financetom
Business
financetom
/
Business
/
Kroger to Sell Specialty Pharmacy Business to Elevance Health
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kroger to Sell Specialty Pharmacy Business to Elevance Health
Mar 18, 2024 1:59 PM

04:36 PM EDT, 03/18/2024 (MT Newswires) -- Kroger ( KR ) said late Monday it agreed to sell its specialty pharmacy business to Elevance Health ( ELV ) unit CarelonRx.

The deal is expected to close in H2 2024, subject to regulatory approvals, Kroger ( KR ) said. The transaction is not expected to have an impact on its 2024 outlook.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FMC slightly raises 2024 guidance as it tops Q3 core profit forecast
FMC slightly raises 2024 guidance as it tops Q3 core profit forecast
Nov 5, 2024
Nov 5 (Reuters) - Dialysis specialist Fresenius Medical Care slightly raised the lower end of its 2024 operating profit forecast range on Tuesady after posting quarterly earnings above expectations, helped by cost savings and as its U.S. business recovers. The world's largest dialysis specialist now expects full-year operating income to grow by 16% to 18% compared to the prior year....
Addus HomeCare Q3 Adjusted Earnings, Revenue Increase
Addus HomeCare Q3 Adjusted Earnings, Revenue Increase
Nov 5, 2024
04:48 AM EST, 11/05/2024 (MT Newswires) -- Addus HomeCare ( ADUS ) reported Q3 adjusted earnings late Monday of $1.30 per diluted share, up from $1.15 a year earlier. Analysts polled by Capital IQ expected $1.28. Net service revenue for the quarter that ended Sept. 30 was $289.8 million, up from $270.7 million a year earlier. Analysts surveyed by Capital...
Silicon Laboratories Swings to Fiscal Q3 Loss, Revenue Falls
Silicon Laboratories Swings to Fiscal Q3 Loss, Revenue Falls
Nov 5, 2024
04:35 AM EST, 11/05/2024 (MT Newswires) -- Silicon Laboratories ( SLAB ) reported a fiscal Q3 loss late Monday of $0.88 per share, compared with earnings of $0.32 a year earlier. Analysts polled by Capital IQ expected a loss of $0.21. Revenue for the quarter that ended Sept. 28 was $166.4 million, down from $203.8 million a year earlier. Analysts...
ChipMOS Technologies Q3 Net Earnings Decline, Revenue Increases
ChipMOS Technologies Q3 Net Earnings Decline, Revenue Increases
Nov 5, 2024
04:46 AM EST, 11/05/2024 (MT Newswires) -- ChipMOS Technologies ( IMOS ) reported Q3 net earnings Tuesday of 0.41 New Taiwan dollars ($0.01) per basic share, down from NT$0.80 a year earlier. Three analysts surveyed by Capital IQ expected NT$0.76. Revenue for the quarter ended Sept. 30 was NT$6.07 billion, up from NT$5.58 billion a year earlier. Four analysts surveyed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved