Walgreens Boots Alliance Inc

Amazon’s deals don’t instill the same fear in rivals as before
June 16, 2017. It’s likely a day many retailers can recall vividly. A sleepy Friday morning was disrupted by the surprising announcement that e-commerce giant Amazon was going to buy organic grocer Whole Foods. The upheaval was immediate. Not only did the news send shares of grocer Kroger into a tailspin, a broad swath of […]
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Three stock market themes to play in the third quarter
The health care sector is often a sleepy performer but in this market turmoil it may prove to be one of the areas of not only safety in the third quarter — but growth. The third quarter could be a turbulent time, after the worst first half for stocks since 1970. As investors fear rampant […]
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Activist investor group asks SEC to investigate Tesla over plan to shrink board
Elon Musk, here seen at an event in New York in early-May, is being aggressively wooed to set up facilities to produce his electric vehicles “end-to end” in resource-rich Indonesia. Taylor Hill | Getty Images Entertainment | Getty Images Activist investors SOC Investment Group have asked federal financial regulators to investigate Tesla over plans to […]
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Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group, sources say
A Kohl’s store in San Rafael, Calif. Getty Images Kohl’s is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two people familiar with the matter told CNBC on Thursday. The people requested anonymity because a decision from Kohl’s has not been publicly announced. Representatives from Kohl’s and Franchise Group didn’t […]
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Stocks making the biggest moves midday: RH, Carnival, Universal Health Services and more
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines in midday trading Thursday. RH — Shares of RH fell 10.6% after the high-end furniture chain slashed its full-year outlook and said consumer demand for its products could continue to soften in […]
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Walgreens profits squeezed as Covid vaccines wane, company invests in health-care business
Walgreens Boots Alliance on Thursday said its quarterly sales declined and profits got hit by waning Covid-19 vaccination demand, heavy investments in its health care business and an opioid settlement with Florida. Shares were down by about 4% in morning trading. The drugstore chain stood by its full-year forecast, saying it expects adjusted earnings per […]
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Stocks making the biggest moves premarket: Walgreens, Constellation Brands, RH and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator earned an adjusted 96 cents per share for its latest quarter, 4 cents above estimates, with revenue also beating analyst forecasts. Walgreens also reaffirmed its full-year guidance, forecasting low-single-digit adjusted earnings growth. The stock fell 2.7% in premarket action. […]
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5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day: 1. S&P on track to finish its worst first half in 52 years Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Stock futures fell Thursday morning, as investors continued to weigh the ongoing impact of inflation, […]
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CVS removes purchase limit on Plan B pills, says sales have ‘returned to normal’
Plan B One-step birth control in CVS Pharmacy, Boston, MA. Ucg | Universal Images Group | Getty Images CVS is removing the purchase limit it had put on emergency contraceptive pills following last week’s Supreme Court ruling, the chain said Tuesday. The reversal comes as sales have dipped back to normal levels and will be […]
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