healthcare

The company said total sales for the five weeks ended July 2 were up 8.7% to $258.6 million.

Saks has a potential upside of 2.4% based on a current price of $11.64 and an average consensus analyst price target of $11.92.

Saks Inc. (NYSE:SKS) said that its June sales at stores open at least one year rose 11.9%. Analysts had expected same-store sales to rise 7%.

Shares of Pfizer are down after Reuters reported the drug maker received approval from European Union regulators to acquire the consumer health care business from Danish medical services firm Ferrosan. EU regulators said a study

Health care shares are down in mid-day trading along with the broader market. Pfizer Inc. (NYSE:PFE) falls after it gets the green light for its acquisition of a European company.

The Healthcare business in 2010 had revenues of approximately $450 million and an operating margin comparable to the company's consolidated margin of 19.3%.

Thomson Reuters (NYSE:TRI) intends to divest its Healthcare business, which has been part of the company's Healthcare & Science segment. The Healthcare business provides data, analytics and performance benchmarking solutions a

Health care shares are seeing mild support in mid-day trading while Merck & Co (MRK) makes a move to address emerging markets. Merck and Mumbai-based pharmaceutical company Sun Pharmaceutical Industries announced today the cre

In an email obtained by CNN, OMB Deputy Director for Management Jeffrey Zients tells agency officials that "given the realities of the calendar, good management requires that we continue contingency planning for an orderly shutdow

The White House Office of Management and Budget has notified federal agencies to start preparing and sharing contingency plans in case the government shuts down on Friday.

Under the terms of the purchase agreement, OnSite Services will remain the preferred repair organization for CFN, V. Mueller and Snowden-Pencer specialty surgical instruments.

Financial terms of the agreement were not disclosed.

CFN shares are down 0.46% to $27.86.

CareFusion (CFN) says it has completed the sale of its OnSite Services instrument management and repair business to affiliates of Frazier Healthcare. Plans for the sale were previously announced on January 11.

Health care shares are higher in mid-day trading and Amgen (AMGN) is seen introducing its first dividend. Bloomberg reports that the biotech company may introduce its first dividend next month as investors seek value from the $17.