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Jefferies Upgrades WAG To Buy
Tuesday, October 5, 2010 - 5:45am | 48Analysts at Jefferies upgrade Walgreen Company (NYSE: WAG) from "hold" to "buy." The target price for WAG is set to $45. Shares of WAG lost 1.69% to close at $33.11 yesterday. More Analyst Ratings here
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Walgreens Launches Nationwide Safe Medication Disposal Program
Thursday, September 30, 2010 - 9:03am | 89Walgreens (NYSE: WAG)(NASDAQ: WAG) has launched the first ongoing, nationwide Safe Medication Disposal Program, a safe and environmentally responsible way to dispose of unused or expired medications. For $2.99, customers can purchase a specially designed envelope available at any Walgreens...
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Rite Aid Reports 0.9% Decline In September Same-Store-Sales
Thursday, September 30, 2010 - 8:38am | 62Rite Aid Corp (NYSE: RAD) reported a 0.9% fall in its sales at stores open at least a year for the four weeks ended September 25. The company's total drugstore sales dropped 2% to $1.9 billion. RAD shares gained 0.84% to $0.95 in pre-market trading. Read more from Benzinga's Company news.
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Walgreens Names Jeffrey Berkowitz Senior Vice President
Thursday, September 30, 2010 - 8:06am | 117Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) today announced that Jeffrey Berkowitz has joined the company as senior vice president of pharmaceutical development and market access. He will report to Kermit R. Crawford, president of Walgreens pharmacy services division. In this new position, Berkowitz...
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Rite Aid Reports 0.9 Percent Same Store Sales Decrease (RAD)
Thursday, September 30, 2010 - 7:31am | 191Rite Aid Corporation (NYSE: RAD) today announced sales results for September. Monthly Sales For the four weeks ended September 25, 2010, same store sales decreased 0.9 percent over the prior-year period. September front-end same store sales decreased 0.3 percent while pharmacy same store sales,...
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McDonald's May Scrap Health Insurance For 30,000 Workers
Thursday, September 30, 2010 - 12:19am | 197McDonald's (NYSE: MCD), the Dow component and the largest fast-food chain in the world, said it may cancel its health insurance plan for 30,000 hourly U.S. employees unless regulators waive a new requirement of the U.S. health overhaul, according to the Wall Street Journal. Trade groups are...
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Walgreen's EPS A Nickel Above Consensus
Wednesday, September 29, 2010 - 10:53am | 104Walgreen Company. (NYSE: WAG) reported FQ4 EPS of $.49, a nickel above Consensus. According to Deutsche Bank, "The solid beat was driven by strong GMs (+73bp y/y), boosted by the continuing roll-out of the CCR initiative and the decline in Rewire costs. FCF was very strong and was utilized to buy...
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J.P. Morgan Raised Price Target On Walgreens After Earnings (WAG)
Wednesday, September 29, 2010 - 7:04am | 170J.P. Morgan Chase & Co. raised the price target on shares of Walgreen Company (NYSE: WAG) to $38 from $32, after the company reported much better than expected earnings. It is keeping its Neutral rating on shares, saying it wouldn't chase shares after the run up. In the research note, J.P....
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Top 4 Stocks In The Drug Stores Industry With The Highest Cash (WAG, CVS, NPD, RAD)
Wednesday, September 29, 2010 - 4:27am | 145Below are the top drug store stocks on the NYSE and the NASDAQ in terms of cash. Walgreen Co (NYSE: WAG) had $2.31 billion in total cash and $2.37 billion in total debt for the latest quarter. CVS Caremark Corporation (NYSE: CVS) had $1.11 billion in total cash for the latest quarter. CVS' total...
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Bid Still Participating 09-28-2010
Tuesday, September 28, 2010 - 1:39pm | 841Cusick's Corner The market again has a wide range today. Overnight my thesis was proved that when the market has a quick and hard shakeout, e-mini Dec S&P down to 1130 on potential EU debt fears in Greece and Ireland, the bid picks up and the market bounces right back to 1140 in an hour. So...
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Top Narrow Based Indexes For September 28 (NPD, HSFT, ENDP)
Tuesday, September 28, 2010 - 10:46am | 227By 11:35 am, the Dow Jones Industrial Average was up 42.01 points, or 0.39%, to 10,854.05, while the broader Standard & Poor's 500 index had gained 3.09 points, or 0.27%. The NASDAQ composite index rose 5.41 points, or 0.23%. Some of the narrow based indexes that are driving the market are...
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Tuesday's Mid-day Options Volume Leaders (AAPL, WAG, C, RIMM, BIDU)
Tuesday, September 28, 2010 - 10:36am | 165The overall market has posted a rather notably turnaround this morning; currently, the S&P 500 (CBOE: SPX) is positive by 3.19 points, trading at $1,145.39. The SPX hit a low of $1,132 earlier in the session before seeing buying come back into the marketplace. Here are your mid-day options...
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Top Performing Industries For September 28 (NPD, BBW, BORN, FOSL)
Tuesday, September 28, 2010 - 9:48am | 216At 10:33 am, the Dow lost 0.10% to 10,801.75, the broader Standard & Poor's 500 index moved down 0.29% to 1,138.83 and the NASDAQ composite index fell 0.48% to 2,358.46. The industries that are still afloat in the market today are: Drug Stores: This industry jumped 5.23% by 10:33 am. The top...
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Calls Active on Walgreen as Shares Pop (WAG)
Tuesday, September 28, 2010 - 9:02am | 231Shares of Walgreen Co. (NYSE: WAG) are higher on the session by 8.34%, currently trading at $32.88. The stock is popping higher today after the company's Q4 earnings topped analysts' expectations. Revenues rose 7.4% year-over-year to $16.87 billion versus the $16.84 billion consensus. Prescription...
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A Peek Into The Market Before The Trading Starts
Tuesday, September 28, 2010 - 7:53am | 475Pre-open movers US stock futures moved up slightly, with investors eagerly awaiting data on house prices and consumer confidence. Futures on the Dow Jones Industrial Average rose 33 points to 10,783. S&P 500 futures added 0.50 points to 1,138.20, while Nasdaq 100 futures gained 7 points to 2,...