While the failed merger between Walgreens and Rite Aid has led to the pharmacy chains struggling to find their footing, their rival CVS has had the chance to shine, CNBC’s Jim Cramer said. “When the FTC blocked the Walgreens-Rite Aid merger, they actually laid the groundwork for less competition, because the delay and subsequent confusion
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Financial planning is a complex topic with numerous moving parts, and many aspects of it are best tackled with a professional by your side. However, there are also many simple but powerful things you can do yourself to improve your financial situation quite dramatically over time. Our biggest enemy when it comes to building wealth
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Most everyone looks forward to retiring while they are working, because they relish the thought of no longer having daily commitments. However, not many people understand how investing for retirement really works. Here are some commonly asked questions about retirement plans. 1. When should I begin taking distributions from a pension, profit-sharing or 401(k) plan?
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Amazon’s stunning growth in the internet advertising market will boost the company’s shares, according to Piper Jaffray. The firm reaffirmed its overweight rating for the internet giant’s stock, predicting its ad business profits will surpass its cloud computing income by 2021. “While the Street has been focusing on the trajectory of core retail, growth of
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The opioid epidemic in the United States has “peaked,” says Dr. Toby Cosgrove, one of the nation’s leading voices on health-care reform. “We’re starting to see the understanding of the problem,” Cosgrove said on CNBC’s “Squawk Box” on Monday. “[We] are getting to the point where people are certainty prescribing fewer drugs and people are
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German sportswear firm Adidas reported stronger-than-anticipated second-quarter net profit on Thursday, with the company saying it remains firmly on track to hit its full-year targets despite taking an impairment charge on its struggling Reebok brand. Net profit over the second quarter rose 20 percent to 418 million euros ($485 million), beating analyst expectations of 387
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Customs agents in Shanghai have refused to release a shipment of American-made Mercedes-Benz SUVs because of what they have described as a “safety risk.” Ostensibly, the Mercedes GLE and GLS models have a problem with their rear brakes that authorities want fixed before they are allowed into the country. But the timing of the move,
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