The anti-diarrhea medication is often confused with traditional Maalox, which uses a gentler formula to neutralize stomach acid. The Food and Drug Administration warned consumers that Maalox Total Relief contains potent drug ingredients that can cause internal bleeding.
The maker of Maalox, the Swiss manufacturer Novartis, has agreed to change the name of its most potent medication after federal health regulators said consumers have been mistaking it for a milder stomach reliever. Name change planned for Maalox Total Relief International Trade Commission in Washington will weigh whether to block imports of the smart phones after Kodak alleged Apple Inc.'s iPhone and Research in Motion Ltd.'s camera-enabled BlackBerry models infringe on a 2001 patent covering ways to preview digital images. The Louisville company, however, said it will add 1,100 positions in growth areas like medical-cost containment and pharmacy management.Ī federal agency that oversees trade disputes will investigate Eastman Kodak Co.'s patent-infringement complaint over digital-camera technology used in iPhones and BlackBerrys. Its Medicare enrollment slid 24 percent last year to 3.4 million people, while its commercial enrollment fell 6 percent to roughly the same amount. will cut about 2,500 positions as it adjusts to a smaller enrollment. Campbell also will tweak more than 60 percent of its condensed soups, reducing sodium in 23 of them by up to 45 percent. The world's biggest soupmaker now anticipates full-year sales will rise 2.5 percent to 3.5 percent, down from its prior outlook for a 4 percent to 5 percent increase. lowered its fiscal 2010 sales forecast as competition heats up in the soup business and said it will cut sodium and revamp the packaging for some of its soups. Duane Reade's 2009 sales totaled about $1.8 billion Walgreens had sales of $63.34 billion.Ĭampbell cuts sales outlook, sodium contentĬampbell Soup Co. Duane Reade's 257 stores will keep their name, which comes from two lower Manhattan streets, for now. agreed to buy New York City's biggest drugstore chain, privately held Duane Reade Holdings Inc., in a $623 million deal that would quadruple the number of Walgreens stores in New York, where until now it has been a bit player. You can reach me at This discussion is not intended as legal advice, and cannot be relied upon for any purpose without the services of a qualified professional.Walgreen Co. Prime Minister David Cameron’s UK government have called for increased protection of British companies in takeover negotiations where there is a national interest at stake.
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tax code is not competitive, driving U.S. tax code isn’t easy, especially since many American businesses and legislators don’t think the problem is patriotism. Activists Slam Possible Walgreen Tax Move as 'Unpatriotic', while AB had its own run-in with being called that, reincorporating from the United Kingdom to Switzerland in 2008.īut fixing the U.S. In February 2015, Walgreens has an option to buy the remaining 55%, which could spell inversion. In 2012, Walgreens bought a 45% equity stake. The Walgreens deal dates to 2012, when Walgreens moved to buy Alliance Boots (AB), Europe’s largest drug wholesaler and retailer. Still, Congress is likely to restrict inversions and make them more foreign. If one competitor cuts its effective tax rate by, say, 10%, others believe they should too. companies that expect much of their sales growth outside the U.S.-say China or India-have a special reason to go offshore.
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