop Health Coverage Shopping - Tuesday, October 7, 2014

Wal-Mart is taking one-stop shopping to another area: health insurance.

The world's largest retailer plans to work with DirectHealth.com, an online health insurance comparison site and agency, to allow shoppers to compare coverage options and enroll in Medicare plans or the public exchange plans created under the Affordable Care Act.

52. More Stores, Walk-In Clinics Offering Vaccines and Shots - Saturday, September 27, 2014

Pull up to a local Walgreens and you may be immediately presented with a shot menu: flu, shingles, pneumonia and other options. Theoretically, in one trip to the drugstore you can knock out your flu shot, pick up some ice cream, bread or beer, maybe grab a birthday card for your mother-in-law, and be on your way.

53. Drugstores, Retailers Dive Deeper Into Vaccines - Thursday, September 18, 2014

Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.

CVS doled out more than 5 million, or double its total from a few years ago. And Wal-Mart, the world's largest retailer, offers flu shots at more than 4,200 of its U.S. stores that have pharmacies.

54. CVS Changes Name, Stops Tobacco Sales Early - Thursday, September 4, 2014

As CVS sharpens its focus on customer health, the nation's second-largest drugstore chain will tweak its corporate name and stop the sale of tobacco nearly a month sooner than planned.

CVS Caremark said it will now be known as CVS Health, effective immediately. The signs on its roughly 7,700 drugstores won't change, so the change may not register with shoppers.

55. Pharmacy Sales Boost Major Drugstores in June - Friday, July 4, 2014

A jump in pharmacy revenue fueled June sales growth for two of the nation's largest drugstore chains, and they may start adding gains from the health care overhaul later this year.

Walgreen Co. and Rite Aid Corp. said Thursday that pharmacy revenue from their established stores climbed more than 11 percent at Walgreen and 5 percent at Rite Aid last month. Walgreen runs the nation's largest drugstore chain with 8,215 stores, while Rite Aid ranks third with 4,754. The company in the middle, CVS Caremark Corp., doesn't report monthly results.

56. Wellness Programs Grow More Popular With Employers - Thursday, April 24, 2014

That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul.

57. CVS Caremark Plans to Stop Tobacco Products Sales - Thursday, February 6, 2014

CVS, the nation's second-largest drugstore chain, is kicking the habit of selling tobacco products as it continues to shift its focus toward being more of a health care provider.

The company said Wednesday that it will phase out cigarettes, cigars and chewing tobacco by Oct. 1 in its 7,600 stores nationwide, in a move that will help grow its business that works with doctors, hospitals and others to improve customers' health.

58. Health Coverage - Wednesday, October 30, 2013

The Little Clinic is opening its sixth and seventh limited-care clinics in the Memphis area this month as part of a growth plan that includes 30 new Little Clinics opening in Kroger stores in 2013.

59. Walgreen Clinics Expand Care Into Chronic Illness - Friday, April 5, 2013

Walgreen Co. has stretched the reach of its drugstore clinics beyond treating ankle sprains and sinus infections to handling chronic diseases such as diabetes, asthma and high blood pressure.

60. Walgreen, Express Scripts Sign New Agreement - Friday, July 20, 2012

The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.

61. Walgreen, Other Pharmacies Form Nationwide Network - Thursday, February 23, 2012

Walgreen Co. and some independent drugstores are investing in a nationwide push to give pharmacists a chance to work more with patients to improve care and cut costs.

62. CVS Caremark Q4 Profit Rises, 2012 Outlook Climbs - Thursday, February 9, 2012

Drugstore chain Walgreen's loss of a big client is turning into rival CVS Caremark's gain so far this year.

A contract squabble between Walgreen Co. and pharmacy benefits manager Express Scripts Inc. has driven more customers to CVS pharmacies, prompting that company to raise its 2012 earnings forecast by 3 cents per share.

63. CVS Caremark Buys Medicare Part D Biz - Tuesday, January 10, 2012

Health Net Inc. said Monday it will sell its Medicare Part D stand-alone prescription drug business to CVS Caremark for $160 million.

64. CVS Caremark Rises on 2012 Profit Forecast - Wednesday, December 21, 2011

WOONSOCKET, R.I. (AP) – Shares of CVS Caremark Corp. rose Tuesday after the company said it expects that profit at its Caremark pharmacy benefits management business will grow in 2012, reversing two years of declines.

65. Express Scripts, Medco Pare Lobbying in Q3 - Thursday, November 17, 2011

NEW YORK (AP) – Pharmacy benefits managers Medco Health Solutions Inc. and Express Scripts Inc. lobbied the government to approve their proposed $29.1 billion merger, but cut back on their total lobbying expenses in the third quarter.

66. CVS Caremark Pares Q3 Lobbying Costs to $2.2M - Tuesday, November 15, 2011

NEW YORK (AP) – CVS Caremark Corp. cut back on its lobbying expenditures in the third quarter, but still spent $2.2 million as it discussed issues including prescription drug costs and pharmacy benefits management laws with the federal government.

67. CVS Caremark Q3 Profit Rises 7 Percent - Friday, November 4, 2011

WOONSOCKET, R.I. (AP) – CVS Caremark Corp.'s third-quarter earnings climbed 7 percent, as a long-term contract and acquisition boosted the pharmacy network claims it processed.

68. Former CVS CEO Will Work With Private Equity Firm - Friday, October 14, 2011

NEW YORK (AP) – Private equity firm Advent International said Thursday that former CVS Caremark Corp. Chairman and CEO Thomas Ryan will advise it on retail and health care investment opportunities.

69. Medco, Express Scripts Pare Combined Q2 Lobbying - Monday, October 3, 2011

NEW YORK (AP) – Pharmacy benefits managers Medco Health Solutions Inc. and Express Scripts Inc., which have agreed to combine, trimmed their lobbying costs to $940,000 in the second quarter.

70. Walgreen Fiscal 4th-Qtr Profit Jumps 69 Percent - Wednesday, September 28, 2011

INDIANAPOLIS (AP) – Drugstore operator Walgreen Co. said Tuesday its fiscal fourth-quarter earnings jumped 69 percent, boosted in part by a gain from the $525-million sale of its pharmacy benefits management business.

71. CVS Will Give $6M in Flu Shots to the Uninsured - Tuesday, September 13, 2011

WOONSOCKET, R.I. (AP) – CVS Caremark Corp. said Monday, Sept. 12, it will give away up to $6 million in seasonal flu shots to people who don't have health insurance.

72. Walgreen Says Express Scripts Talks are Stalled - Wednesday, September 7, 2011

NEW YORK (AP) – Drugstore chain Walgreen Co. reiterated Tuesday that it plans to stop filling prescriptions managed by Express Scripts Inc. on Jan. 1, saying contract renewal negotiations between the companies are stalled.

73. Health Plan Rules: What Counts as an Emergency? - Thursday, August 11, 2011

When is an emergency not an emergency? In health care, that can be a costly distinction.

Emergency rooms are designed to live up to their names by treating life-threatening or serious medical problems. But they often handle much more than that, sometimes at great cost to patients.

74. CVS Caremark Q2 Profit Slips 1 Percent - Friday, August 5, 2011

NEW YORK (AP) – CVS Caremark said Thursday its profit slipped 1 percent in the second quarter as its pharmacy benefits management business weathered lower prices on contract renewals.

The Woonsocket, R.I., company said Caremark faced lower prices related to contract renewals. The most significant of those was its retail pharmacy contract with the Federal Employee Health Benefit Program, which the company renewed in the third quarter of 2010. While those renewals cut into its profit, total revenue for CVS Caremark rose 10.9 percent to $14.57 billion as the company began a new 12-year contract with Aetna Inc. and acquired Universal American Corp.'s Medicare Part D business.

75. Walgreen Says it Will Split With Express Scripts - Wednesday, June 22, 2011

NEW YORK (AP) – Walgreen Co. said that it is willing to walk away from more than $5 billion in annual revenue because pharmacy benefits manager Express Scripts doesn't pay it enough to fill prescriptions.

76. CVS Caremark Spent $2.2M on Lobbying in Q1 - Tuesday, June 21, 2011

NEW YORK (AP) – Drugstore operator and pharmacy benefits manager CVS Caremark Corp. spent $2.2 million in the first quarter as it lobbied the federal government on issues related to health care reform and its business model.

77. Moody's Compares PBMs, Backs CVS Caremark - Wednesday, June 8, 2011

NEW YORK (AP) – Moody's Investor's Service maintained a positive view of the largest U.S. pharmacy benefits managers Tuesday, saying it has the highest opinion of CVS Caremark Corp.

78. Accredo Parent Company Loses $3B Contract to CVS - Monday, May 30, 2011

Medco Health Solutions Inc. said that after this year, it will lose a contract that brought it about $3 billion in annual revenue.

79. Rich Spend, Others Scrimp, Retail Reports Show - Friday, May 20, 2011

NEW YORK (AP) – High gas prices are driving a wider wedge between the wealthy and everybody else.

The rich are back to pre-recession-style splurging: Saks Fifth Avenue and Nordstrom customers are treating themselves to luxury items like $5,000 Hermes handbags and $700 Jimmy Choo shoes, and they're paying full price.

80. Walgreen to Spend About $429M for Drugstore.com - Friday, March 25, 2011

NEW YORK (AP) – Drugstore operator Walgreen Co. said Thursday it will spend about $429 million to buy online retailer drugstore.com in a deal that gives it access to 3 million online customers.

81. Walgreen Selling Pharmacy Benefits Ops for $525M - Thursday, March 10, 2011

NEW YORK (AP) – Walgreen Co. said Wednesday it is leaving the pharmacy benefits management business, selling that operation to Catalyst Health Solutions Inc. for $525 million in cash and freeing it to focus on its drugstore network, the largest in the United States.

82. Civil Rights Complaint Against CVS May Go Forward - Monday, February 14, 2011

The Rhode Island Commission for Human Rights is allowing a civil rights complaint over an online job application used by CVS Caremark Corp. to go forward, saying there is probable cause to believe the pharmacy chain violated state anti-discrimination laws.

83. CVS Caremark 4Q Profit Falls 2 Percent - Friday, February 4, 2011

NEW YORK (AP) – Drugstore chain and pharmacy benefits manager CVS Caremark Corp. said Thursday that its profit fell 2 percent in the fourth quarter on lower revenue because of client losses and fewer Medicare prescription drug program members.

84. EMHC Moving to Appling Farms, Doubling in Size - Friday, December 17, 2010

Emergency Mobile Health Care is more than doubling the size of its Memphis corporate headquarters.

EMHC has signed a 14,200-square-foot lease at 6972 Appling Farms Parkway. EMHC currently occupies 6,900 square feet at 5071 Wilfong Road, and also has an office in Jackson, Tenn.

85. CVS Caremark Profit Falls 21 Percent in Q3 - Thursday, November 4, 2010

WOONSOCKET, R.I. (AP) – CVS Caremark Corp. reported a 21 percent drop in third-quarter profit Wednesday as its pharmacy benefit unit continued losing business from previously canceled contracts.

86. State Fines CVS Pharmacies for Violations - Tuesday, October 19, 2010

CVS Pharmacy, which was already in trouble with state regulators in Nevada and California for failing to properly monitor sales of over-the-counter drugs and ingredients for crystal meth, has now been fined by the state of Tennessee for not adhering to safeguards against doctor-shopping for controlled substances.

87. Walgreen Approves $1B Stock Repurchase Plan - Thursday, October 14, 2010

DEERFIELD, Ill. (AP) – Drugstore chain Walgreen Co. said Wednesday it approved the repurchase of up to $1 billion in stock through the end of 2012.

88. Council Redo On MCS Funding - Wednesday, September 29, 2010

Memphis City Council members gave final approval Tuesday to a trio of pet ordinances, a new set of rules for false alarms, an amended Midtown overlay and approved a CVS pharmacy near the University of Memphis.

89. 'Extremely Depressed' - Tuesday, September 14, 2010

Ask the owners and operators of the largest commercial construction firms in the Memphis area how things are going these days, and it’s hard to get a response that is not pessimistic.

“Extremely depressed,” said Henry Haizlip, owner and vice president of Grinder-Haizlip Construction Co. Inc., which was founded in 1992 and provides general construction services to commercial, industrial and manufacturing industries in the Mid-South area. “And that is not a light statement.”

90. Galloway Gardens Apartments Sells for $1.1 Million - Tuesday, September 7, 2010

1565 Galloway Ave.
Memphis, TN 38112
Sale Amount: $1.1 Million

Sale Date: Aug. 27, 2010
Buyer: Galloway Gardens LLC
Seller: Steve Benetti and Virginia Benetti
Loan Amounts: $200,000; $200,000; $916,937 (assumption)
Loan Date: Aug. 27, 2010
Maturity Dates: Aug. 27, 2011 ($200,000); Sept. 15, 2015 ($200,000); Sept. 10, 2013 ($916,937)
Lender: Regions Bank

91. Midtown CVS Approved By Council - Wednesday, August 25, 2010

Memphis City Council member approved a CVS drug store at Union Ave and Cooper St. on a 10-2 vote that followed a two hour debate.

The council also approved an amendment calling on the developers of the store to get as close as they can in their plans to requirements of the advisory Midtown overlay. The two exceptions to that are restrictions on a drive through window for the pharmacy and how far from the street the building can be.

92. Gill Enterprises Sells Land to CVS for Cordova Pharmacy - Tuesday, August 3, 2010

786 N. Germantown Parkway
Cordova, TN 38018
Sale Amount: $2.2 Million

Sale Date: July 28, 2010
Buyer: CVS 6628 TN LLC
Seller: Gill Enterprises GP

93. CVS Caremark Q4 Profit Grows 11 Percent - Tuesday, February 9, 2010

NEW YORK (AP) - CVS Caremark Corp., one of the nation's biggest drugstore operators, said Monday its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business.

94. CVS Caremark Q3 Profit Up But Loses Big Contracts - Friday, November 6, 2009

NEW YORK (AP) - CVS Caremark disclosed more multibillion dollar contract losses in its pharmacy benefits management business and said the head of the unit will depart.

CEO Tom Ryan said CVS, which also runs the nation's second-biggest drug store chain, won't reach its goals in 2010 because of the sharp reversal of fortunes at the Caremark unit, which administers drug benefits for employers. CVS shares plunged 20 percent.

95. Walgreen Q4 Profit Falls, But Results Top Forecast - Wednesday, September 30, 2009

NEW YORK (AP) - Drugstore operator Walgreen Co. said prescription drug sales rose in the fiscal fourth quarter, pushing the company's results past Wall Street expectations and lifting shares to an annual high.

96. Drug Industry, Pfizer Lead in Health Lobbying - Wednesday, July 22, 2009

WASHINGTON (AP) - The drug industry's trade group and one of the nation's biggest pharmaceutical companies reported spending more money than other health care organizations on lobbying in the second quarter of this year.

97. Dodd's Wife Serves on Health Care Company Boards - Monday, June 15, 2009

WASHINGTON (AP) - The wife of a senator playing a lead role on a national health care overhaul sits on the boards of four health care companies, one of several examples of lawmakers with ties to the medical industry.