Walgreen's 1Q Profit Tops Views

Walgreen (WAG) weighed in Wednesday with a 19% increase in fiscal first-quarter earnings, beating Wall Street's expectations. The Deerfield, Ill.-based drug-store chain said it earned $580 million, or 62 cents a share, in the quarter ended Nov. 30. A year earlier it earned $489 million, or 49 cents a share. Continue reading the article.