Stocks and Finance

Walgreen

Walgreen 5/3/2012

07:37 : Walgreen same-store sales dip 6.4%, miss the mark - NEW YORK (MarketWatch) -- Walgreen Co. said Thursday its April same-store sales fell 6.4%, below the estimate for a loss of 5.1% in a survey of analysts by Thomson Reuters. Total April sales fell 3.7% to $5.8 billion. Market Pulse Stories ...
Source : marketwatch-com

Walgreen 4/19/2012

12:01 : Hopes Of An Express Scripts Deal Gives Walgreen Stock Some Life - Walgreen's stock jumped 5% on Tuesday following its upgrade to UBS's 'most preferred' list. The upgrade was based on the speculation that it might soon renegotiate a fresh deal with its estranged Pharmacy Benefit Manager Express Scripts.
Source : forbes-com

Walgreen 4/11/2012

06:44 : UBS sees the dispute between Walgreen (WAG) and Express Scripts (ESRX) ... - UBS sees the dispute between Walgreen (WAG) and Express Scripts (ESRX) getting settled within two months as both firms feel the pressure of the PBM selling season right around the corner. A deal would add ...
Source : seekingalpha-com

Walgreen 4/9/2012

12:18 : Walgreen Needs To Mend Ties With Express Scripts Post Medco Merger - With the Express Scripts–Medco merger winning FTC approval to create a PBM giant with one-third market share, there could be implications for the drug retail giant Walgreen. At stake is the business it does with Medco, after having parted ...
Source : forbes-com

Walgreen 4/4/2012

07:30 : Walgreen same-store sales rise 1.2% - NEW YORK (MarketWatch) -- Walgreen Co. said on Wednesday that its March same-store sales rose 1.2%. Total sales for March fell 4.3% from a year ago, to$6.02 billion. The firm said its pharmacy sales fell 8.4%, while same-store pharmacy ...
Source : marketwatch-com

Walgreen 3/31/2012

12:02 : If Express-Medco Merge, Is A New Walgreen Deal In The Offing? - With the strong likelihood that the Express Scripts–Medco merger may go through very soon, there is fresh speculation that Walgreen may enter a new deal with Express Scripts. UBS expects the deal as soon ...
Source : forbes-com

Walgreen 3/29/2012

09:36 : Retail Earnings: Best Buy, Walgreen - Best Buy (BBY) announced that it earned $2.47 per share during is fiscal fourth quarter, exceeding analyst estimates of $2.15 per share. The company projected full year earnings of $3.50 to $3.80 per share, while analysts expected $3.70 ...
Source : forbes-com

Walgreen 3/27/2012

12:21 : Walgreen Profit Falls on Express Scripts Exit, Mild Flu Season - Walgreen Co.'s WAG +0.83%fiscal second-quarter earnings fell 7.7% as the drug store chain's exit from pharmacy-benefit manager Express Scripts Inc. ES...
08:24 : Walgreen Profit Falls 7.7% - Walgreen's earnings fell 7.7% as the drug store chain's exit from pharmacy-benefit manager Express Scripts network and a mild flu season weighed on its performance.
Source : wsj-com
07:03 : Walgreen fiscal 2Q profit slides nearly 8 percent - Drugstore operator Walgreen Co. says its fiscal second-quarter earnings fell almost 8 percent due in part to its decision to leave the Express Scripts pharmacy network and a slow flu season....
Source : usnews-com

Walgreen 3/26/2012

09:55 : Walgreen Earnings Preview: What We're Watching Tuesday - Walgreen plans to announce its Q2 results Tuesday. In the aftermath of its split with Express Scripts and a milder flu season, it has posted subdued sales for December, January and February with 9-10% fewer prescriptions ...
Source : forbes-com

Walgreen 3/22/2012

14:21 : Forbes Earnings Preview: Walgreen - In spite of an expected dip in profit, most analysts are positive about Walgreen (WAG) before it reports its second quarter earnings on Tuesday, March 27, 2012.
Source : forbes-com

Walgreen 3/16/2012

12:52 : S&P Capital IQ cuts Walgreen to hold from buy - CHICAGO (MarketWatch) -- S&P Capital IQ analyst Joseph Agnese downgraded retailer Walgreen Co. to hold from buy Friday, citing valuation concerns. The stock is getting close to his 12-month price target of $36. Agnese also cut his 2012 ...
Source : marketwatch-com

Walgreen 3/14/2012

09:33 : Rite Aid ([[RAD]] +6.4%) shares surge as Credit Suisse suggests a Walgreen - Rite Aid (RAD +6.4%) shares surge as Credit Suisse suggests a Walgreen (WAG) acquisition of the drugstore chain would make sense strategically given its contact dispute with Express Scripts and CVS ...
Source : seekingalpha-com

Walgreen 3/5/2012

10:11 : Walgreen February sales hit by Express Scripts exit - (Reuters) - Walgreen Co suffered a bit in February, with comparable sales down 4.6 percent in the second month that the largest U.S. drugstore chain did not fill prescriptions for patients in the Express Scripts Inc ...
Source : reuters-com

Walgreen 2/23/2012

15:04 : Express Scripts moves past split with Walgreen - Express Scripts Inc. says it is doing fine after breaking up with pharmacy operator Walgreen Co., but it won't rule out getting back together with the largest U.S. drugstore chain....
Source : usnews-com
14:25 : Express Scripts says moving on without Walgreen - Express Scripts Inc said on Thursday it was moving forward successfully without Walgreen Co in its pharmacy network, citing wide support from clients.
Source : ibtimes-com

Walgreen 2/6/2012

14:05 : Shares of Walgreen ([[WAG]] +2.3%) perk up on word that the Express Scripts - Shares of Walgreen (WAG +2.3%) perk up on word that the Express Scripts-Medco merger could be blocked. Traders see a slimmer Express Scripts as more likely to work out a prescription deal with Walgreen. ...
Source : seekingalpha-com

Walgreen 2/3/2012

10:44 : Walgreen sales hit by exit from Express Scripts - (Reuters) - Walgreen Co is being hit by its withdrawal from the Express Scripts Inc pharmacy network and by a much-weaker-than-expected flu season, leading it to temper its expectations for the number of prescriptions ...
Source : reuters-com
08:44 : Walgreen January same-store sales down 4.6% - NEW YORK (MarketWatch) -- Walgreen Co. said Friday its January same-store sales fell 4.6%. The company's comparable pharmacy sales dropped 7.9%, including negative impacts from generic drug introductions and other factors, including a ...
Source : marketwatch-com

Walgreen 1/30/2012

12:05 : Walgreen (WAG), still smarting from the end of its relationship with Expre - Walgreen (WAG), still smarting from the end of its relationship with Express Scripts, says it will "acquire the prescription files and inventory" of 33 Kmart (SHLD) pharmacies in 16 states. A number of Kmart locations ...
Source : seekingalpha-com

Walgreen 1/18/2012

14:40 : Express Scripts Dragging On Walgreen Stock - Walgreen is trying to minimize the impact of Express Scripts’ lost business through cutting costs and it expects to offset around 50% of gross profit reduction in fiscal 2012 (ending August 2012).
Source : forbes-com

Walgreen 1/15/2012

10:27 : Lawsuit Says Walgreen, Par Pharma Overcharged - A union benefits fund filed a class-action lawsuit against Walgreen and Par Pharmaceutical, accusing the companies of engaging in "at least two widespread schemes to overcharge" for generic drugs.
Source : wsj-com

Walgreen 1/4/2012

13:27 : Walgreen, Kroger and Supervalu restock Mead Johnson's ([[KJN]] -1.2%) ... - Walgreen, Kroger and Supervalu restock Mead Johnson's (KJN -1.2%) Enfamil after regulators last week declared that the baby formula was safe and clear of the bacteria that was linked to the death of a 10-day ...
Source : seekingalpha-com

Walgreen 12/30/2011

15:02 : Walgreen preps customers for loss of Express Scripts - (Reuters) - Walgreen Co said on Friday it will increase staffing at its call centers and offer discounts as it tries to hang on to customers once it stops filling prescriptions for Express Scripts Inc members on Sunday.
Source : reuters-com
13:42 : Walgreen pushes to keep Express Scripts clients - DEERFIELD, Ill. (AP) -- Walgreen CEO Greg Wasson says chances are probably slim to none that the drugstore operator will reach an agreement with pharmacy benefits manager Express Scripts before their current contract ...
Source : usnews-com

Walgreen 12/29/2011

08:07 : In a SEC filing (10-Q), Walgreen (WAG) warns that the loss of a contract ... - In a SEC filing (10-Q), Walgreen (WAG) warns that the loss of a contract with Express Scripts will affect revenue, profit, and cash flow for the remainder of FY12. The drugstore ...
Source : seekingalpha-com

Walgreen 12/21/2011

17:37 : Walgreen unlikely to make up with Express Scripts - Walgreen Co still believes it can succeed even if it stops filling prescriptions for Express Scripts Inc on January 1, and its stance suggests that the odds of the drugstore making up with the pharmacy benefits ...
Source : ibtimes-com
15:03 : Walgreen sinks as Express Scripts deal unlikely - Walgreen Co posted an unexpected drop in quarterly profit as the largest drugstore chain's margins were hurt in part by its contract dispute with pharmacy benefits manager Express Scripts Inc .
Source : ibtimes-com
13:45 : Walgreen 1Q Profit Falls 4.5% Amid Higher Costs - Walgreen Co.'s (WAG) fiscal first-quarter earnings fell 4.5% on higher costs as the drugstore chain says an attempt to secure a contract agreement wit...
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