CVS likely to raise Caremark bid again: sources
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CVS Corp.  is likely to raise its $23.4 billion offer for Caremark Rx Inc. CMX.N>, but rival suitor Express Scripts Inc.  may still have more money to throw into the bidding war, sources familiar with the situation said on Thursday.
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The new offer of $25.7 billion came just hours before a judge made a surprise ruling that will force Caremark to postpone its shareholder vote on the CVS deal.
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The U.S. drugstore chain could see its shares hit $50  within the next 12 months, according to a report in Barron's on  Sunday.
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The American Medical Association said  on Monday it will ask state and federal health authorities to  investigate retail health clinics such as those offered in  CVS/Caremark stores , Wal-Mart Stores  and  Walgreen Co.  for possible conflicts of interest.
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CVS Corp. , the No. 2 U.S. drugstore chain, posted higher quarterly profit on Thursday, driven by strong sales of prescription medications.
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U.S. businesses, which have seen skyrocketing inflation in their health care costs in recent years, expect those costs to rise 8 percent this year and next, according to a national poll released on Wednesday.
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U.S. pharmacy benefits manager Express Scripts Inc.  said on Monday it was offering to buy rival Caremark RX  for about $26 billion, threatening to break up an offer made last month by drugstore chain CVS Corp. .
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U.S. pharmacy benefits manager Express Scripts Inc.  said on Monday it was offering to buy rival Caremark RX  for about $26 billion, threatening to break up a deal struck last month with drugstore chain CVS Corp. .
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CVS Corp.  sweetened its $23.9 billion takeover bid for Caremark Rx Inc.  on Thursday with an increased dividend, calling its newest proposal its "best and final" offer for the pharmacy-benefits manager.
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Stock index futures rose on Monday, lifted by news Merrill Lynch  plans to sell a lending unit and with investors eyeing retailers as the busy holiday shopping season draws to a close.
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CVS Caremark Corp.  on Wednesday said its contract to provide retail pharmacy and clinical benefit services for Blue Cross and Blue Shield's federal employee program was extended for three years through 2010.
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Rival bidders for CBOT Holdings Inc. , the second-biggest U.S. futures market, are each considering raising their offers a third time, according to a report by Bloomberg.
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Caremark Rx Inc.  said on  Thursday its board supported a sweetened $23.5 billion takeover  bid from CVS Corp.  and rebuffed a hostile $26.9 billion  offer from rival Express Scripts Inc.
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A Delaware Chancery Court judge  ruled on Friday that Caremark Rx Inc.  must delay a  shareholder vote on its planned acquisition by CVS Corp.   until at least 20 days after it provides more details  on the transaction.
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Socks rose on Tuesday as European  companies made takeover offers for U.S. companies in the  health-care and chemicals sectors and bond yields dipped,  sending rate-sensitive stocks higher.
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Drugstore chain CVS Corp. said Tuesday that sales at stores open at least one year, or same-store sales, rose 5.4 percent during the month of October.
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UnitedHealth Group Inc. , recovering from an options-trading scandal, could see its stock rise more than 40 percent in the next 12 to 24 months, as its underlying operations shine, a report said.