Medco posts higher profit, lifts 2007 view
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Drug benefit manager Medco Health Solutions Inc.  on Wednesday reported a higher-than-expected quarterly profit on strong demand for mail-delivered generic medicines and raised its 2007 outlook, sending its shares to an all-time high.
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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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Walgreen Co , one of the  largest U.S. drugstore operators, posted higher quarterly  profit on Friday, helped by higher sales and cost controls.
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Third-quarter profit rose 15 percent to $1.28 billion as  premium and fee growth in its Medicaid business helped offset lower enrollment in employer-sponsored programs.
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Drugmaker Merck & Co. Inc.  boosted its 2007 earnings forecast on Wednesday, based on early revenue indications from a range of products, sending its shares up nearly 3 percent in early electronic trading.
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Merck & Co  on Monday said its third-quarter profit rose sharply, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast in view of strong current trends.
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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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CVS Corp. , the No. 2 U.S. drugstore chain, posted a 2.7 percent rise in quarterly profit on Thursday, driven by strong sales of prescription medications and greater use of generic drugs, which are more profitable for pharmacies.
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Sanofi-Aventis  posted higher-than-expected fourth-quarter current operating profit, despite healthcare savings in Europe as well as generic rivalry, and the drugmaker predicted more growth for 2007.
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Fourth-quarter profit increased 4 percent as growing medical enrollment lifted revenue from health care premiums.
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Drugmaker Merck & Co. Inc.  boosted its 2007 earnings forecast on Wednesday, citing better-than-expected sales of multiple products, including its cancer vaccine Gardasil and diabetes drug Januvia.
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Walgreen Co. , one of the largest U.S. drugstore chains, posted a higher quarterly profit on Monday, boosted by new stores and an inventory credit.
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Walgreen Co. , one of the largest U.S. drugstore chains, posted a higher quarterly profit on Monday, boosted by new stores.
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Eli Lilly and Co.  on Tuesday posted better-than-expected second-quarter earnings helped by surging sales of its prescription drugs, including depression treatment Cymbalta, and the company raised its 2007 profit forecast.
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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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Eli Lilly posted better-than-expected second-quarter earnings, helped by surging sales of its prescription drugs, and the company raised its 2007 profit forecast.
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Walgreen Co , one of the largest U.S. drugstore operators, posted higher quarterly profit on Friday, helped by higher sales and cost controls.