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News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
Walgreens Boots Alliance warns of retail challenges in US
...Pharmacy group Walgreens Boots Alliance warned of a “challenging retail environment” in the US as it said that earnings for the year would not hit the top of the previously flagged range....
March 28, 2024
News updates from January 4: US air strike kills Iran-backed militia commander, German inflation rises to 3.8%
Walgreens Boots Alliance slashes dividend by 48%
...Pharmacy group Walgreens Boots Alliance cut its dividend but reported better than expected quarterly profits, as the company deals with falling sales of Covid-19 vaccines and tests....
January 4, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
News updates from October 11: Fed minutes show ‘two-sided’ risks, ExxonMobil agrees to $60bn deal Pioneer deal
Walgreens Boots Alliance appoints former Cigna exec as CEO
...Pharmacy group Walgreens Boots Alliance has appointed a former Cigna executive as its new chief executive, after the group’s former CEO abruptly stepped down last month....
October 11, 2023
LexBoots UK Ltd
Boots: one step closer to the block Premium content
...The UK pharmaceutical retailer’s transfer of £4.8bn of pension obligations to insurer Legal & General brings its potential sale by owner Walgreens Boots Alliance one step closer....
November 24, 2023
LexWalgreen Co
Walgreens: new CEO may decide Boots was made for hawking Premium content
...Walgreens Boots Alliance is an ailing company in desperate need of a new prescription for growth....
October 11, 2023
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
S&P 500 falls from record high to start second quarter on back foot
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
April 1, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
S&P 500 falls from record high to start second quarter on back foot
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
April 1, 2024
Walgreens Boots Alliance Inc
Walgreens Boots chief Rosalind Brewer steps down after latest profit forecast downgrade
...Rosalind Brewer has abruptly stepped down as chief executive of Walgreens Boots Alliance after two and a half years when the US-listed pharmacy group’s valuation halved and the group abandoned a planned...
September 1, 2023
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
What to watch in North America today
...Walgreens Boots Alliance: The pharmacy chain is expected to report that revenues increased about 3 per cent in the three months ending February....
March 28, 2024
Boots UK Ltd
Boots offloads £4.8bn pension scheme to Legal & General
...Boots has agreed to transfer £4.8bn of pension obligations to insurer Legal & General in a deal that paves the way for a potential sale of the UK’s largest pharmacy chain by owner Walgreens Boots Alliance...
November 24, 2023
Walgreens Boots Alliance Inc
Boots and Walgreens to close 450 branches across UK and US
...Boots will close 300 stores in the UK and a further 150 Walgreens branches in the US over the next year as parent company Walgreens Boots Alliance seeks to “optimise” locations....
June 27, 2023
US Securities and Exchange Commission
The rise of the sloppy SEC filing
...Or this, from the related exhibits to the latest 10-K annual report produced by Walgreens Boots Alliance: Other Termination of Service....
January 29, 2024
The Week Ahead
Courtroom politics
...Retail is a theme this week, with figures also due (in no particular order) from JD Sports, Kingfisher, Walgreens Boots Alliance, Asos and Ocado....
March 24, 2024
Next PLC
Next boss warns of stock delays as Red Sea disruption takes toll
...Walgreens Boots Alliance will cut its quarterly dividend by 48 per cent to 25 cents per share from the previous quarter to free up capital to invest in the business....
January 4, 2024
LexElaine Moore
The Lex Newsletter: how many jobs is too many? Premium content
...Walgreens Boots Alliance needs new ideas for growth. After cutting full-year earnings guidance, Lex thinks the US drugstore operator may revive plans to sell UK business Boots....
October 13, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthRetail & Consumer industry
Worker unrest adds to US drugstore woes as Covid vaccine sales dwindle
...Walgreens Boots Alliance announced a $1bn cost-cutting plan last month as a new chief executive stepped in following the departure of former boss Rosalind Brewer....
November 12, 2023
FirstFT
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter Premium content
...Results: The pharmacy chain Walgreens Boots Alliance is expected to report that revenues increased about 3 per cent in the three months that ended February, but earnings are forecast to decline by 59 per...
March 28, 2024
News updates from October 12: US inflation hotter than expected in September, FCA bans Staley
What to watch in North America today
...Earnings: US carrier Delta Air Lines, pharmacy chain Walgreens Boots Alliance, and fast-food chain Domino’s pizza all report their latest quarterly earnings before the opening bell....
October 12, 2023
FirstFT
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter
...Results: Arbuthnot Banking Group, Capricorn Energy, JD Sports and Walgreens Boots Alliance report. Five more top stories 1....
March 28, 2024
Live news updates from March 28: Dimon to be deposed in Epstein lawsuits, Alibaba to split into six
Walgreens profits hit by falling demand for Covid-19 tests
...Profits at pharmacy chain Walgreens Boots Alliance dropped in the third quarter, as demand for Covid-19 tests and vaccines plunged....
March 28, 2023
Live news updates from March 7: Powell takes a hawkish note, Ukraine denies sabotaging Nord Stream
California governor cuts business ties with Walgreens over abortion pill stance
...California’s governor said the state will not do business with companies that “put women’s lives at risk”, singling out Walgreens Boots Alliance just days after the pharmacy chain said it would not distribute...
March 6, 2023
Live news updates from March 6: Taiwan’s president to visit US, Tesla enacts second price cut of 2023
California will not do business with Walgreens over abortion pill issue - governor
...California’s governor said the state will not do business with companies that “put women’s lives at risk”, singling out Walgreens Boots Alliance just days after the pharmacy chain said it would not distribute...
March 6, 2023
News updates from June 27: Russia drops Wagner charges, Lukashenko says Prigozhin is in Belarus
What to watch in North America today
...Earnings: Walgreens Boots Alliance is expected to report a 5 per cent year-on-year increase in third-quarter revenue to $34.2bn when the pharmacy chain announces results this morning....
June 27, 2023
The Week Ahead
Keir Starmer prepares a pivotal speech and US Republicans seek a Speaker
...Boots Alliance Q4, Wise Q2 trading update Friday China: September CPI and producer price index (PPI) inflation rate data....
October 8, 2023
LexMergers & Acquisitions
Walgreens: US healthcare land-grab intensifies with $9bn deal Premium content
...Walgreens Boots Alliance is hoping the sector — a fast-growing segment of US healthcare — can provide a much needed salve for its own aches and pains....
November 7, 2022

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