Drug Retail

Goldman Sachs is out with its report today on Walgreen Company (NYSE: WAG), maintaining Buy. In a note to clients, Goldman Sachs writes, "Walgreen recently announced its intent to acquire drugstore.com, a leading Internet retailer of OTC pharmacy, vision products, and beauty care. The purchase...

According to Jefferies, Walgreen's (NYSE: WAG) purchase of drugstore.com, while small on the relative scale, appears positive in its view as it strengthens and broadens WAG's core area of expertise and provides a foray into the fast-growing online retail channel. Jefferies reported that Walgreen...

By 10:30 am, the Dow Jones Industrial Average was up 32.55 points, or 0.27%, to 12,118.57, while the broader Standard & Poor's 500 index had gained 3.29 points, or 0.25%. The NASDAQ composite index rose 12.10 points, or 0.45%. Some of the narrow based indexes that are driving the markets are...

Drugstore.com Inc (NASDAQ: DSCM) climbed 112.29% to $3.80 at 9:42 am. Walgreen Co (NYSE: WAG) agreed to buy DSCM for around $429 million in cash. TranS1 Inc (NASDAQ: TSON) shares surged 28.22% to $4.18. TSON received Food and Drug Administration (FDA) approval for a spinal implant system....

Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) and online retailer drugstore.com, inc. (NASDAQ: DSCM) today announced a definitive merger agreement pursuant to which Walgreens will acquire drugstore.com in a transaction with a total enterprise value of approximately $409 million. Under the terms of the...

Goldman Sachs reiterates its CL-Buy on Walgreen Co. (NYSE: WAG). Importantly, higher product costs should not be a dominant issue for drug stores, given their convenience orientation and low-price visibility, which should enable them to pass through increases at least as effectively as discount...

Jefferies has reported on the opportunities available for Walgreen Co. (NYSE: WAG). In the report Jefferies writes, "Walgreens stands to benefit from improving in-store execution and merchandising, which are clearly taking hold at retail, cost control, significant cash for share repurchases and...

In a report published by Morgan Stanley, Walgreens (NYSE: WAG) cost control and 2012 generics thesis is intact. Morgan Stanley said that it views today's 7% WAG selloff as a buying opportunity. “Walgreens delivered a slightly better than expected 2Q, but we believe investors were anticipating...

Walgreen (NYSE: WAG), Dollar General (NYSE: DG) and Express (NYSE: EXPR) all reported higher quarterly profits Tuesday morning, with Dollar General and Express both beating Wall Street consensus earnings estimates. With news like this, it may be beneficial for an investor to take a closer look at...

Walgreen Co (NYSE: WAG) reported F2Q11 EPS of $0.80 per diluted share, in-line with Citi's estimate of $0.80 and consensus of $0.80, and vs. $0.68 LY. Reported EPS included a (-$0.01) impact from restructuring and restructuring-related costs associated with the company's Rewiring for Growth...

Shares of Walgreen Co (NYSE: WAG) dropped about 5% after the company reported its Q2 net earnings at $739 million, or $0.80 per share, compared with $669 million, or $0.68 per share, in the year-earlier period. The company's Q2 sales increased 8.9% to $18.5 billion. However, analysts were expecting...

Walgreen Reports Q2 EPS of $0.80 Walgreen Company (NYSE: WAG) reported its Q2 EPS at $0.80, versus the consensus of $0.80. WAG reported its Q2 revenue at $18.50 billion, versus the consensus of $18.39 billion. WAG shares fell 0.10% to $41.93 in after-hours trading. Read more from Benzinga's...

Walgreens (NYSE: WAG) Reports Adjusted Q2 EPS $0.82 Vs. $0.80 Estimate (WAG) Walgreens (NYSE: WAG) reports adjusted Q2 EPS $0.82 versus the $0.80 Street EPS estimate. Same-store sales for Q2 were +4.3%.

Adobe Systems Incorporated (NASDAQ: ADBE) is expected to report its Q1 EPS at $0.57 on revenue of $1.03 billion. Cintas Corporation (NASDAQ: CTAS) is estimated to report its Q3 EPS at $0.36 on revenue of $907.56 million. Walgreen Company (NYSE: WAG) is projected to report its Q2 EPS at $0.80 on...

Some of the stocks that may grab investor focus today are: Wall Street expects Adobe Systems Incorporated (NASDAQ: ADBE) to report its Q1 EPS at $0.57 on revenue of $1.03 billion. ADBE shares fell 0.09% to $32.31 in after-hours trading. Analysts are expecting Discover Financial Services (NYSE:...