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Once Again, Walgreens May Try To Sell U.K. Boots Pharmacies
Forbes· 2024-05-13 17:06
Walgreens Boots Alliance is once again attempting to sell its Boots pharmacies in the United Kingdom ... [+] as the company chief executive officer Tim Wentworth and his new management team review the company’s businesses. In this photo, members of the public walk past a branch of Boots the chemist on Oxford Street on August 6, 2014 in London, England. (Photo by Oli Scarff/Getty Images)Getty ImagesWalgreens Boots Alliance is reportedly once again attempting to sell its Boots pharmacies in the United Kingdom ...
Walmart Is Closing Down Its Health Clinics. That's Not a Good Sign for Walgreens
The Motley Fool· 2024-05-11 07:55
If Walmart struggled with launching health clinics, is there any hope that Walgreens could succeed?Walgreens Boots Alliance (WBA -0.35%) is in the midst of a turnaround strategy that includes launching hundreds of health clinics. In recent years, Walmart (WMT 0.07%) has also shown interest in healthcare, opening dozens of health centers nationwide within its stores. But last week, Walmart announced it's giving up on that strategy.Walgreens investors may be breathing a sigh of relief, knowing that the compan ...
Walgreens stock price forecast: is it too cheap or a value trap?
Invezz· 2024-05-01 13:35
Walgreens Boots Alliance (NYSE: WBA) stock price has become a toxic wasteland. It crashed to a low of $17 on Wednesday, much lower than its all-time high of $71.50, a 76% plunge. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Walgreens has lost $85 billion in valueCopy link to sectionIts market cap has plummeted from over $100 billion to about $15 billion, a move that has left it severely undervalued. Data by SeekingAlpha shows that the company spots ...
Walgreens to help bring cell and gene therapies to patients as it expands specialty pharmacy services
CNBC· 2024-04-25 04:01
A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Walgreens on Thursday said it will start to work directly with drugmakers to bring cell and gene therapies to U.S. patients as part of a broader expansion of its specialty pharmacy services.The company said it is launching a new business unit dedicated to its specialty pharmacy segment, which will include specialty pharmacy subsidiary AllianceRx. The unit will fall under its core U.S. ...
Walgreens To Launch $24 Billion Business Dedicated To Specialty Pharmacy
Forbes· 2024-04-25 04:01
Walgreens is launching Walgreens Specialty Pharmacy, a business that will integrate a new gene and ... [+] cell services business with AllianceRx, the company said April 25, 2024. In this photo is a Walgreens store on April 02, 2019 in Miami, Florida. (Photo by Joe Raedle/Getty Images)Getty ImagesWalgreens is launching Walgreens Specialty Pharmacy, a $24 billion business that integrates new gene and cell services with existing pharmacy assets including the large specialty pharmacy and home delivery business ...
Walgreens Layoffs 2024: What to Know About the Latest WBA Job Cuts
InvestorPlace· 2024-04-18 14:56
Walgreens (NASDAQ:WBA) layoffs are a hot topic on Thursday after the pharmacy company announced plans to cut jobs!The latest statement notes that Walgreens isn’t revealing the number of employees who are being cut in these layoffs. However, it does note that the majority of the headcount reductions will take place at its facilities in Chicago.To go along with this, the company is reducing workers’ hours as well. That will see its storefront employees deal with a 4% to 7% reduction in work hours. All of thes ...
Foundation for Sarcoidosis Research and Walgreens Unite in Alabama to Boost Sarcoidosis Awareness and Spring Vaccine Education for April Awareness Month
Newsfilter· 2024-04-15 22:31
  CHICAGO, April 15, 2024 (GLOBE NEWSWIRE) -- Beginning April 15th, Walgreens, a pharmacy and retail leader who plays a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for the nation's medically underserved populations, and Foundation for Sarcoidosis Research (FSR), the leading international sarcoidosis organization, are proud to announce its renewed partnership to raise education and awareness abo ...
Is Walgreens Boots Alliance's Dividend Still Safe?
The Motley Fool· 2024-04-07 09:35
Just because Walgreens' dividend yield is lower doesn't mean the payout is secure.At the start of 2024, Walgreens Boots Alliance (WBA 0.79%) made a big move, announcing that it would be slashing its dividend by 48%. While it was bad news for income investors relying on the dividend, it was a decision that shouldn't have come as too big of a surprise given the company's lackluster earnings results and poor financials. But given the stock's struggles, Walgreens' dividend yield remains high at around 5%.The co ...
Walgreens Boots Alliance, Inc. (WBA) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-04-04 14:05
Walgreens Boots Alliance (WBA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this largest U.S. drugstore chain have returned -11.4%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Retail - Pharmacies and Drug Stores industry, which Walgreens falls in, has lost 1.5%. The key question now is: Wha ...
Walgreens Boots Alliance Stock Has 87% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-04-03 15:34
A dirt cheap valuation is at the core of the lofty price target.It's been a difficult decade for investors in retail and pharmacy company Walgreens Boots Alliance (WBA 0.88%). The stock has been trending downward for years as persistent challenges soured market sentiment.An analyst at TD Cowen remains optimistic that Walgreens stock could see a major rebound. While TD Cowen reduced its price target from $37 to $35 today, it maintained a buy rating on the stock. Based on the current stock price, the new pric ...