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Walmart, CVS Health hammer out new PBM pharmacy network deal

The hostile public dispute comes at a time when pharmacy benefit managers are driving hard bargains with drugmakers and drugstores, in order to demonstrate that they can lower costs for consumers. “The resolution speed of today’s announcement is surprising … and likely points to the general negotiating strength that PBMs …

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Buy UPS stock for when the company gets its groove back

You may not have heard of New Relic, but you’ve probably heard of one of the software analytics company’s newest clients: Fortnite maker Epic Games. New Relic, a cloud-based operator that helps companies monitor their websites and apps in real time, does just that for Fortnite, the company’s founder and …

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Lululemon, Yeti Holdings, Crocs are all ‘retail winners’

Department store operators like Macy’s may be struggling after a weaker-than-expected holiday season, but other, more focused retailers are thriving, CNBC’s Jim Cramer said Wednesday after a positive day for the major averages. “The department stores may be in rough shape here, but that’s just because people are buying stuff …

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