News on Walgreens (Ticker: WAG) continually updated from thousands of sources around the net.
11 hrs ago | The Star
Nails have become the ultimate form of self-expression in beauty. From classic French manicures and gel finishes to elaborate designs and bold neons, nails reflect your own unique style.
15 hrs ago | Bellingham Herald
Quinn, a Chicago Democrat, remains locked in one of the most competitive governors' races nationwide with a challenge from Bruce Rauner.
18 hrs ago | Examiner.com
Walgreens shareholders want the U.S. pharmacy chain to consider relocating to Europe.
20 hrs ago | Crain's Chicago Busines
Hertz Global Holdings Inc. is looking to partner with Walgreen Co. as it tries to expand its service away from airports and Hertz locations.
In an article published Monday in "Tax Notes," a journal for accountants and tax lawyers, Stephen Shay, a former Treasury official under the Reagan and Obama administrations and currently a Harvard Law School professor, wrote that President Obama may invoke a 1969 tax law to accomplish this aim.
But many here in this small river town where the founder of the company got his start complain that the drugstore chain is on the precipice of turning its back on the USA.
The delisting process begins when the company's average closing price falls below .
Rite Aid Corporation is sinking this afternoon, off 3.6% at $7.12. Elsewhere, options volume has picked up slightly, with calls holding a decisive advantage over puts, and the stock's 30-day at-the-money implied volatility has popped 3.3% to 36.4%, indicating elevated demand for short-term options.
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 .
Updated: Wed Jul 30, 2014 10:41 pm
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