walgreen
Is Walgreen Giving Away Too Much Cash With Its Increased Dividend?
1:00PM 7/25/2011
Investing, Health Care, Stock Picks, Retail, Stocks in the News, Market News
Walgreen, the leading U.S. pharmacy chain, recently increased its quarterly dividend by 28.6%, the largest increase in the company's 110-year history, from 17.5 cents a share to 22.5 cents a share. But is it giving away cash it's really going to need for its expansion plans?
Why Shrinking Drugstores Are Good for CVS, Not So Good for Walgreens
11:00AM 7/12/2011
CVS Caremark and Walgreen are the leading pharmacy chains in the U.S. While both have been aggressively expanding their retail footprints, there has been a gradual decrease in the average size of the newly opened stores. Here's why they're going small, and what it means for their profits.
Medical Disinfecting Wipes: FDA Adds to the Recall
5:05PM 4/25/2011
Amid a new round of recalls of medical disinfecting wipes, a U.S. Food and Drug Administration inspection report of a pair of businesses at the center of the recalls detailed manufacturing violations that prompted the agency to seize more than $6 million in medical products at the Hartland, Wis.,...
Walgreens Buys Drugstore.com, Amazon Buys Soap.com
3:00PM 3/25/2011
Walgreen drugstore chain is buying Drugstore.com for $409 million. That's nearly 102% more than the company is valued at, but the move lets the traditional retailer gain a foothold on the Internet that it's been unable to do on its own.
"Drugstore.com significantly accelerates our multi-channel...
Walgreen Buys Drugstore.com for Twice Its Market Value
3:20PM 3/24/2011
Company News, Health Care, Wal-Mart Stores, Amazon.com, Procter & Gamble, Retail
After years of trying to expand its online presence through organic growth, giant drug store chain Walgreen has decided to buy a bigger Web footprint, acquiring drugstore.com, the country's eighth-largest e-tailer -- and it's paying a premium price.
Week in Preview: Discover, Oracle and Tiffany Earnings
8:00AM 3/20/2011
Economy, Investing, Earnings, Oracle, Tiffany & Co, Stocks in the News
Oracle, Discover and Tiffany are all expected to report year-over-year growth for their most recent quarters this week. Meanwhile, many will be looking for an updated snapshot of the housing market, with three sets of real-estate data coming out.
Is Borders' Bankruptcy the End of Brick and Mortar Stores?
3:00PM 3/01/2011
Borders' recent bankruptcy filing is just the latest in a string of signs the Internet, e-books, iPad and other technology are pulling shoppers away from brick and mortar stores, and these signs have retail observers wondering if the demise of physical stores is just getting started.
Stores that...
Face-Off on Stocks: Walgreen, CVS, Rite Aid [Video]
4:00PM 12/22/2010
Not everyone is happy about the mild start to the cold-and-flu season. The nation's drugstore chains, already under pricing pressure from Walmart and each other, would be happier if the rest of us had coughs and sniffles. Here are bull and bear cases for the three big chains. [Video]
McDonalds, Gawker, and Walgreen Hit by Online Security Breaches
9:45AM 12/14/2010
This is a busy time of year for hackers out to steal personal and financial information during the hectic online holiday shopping season. Among the big companies recently hit are McDonald's, Gawker and Walgreen. Don't let your vigilance slip amid the merrymaking.
Walgreen CFO Arrested on Drunk Driving Charges ... Again
9:03AM 10/19/2010
Walgreen Chief Financial Officer Wade Miquelon was arrested on drunk driving charges last month -- his second such arrest in a little more than a year. The drugstore chain calls it a personal matter, but when it comes to executives, when does personal irresponsibility become a corporate problem?
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