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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Mar 14, 2012

Page

10

Judge upholds suspension of two Florida CVS stores

A federal judge refused to block the DEA order suspending two Orlando area CVS pharmacies from dispensing controlled substances amid claims of lax enforcement of oxycodone rules. The decision follows earlier temporary relief granted to the stores.

Florida Washington, D.C Drug Enforcement Administration CVS Reggie Walton DEA Cardinal Health Lakeland Fla

Discover Financial to buy back up to 2 billion in stock

Discover Financial Services announced a two year stock repurchase plan up to 2 billion dollars ending March 22 2014 replacing an earlier plan with 575 million left of 1 billion The company declared a quarterly dividend of 10 cents payable April 19 to holders of record April 5 and said the Fed did not object to returning capital to shareholders Shares traded around 32 per share with a high of 32.10 intraday. Southwest Airlines projects a first quarter loss due to higher fuel costs and softer spring bookings Chief Financial Officer Laura Wright cited jet fuel around 3.50 per gallon versus 3.35 expected and said booking trends may indicate a broader economy impact.

Riverwoods, Ill Discover Financial Services Federal Reserve Discover Financial Dallas Southwest Airlines Co Laura Wright Wright

Wells Fargo Nearly Doubles First Quarter Dividend

Wells Fargo & Co says it will nearly double its quarterly dividend after passing the Federal Reserve stress test. The bank had paid 12 cents per share previously and will pay 10 cents on March 30 to shareholders of record March 26, bringing the total to 22 cents. Other major banks like U S Bancorp and JPMorgan Chase also plan boosts after the test. Citigroup failed to show sufficient capital.

San Francisco Wells Fargo & Co Federal Reserve Fed U.S. Bancorp Jpmorgan Chase U.S

Prepaid Card Firms Trial Fee Disclosure Box

Three major prepaid debit card issuers will test a new fee disclosure box, designed by a nonprofit to help consumers compare costs. The Center for Financial Services Innovation urged regulators to improve disclosures and protections for prepaid card users.

Washington, D.C Center For Financial Services Innovation David Newville CFSI

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