• Wall Street wavers as Amazon buy hits health stocks, banks gain

    22 days ago - By Reuters

    U.S. stocks swung between gains and losses on Thursday, as Amazon's foray into drug retailing whipped the healthcare sector, while a rise in financial stocks for the first time in 14 days cushioned the markets.
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  • What you need to know on Wall Street today

    22 days ago - By Business Insider

    Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
    Amazon's playbook for upending healthcare just got a lot clearer
    After more than a year of speculation, Amazon just gave a clear indication that it's interested in getting into the pharmacy business.
    On Thursday, it acquired PillPack, a small startup that mails prescriptions to people that take multiple medications. The news sent a whole host of pharmacy and drug wholesaler stocks tumbling.
    For Amazon, that clears...
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  • Drug stocks hit by Amazon health push, tech steadies Wall Street

    22 days ago - By Reuters

    Amazon's foray into the pharmacy space sent drug stocks sliding on Thursday, but gains in financial and technology stocks helped Wall Street keep its footing.
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  • With Facebook, Snap And Spotify Millennials Have One Up On Wall Street

    22 days ago - By Forbes

    Peter Lynch recommends people invest in what they know. Today I am going to help Nate Cuson, a student at Vassar College, identify some stocks where he and other millennials might have an advantage over Wall Street.
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  • Walgreens profit soars but shares drop

    22 days ago - By Reuters

    Walgreens Boots' quarterly profit rose soared, and the drug retailer said it would buy back $10 billion of its shares. But as Fred Katayama reports, its shares dropped after Amazon said it's getting into the drug delivery business.
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  • Drug stocks hit by Amazon health push, while tech steadies Wall Street

    22 days ago - By Reuters

    Amazon's move to entrench itself in the health sector sent drug stocks sliding on Thursday, but gains in financial and technology stocks helped Wall Street keep its footing.
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  • US stocks are mixed; Amazon shakes up health care, delivery

    22 days ago - By Chron

    NEW YORK - U.S. stocks are mixed Thursday morning a day after they gave up an early gain and fell to their lowest level in a month. Amazon said it's buying an online pharmacy and launching its own delivery van business, and drugstores and medication distributors as well as delivery companies are sinking. Banks and technology companies are higher.
    KEEPING SCORE: The S&P 500 index added 1 point, or 0.1 percent, to 2,701 as of 10 a.m. Eastern time. The Dow Jones Industrial Average lost 58 points, or 0.2 percent, to 24,059. The Nasdaq composite gained 12 points, or 0.2 percent, to 7,457. The...
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  • Markets Right Now: US stocks mixed in early trading Thursday

    22 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    U.S. stocks are mixed Thursday morning following sharp losses the day before.
    Health care stocks fell after Amazon.com said will buy online pharmacy PillPack. Drugstores, prescription drug distributors and others sank. CVS fell 9.8 percent and Express Scripts fell 4.5 percent.
    Amazon also rolled out a program to allow contractors around the country to deliver its packages. Amazon rose 0.5 percent, while UPS fell 2.5 percent and FedEx lose 2.7 percent.
    The Dow Jones industrials fell 15 points to 24,101 and the S&P 500...
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  • Wall Street opens lower as Amazon buy hits drug stocks

    22 days ago - By Reuters

    Amazon's move to entrench itself in the health sector sent drug stocks sliding on Thursday, but gains in financial and technology stocks, helped Wall Street keep its footing.
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