Walgreen profit up but shares slip
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Walgreen Co.  posted a 19.6 percent rise in quarterly profit on Monday, boosted by new stores and an inventory credit, but its shares slipped as the large drugstore chain failed to deliver the stellar growth it had produced in the previous three quarters.
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Eli Lilly and Co  on Tuesday  said fourth-quarter profit rose on higher-than-expected sales  of its medicines, including strong demand for its newer  treatments for depression, diabetes and cancer.
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Wal-Mart Stores Inc.  on  Tuesday posted higher quarterly profit after the world's  biggest retailer cut prices on hot items like toys and  electronics to lure customers during the holiday shopping  season.
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Medco Health Solutions Inc. , one of the largest U.S. managers of drug benefits, said on Wednesday that profit rose 29 percent, as higher rates of mail-delivered generic drugs drove better profit margins, and it lifted its full-year earnings forecast.
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Wal-Mart Stores Inc.  posted a better-than-expected 9.8 percent rise in fourth-quarter profit on Tuesday, helped by cost controls and international sales.
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Walgreen Co. WAG.N on Monday posted a  30.5 percent rise in quarterly profit, boosted by sales of  generic drugs and digital photo processing, sending its shares  to a nearly three-year high.
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Wal-Mart Stores, Inc. reported a modest four percent rise in quarterly profits on Tuesday as the world's biggest retailer appeared to weather an abrupt slowdown in US economic growth.
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Walgreen Co.  on Monday said  quarterly profit rose 14.2 percent, aided by higher sales of  prescription medications, and said it would look at more  acquisitions as the drugstore industry consolidates.
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UnitedHealth Group Inc. on Thursday  said quarterly profit jumped nearly 46 percent as medical costs  stabilized, and the No. 2 health insurer also boosted its 2005  forecast.
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The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Streetâs expectations.
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Walgreen Co. , one of the largest U.S. drugstore chain operators, on Monday posted a 30.5 percent jump in quarterly profit, boosted by increased sales of prescription drugs.
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Stocks rose on Monday as stronger-than-expected profits in the pharmaceutical sector and news of a takeover in the oil services industry fueled a rebound from Friday's sell-off.
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INDIANAPOLIS  â The quarterly profit at WellPoint, the largest United States health insurer, rose 7 percent, but an unexpected rise in the percentage of revenue used to cover medical costs helped push down its shares.
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Walgreen Co. (WAG.N: Quote, Profile, Research) , the top US drugstore chain, on Monday said quarterly profit rose 18.1 percent on strong sales of prescription drugs, digital photo
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Walgreen Co. WAG.N, one of the  largest U.S. drugstore chain operators, on Monday posted a 30.5  percent jump in quarterly profit, its largest increase in four  years, boosted by higher sales of prescription drugs and  general merchandise.
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Walgreen Co. , the top U.S. drugstore chain, on Monday said quarterly profit rose 18.1 percent due to rising prescription demand and strong sales of profitable nonpharmacy merchandise.
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The drug maker said its fourth-quarter profit fell 70 percent from a year-ago period that included the sale of its consumer health business, but adjusted profit topped Wall Street expectations.