Chris Burritt, Author at Providence Business News

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CVS CAREMARK reported third quarter net income of $1.01 billion, or 79 per share, up 16 percent from $868 million, or 65 cents a share, during the third quarter 2011. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

CVS profits top estimates in 3Q

Economic Activity 11/06/2012

(Updated, 10:30 a.m.) WOONSOCKET - CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted third-quarter profit that exceeded analysts’ estimates and...

CVS earnings top estimates in 2Q

Economic Activity 08/07/2012

WOONSOCKET - CVS Caremark Corp., the largest provider of prescription drugs in the U.S., reported second- quarter profit that exceeded analysts’ estimates, helped by...

CEOs lose their optimism as job slowdown imperils U.S. growth

Economic Activity 06/08/2012

GREENSBORO, N.C. - U.S. chief executive officers are turning more pessimistic about a second-half recovery as rising unemployment and Europe’s debt turmoil threaten domestic...

CVS CAREMARK reported an 8.8 percent rise in first quarter profits after grabbing customers from Walgreen Co. / BLOOMBERG FILE PHOTO/ELIOT J. SCHECHTER

CVS profits beat estimates in 1Q

Economic Activity 05/02/2012

WOONSOCKET - CVS Caremark Corp., the largest provider of prescription drugs in the U.S., reported first quarter profit that exceeded analysts’ estimates after grabbing...

SALES at U.S. retailers rose 4.5 percent last week from a year earlier, as shoppers snapped up last minute purchases for Christmas and took advantage of some chains extending hours. / BLOOMBERG NEWS FILE PHOTO ANDREY RUDAKOV

U.S. retail sales rise 4.5% week before Christmas, ICSC says

Economic Activity 12/28/2011

NEW YORK - Sales at U.S. retailers rose 4.5 percent last week from a year earlier, as shoppers snapped up last minute purchases for...

Consumers no Scrooge with sale of seasonal decor in U.S.

Economic Activity 12/06/2011

GREENSBORO - Peggy Curtis spent Thanksgiving week out of work, the first layoff in her 37 years making cigarettes in a Reidsville, N.C., factory....

Walgreen profit rises 69%, helped by demand for prescriptions

Economic Activity 09/27/2011

GREENSBORO, N.C. - Walgreen Co., the largest U.S. drugstore chain, said fourth-quarter profit increased 69 percent, spurred by demand for prescriptions. Net income for the...

CVS Caremark says board approves $4 billion share buyback

Economic Activity 08/24/2011

GREENSBORO, N.C. - CVS Caremark Corp., the largest provider of prescription drugs in the U.S., plans to buy back as much as $4 billion...

CVS profit tops analysts’ estimates, helped by lower-cost items

Economic Activity 08/04/2011

NEW YORK - CVS Caremark Corp., the largest provider of prescription drugs in the U.S., reported second-quarter profit that topped analysts’ estimates, helped by...