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...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....
...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....
...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....
...Walgreens Boots Alliance is an ailing company in desperate need of a new prescription for growth....
...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...
...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...
...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....
...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....
...Or this, from the related exhibits to the latest 10-K annual report produced by Walgreens Boots Alliance: Other Termination of Service....
...Share moves to note on the New York Stock Exchange include Walgreens Boots Alliance, Domino’s Pizza, and Hormel Foods: Walgreens was up almost 6 per cent, after the company announced its plans to cut $1bn...
...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....
...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....
...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....
...Profits at pharmacy chain Walgreens Boots Alliance dropped in the third quarter, as demand for Covid-19 tests and vaccines plunged....
...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...
...Corporate earnings: Accsys Technologies, Prosus, Telecom Plus and Wise release full-year results, while Walgreens Boots Alliance issues third-quarter data and Petrofac and PZ Cussons provide trading updates...
...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....
...Boots Alliance Q4, Wise Q2 trading update Friday China: September CPI and producer price index (PPI) inflation rate data....
...The deal paves the way for a potential sale of the UK’s largest pharmacy chain by owner Walgreens Boots Alliance....
...Weak performance by companies such as Coca-Cola, Target, Walgreens Boots, Dollar Tree and Dollar General are a big part of that story — and a trend worth watching, given that the strong consumer is such...
...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....
...Parent company Walgreens Boots Alliance on Thursday said the quarter was the seventh consecutive period in which Boots’ retail market share had increased....
...The only other sector in which WPP suffered a large drop in ad spend was retail, falling 7.9 per cent — in large part because of the loss of Walgreens Boots Alliance as a client....
...KKR wants to be more like Berkshire US private equity giant KKR is famed on Wall Street for stalking corporate targets from RJR Nabisco to Alliance Boots and US Foods....
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