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...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....
...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....
...It may have been spooked by Walgreens....
...Rosalind Brewer, the company’s previous chief executive, stepped down in September following a two and half year tenure in which the US-listed pharmacy group’s valuation halved and it abandoned a planned...
...Walgreens Boots Alliance is an ailing company in desperate need of a new prescription for growth....
...Walgreens Boots and Brewer mutually agreed for her to step down as CEO and member of the board where she has served since 2010, the company said on Friday....
...But to the extent that theft did rise, the experience serves as a cautionary tale about the limits of automation even as a wider range of companies tout the cost-saving potential of artificial intelligence...
...The push into prescriptions and drug delivery is unusual for a pharmaceutical manufacturer, pitting Eli Lilly against US pharmacy chains such as CVS and Walgreens. Read more here...
...She would continue to advise the company as it searched for a permanent successor....
...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....
...Plus, it turns out that there was a fudge by some UK companies involved in four-day-a-week experiments. Instead of cutting an entire day, they released employees from a few hours of work....
...Union organisers at companies including Starbucks and Amazon have so far struggled to secure new contracts....
...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....
...Rosalind Brewer, Walgreens’ former chief executive, at the time signalled that the company would consider other deal options....
...That would strongly suggest to us it’s a copy/paste error, which is, you know, perhaps not what you’d hope for in a document compiled by high-powered lawyers....
...The push into prescriptions and drug delivery is unusual for a pharmaceutical manufacturer, pitting Eli Lilly against pharmacies such as CVS and Walgreens....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week. Monday Greece: Independence Day....
...ConAgra Brands: Earnings and sales at the consumer packaged foods company are projected to have declined to 68 cents a share on revenue of $3.2bn in the September-November period....
...The company said it expected to make pre-tax profits of £905mn on sales of £4.7bn for the year ending in January, which would be a record high, compared with previous guidance in November of £885mn in profits...
...d this year and 1.8mn b/d in 2025....
...Boots has agreed to transfer a £4.8bn pension scheme to insurer Legal & General in a deal that paves the way for a potential sale of the pharmacy chain by owner Walgreens....
...Ski resort company Vail Resorts fell 7 per cent after reporting a fall in full-year on the year, slightly missing analysts’ expectations....
...The company produced an average of 10.7mn b/d of crude oil and other liquids last year, down from 11.5mn b/d in 2022....
...It goes through the history of the company, from how it began to where it is now....
...Last year, Bluebell called on BP to increase its production target to 2.5mn b/d of oil equivalent by 2030, arguing that it was destroying shareholder value by moving away from hydrocarbons faster than society...
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