Drug Retail

Although the severe H1N1 alarm will not mark this year's flu season, drug retailers such as Walgreen (WAG) and CVS Caremark Corporation (CVS) are gearing up to tackle this year's flu season. Walgreen's is preparing to provide flu shots to more customers and has also increased advertising to meet...

CVS Caremark (NYSE: CVS) announced that it has appointed two of its senior Executives (Mike Bloom, EVP Merchandising and Supply Chain, and Scott Baker, EVP Internal Operations and Real Estate) as Interim Co-Presidents of CVS/Pharmacy, Citigroup reports. “Recall, that the company had originally...

CVS Caremark (NYSE: CVS) today announced that it has appointed its two highest ranking retail executives to jointly lead its CVS/pharmacy business, reporting directly to Larry Merlo, President and Chief Operating Officer of CVS Caremark. Effective immediately, Mike Bloom, EVP Merchandising and...

Walgreen Co. (NYSE: WAG) announced Graham W. Atkinson will be joining the company as SVP and Chief Customer Experience Officer, effective Jan. 24. He will report to President and CEO Greg Wasson. Mr. Atkinson will be responsible for developing and leading the company's loyalty strategies. The...

China Nepstar Chain Drugstore Ltd. (NYSE: NPD) today announced that the Board of Directors has declared a special cash dividend of US$0.30 per American Depositary Share, which represents a total value to shareholders of approximately US$31 million. The distribution of the special dividend is...

Shares of CVS Caremark Corporation (NYSE: CVS) are higher on the session by 0.46%, trading at $35.02. Overall put volume is now running at 4.50x the daily average, with 54% of all puts traded being purchases on the offer. 14,710 contracts have traded on the session so far. CVS Caremark Corporation...

Citigroup is out with a research report this morning, where it reiterates its Sell/High Risk rating on Walgreen Co. (NYSE: WAG); it has a $33.00 price target on the stock. The Citi analysts cited the company's recent shareholder meeting, where WAG was optimistic as it moves through F2011 for three...

The board of directors of Walgreen Co. (NYSE: WAG) today declared a regular quarterly dividend of 17.5 cents per share, a 27.3 percent increase over the year-ago dividend. The dividend is payable March 12, 2011, to shareholders of record Feb. 18, 2011.

According to the American Heart Association, one in three U.S. adults has high blood pressure, making hypertension among the leading conditions that can be controlled or managed through early detection. Walgreens (NYSE: WAG) is now offering free blood pressure testing through Sunday at all...

Walgreen Company (NYSE: WAG) is optimistic as it moves through F2011 for three reasons, Citigroup reports. The reasons are: 1) The CCR stores continue to gain traction 2) There is a significant opportunity to increase basket size with fresh food offerings 3) The expansion of the 90-day at retail Rx...

Walgreens (NYSE: WAG) is optimistic as it moves through F2011 for three reasons: the CCR stores continue to gain traction; there is a significant opportunity to increase basket size with fresh food offerings; and the expansion of the 90-day at retail Rx program. Citi believes a weak consumer and...

At Walgreens (NYSE: WAG) (NASDAQ: WAG) Annual Shareholders' Meeting today, Chairman Alan G. McNally, President and Chief Executive Officer Gregory D. Wasson, and Executive Vice President and Chief Financial Officer Wade D. Miquelon reviewed the company's performance and substantial progress...

Walgreen, Inc. (WAG) just hit a new multi-year high of $41.65 after jumping higher in late December on a 15%, Q1 earnings surprise. With a discounted PE relative to its peers and bullish 16% growth projection, this Zacks #1 rank stock has a prescription for momentum. Company Description Walgreen...

Walgreen, Inc. (WAG) just hit a new multi-year high of $41.65 after jumping higher in late December on a 15%, Q1 earnings surprise. With a discounted PE relative to its peers and bullish 16% growth projection, this Zacks #1 rank stock has a prescription for momentum. Company Description Walgreen...

Goldman Sachs has adjust price targets for the following companies: * Advance Auto Parts (NYSE: AAP) goes to $72 from $74. * CVS Caremark (NYSE: CVS) goes to $42 from $41. * Genuine Parts Company (NYSE: GPC) goes to $55 from $54. * O'Reilly Automotive (NASDAQ: ORLY) goes to $63 from $64. * Staples...