News on Walgreens (Ticker: WAG) continually updated from thousands of sources around the net.
2 hrs ago | Seeking Alpha
The stock is quite cheap, with a P/E ratio of 8.6 and free cash flow yield over 9%.
In afternoon trading, a bullish speculator bought to open a block of 27,241 August 80 calls for the ask price of $0.60 each, while simultaneously selling to open an equivalent number of August 85 calls for $0.15 each .
Earnings for AmerisourceBergen, the world's largest drug distributor, climbed 38% to $1.01 per share in its fiscal third quarter as revenue jumped 39% to $30.35 billion.
Crain's Chicago Business reports on noted socialist Jan Schakowsky warning Walgreens: The flap over big companies moving their headquarters abroad to avoid U.S. taxes continues to build, with a protest in Chicago, a letter from a Chicago-area congressman aimed at Walgreen Co.
On the opening day of the National Urban League Annual Conference, Marc Morial, National Urban League president and CEO, and John Gremer, Walgreens director of community affairs, announced with AARP, more than one million people nationwide received free health tests and education through the Walgreens Way to Well Health Tour .
Striking a populist stand ahead of the midterm elections, President Barack Obama is demanding "economic patriotism" from American corporations that seek overseas mergers to avoid U.S. taxes.
Walgreens is the pharmacy that, at least according to its website, can be found "at the corner of Happy & Healthy."
Mark Mazur, assistant U.S. treasury secretary for tax policy, wrote a blog post defending the proposition that rules discouraging tax inversions ought to be applied retroactively.
Minnesota's first TargetExpress was set to open Wednesday, July 23, 2014, near the University of Minnesota campus.
The Walgreen Co. is about to get a new look as the drugstore chain expands a test to make its stores more open, more colorful and easier to shop, according to The Chicago Tribune .
Balloons in the "Health Corner" conference room, used to host customer programs with local doctors and heathcare experts, at a Walgreen Co.
But - without prompting - he then went on to say that the state should divest itself of any pension investments in companies "that move jobs overseas out of Illinois."
With some of the area's largest corporations considering taking their headquarters to foreign soil, both Rep. Brad Schneider and his challenger, former Rep. Robert Dold , want to see government action.
Illinois Sen. Dick Durbin on Tuesday urged Walgreen Co. to reconsider a possible move of its headquarters to Switzerland to lower its U.S. tax bill.
Watching big pharmaceutical companies and other major U.S. corporations line up to make foreign acquisitions that will bring them a low-tax haven as headquarters, a middle market CEO/owner/entrepreneur could easily become jealous.
Updated: Fri Jul 25, 2014 07:10 am
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