In my last post, I posed the question: What’s next for Walgreen? In-store surgery? Boy, was I on the wrong track. While the nation’s #1 drugstore chain won’t be installing in-store operating theatres anytime soon (that I’m aware of), it will be opening apparel …
Archive for March, 2008
Wells Fargo banking on banking bargains
by Ryan Caione, March 28, 2008, 7:00 am“We’re seeing more people interested in taking a peek inside the stagecoach,” Wells Fargo CEO John Stumpf told the San Francisco Business Times last week, but in reality, it’s his company that’s kicking tires and peeking under hoods.
Wells Fargo, which traces its …
Drug reps, commercials, and lobbyists — oh my!
by Anne Law, March 27, 2008, 6:33 amIt seems like every time I visit the health clinic, there’s a smartly dressed pharmaceutical representative somewhere in the immediate vicinity. A fun waiting room game can be found in picking out the reps from the patients. (In fact, if I don’t see one, I actually worry …
It’s official:Tata buys Jaguar
by Patrice Sarath, March 26, 2008, 8:12 amThe long-rumored deal has become fact: Tata will buy the Jaguar and Land Rover car business for about $2.3 billion. The deal will net Ford about $1.7 billion after it pays into the pension fund …
Pepsi’s big squeeze– juice maker will make it top player in Russia — dwarfing Coca-Cola
by Barbara Murray, March 26, 2008, 7:00 amWhen PepsiCo’s acquisition of Lebedyansky becomes final (probably in the third quarter of this year), the soda maker will have achieved three things — expanded its global presence, become a player in the lucrative Russian juice market, and re-ignited its rivalry with that other venerable beverage …
More toy recalls with tiny powerful magnets to blame
by Linnea Kirgan, March 25, 2008, 5:28 amMagnet problems continue to plague the toy industry and endanger children’s lives.
Last week, MEGA Brands announced that it would recall more than 2 million toys that had loose magnets. The Magtastik and Magnetix Jr. toys were both marketed to kids aged 3 and up — a problem since …
Baxter International blood-thinner plot thickens … again
by Kristi Park, March 24, 2008, 6:17 amFirst, medical device and drug maker Baxter International voluntarily recalled a whole bunch of heparin, a blood thinner used to prevent clotting in dialysis and heart surgery patients. That happened last month, after 19 patients on the drug died and others had bad reactions. What followed …
Sweeps Week — Wall Street TV
by Patrice Sarath, March 21, 2008, 7:00 amBillionaire investor Warren Buffett, recently ranked as the world’s richest man, will be drawn into a fictional insider-trading scandal in an upcoming appearance on the TV soap opera “All My Children.” — The New York Times, March 19, 2008
Other upcoming television appearances:
James Cayne, former …
Backdating exec gets 4 months in pen, $1M+ fine
by Jeff Dorsch, March 20, 2008, 1:23 pmUS District Judge Charles Breyer yesterday sentenced Stephanie Jensen to four months in a federal prison, plus three months to be served in a halfway house, for her conviction on stock option backdating-related charges. Judge Breyer also fined her $1.25 million.
Jensen, the former VP of …
Will MGM get its growl back?
by Larry Bills, March 20, 2008, 7:00 amFor the better part of the last decade, MGM has been a minor player in the movie business. It’s a studio that’s happily content to sit on the sidelines and distribute other companies’ movies (such is its current arrangement with The Weinstein Company), live off of …
