The plant in Rocky Mount, N.C., produces a quarter of the sterile injectable medicines used by U.S. hospitals.
The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation.
Slowdowns in inflows and core earnings are the immediate questions, but bigger opportunities still loom.
Three large U.S. airlines have reported strong quarterly sales and profits in recent days because of strong demand, high fares and relatively low fuel prices.
The housing market is coming back, lowering the odds of an overall economic downturn.
The syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6.
A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard.
The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday.
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate of 4.16 million.
Passing that milestone puts the firm in the same league as mutual fund behemoths and banking giants.