(Reuters) - Grocer Kroger said on Monday it had entered a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a unit of U.S. health insurer Elevance Health.
The financial terms of the deal were not disclosed.
The retailer's specialty pharmacy business serves patients with chronic illnesses that require complex care.
Kroger Specialty Pharmacy is separate from other Kroger Family of Pharmacies,... (continue reading...)
US Probes Role Of Ford (F) Assisted-driving Tech In Fatal Crash - WSJ
EU Drafts Law To Send Russian Central Bank Profits To Ukraine - Bloomberg
Investing.com -- Hertz Global Holdings (OTC: HTZGQ) first-quarter results are likely to be more "challenging" than expected, underscore by the rental car company's recent leadership change as it pivots away from electric vehicles.
"We would prepare for a more challenging 1Q result and potentially more actions needed to address fleet challenges," analysts at Morgan Stanley said in a Monday note, ahead of the company's result expected Apr. 25.
Hertz said it had... (continue reading...)
(Reuters) - Berkshire Hathaway has increased its pace of repurchasing its own shares, a sign that longtime Chairman Warren Buffett considers them undervalued and a good place to spend excess cash.
In its proxy filing on Friday, Berkshire said it repurchased the equivalent of 3,808 Class A shares this year through March 6, spending approximately $2.2 billion to $2.4 billion depending on the dates of the buybacks.
Nearly three-quarters of... (continue reading...)
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