Friday, November 12, 1999
TRISTATE MARKET SPOTLIGHT
Omnicare advances 20 percent
Shares of Omnicare Inc. gained $1.811/4, or 20 percent, to close Thursday at $10.871/2.
The Covington company provides professional pharmacy and data-management services to skilled nursing, assisted-living and other institutional health-care providers.
Such providers stand to receive $11 billion more in Medicare payments under an agreement reached Thursday between White House and congressional negotiators. Caregivers have argued that cuts imposed in 1997 have put too big a squeeze on the fees they get to care for the elderly and disabled.
Starbucks' success jolts P&G to act
Stadium to carry 5/3 name
Ball Furniture liquidation wrapping up
Delta-Comair lawsuit likely to be settled
HMO keeps last say on therapy
Millions lost to druggists' shorting
Women hit walls on some levels
No account? No cash from ATMs
TRISTATE BUSINESS SUMMARY
INDUSTRY NOTES: MANUFACTURING
PEOPLE ON THE MOVE
TRISTATE MARKET SPOTLIGHT