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Walgreens Boots falls
Walgreens Boots falls after quarterly dividend suspension
Walgreens Boots Alliance (NASDAQ:WBA) fell over 7% in extended trading on Thursday after the drugstore chain said it is suspending cash dividend paid to stockholders on a quarterly basis. This comes after a report that a potential takeover of the company by private equity from Sycamore Partners will likely not happen.
Walgreens suspends quarterly dividend amid turnaround efforts
Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday.
Why Walgreens Boots Alliance Stock Sank by Almost 5% Today
Many finance professionals -- and not a few investors -- consider Walgreens a juicy target for private equity players. In fact, according to reporting from Bloomberg and The Financial Times in 2019, big private equity firm KKR made a $70 billion offer that year. However, KKR denied putting in a binding bid.
Walgreens suspends quarterly dividend for first time in 92 years, amid financial struggles
The change comes amid struggles for the Deerfield-based retail pharmacy giant. Walgreens announced plans in October to shutter 1,200 stores over the next three years.
Walgreens Boots Alliance suspends quarterly dividend
Walgreens Boots Alliance (WBA) announced that its board of directors is suspending the company’s cash dividend historically paid to
Advocate Health closing Walgreens clinics in 2 states
Advocate Health Care to close clinics in Walgreens drugstores
Advocate Health Care announced Wednesday that it has decided to close its clinics inside Illinois Walgreens drugstore locations. The 47 clinics will all close on Thursday, Feb. 6. The hospital group said the closures will allow it to expand its virtual services and in-person care at its primary and urgent care locations.
Big Chicago Health System Closing Nearly 50 Clinics Inside Walgreens
Advocate Health Care, the largest provider of medical care in Chicago, is closing 47 clinics it has operated inside Walgreens stores for nearly a decade.
Advocate Health Care closing all 47 of its clinics inside Illinois Walgreens stores
One or two medical office assistants work at each of the clinics, along with additional clinicians who support virtual care, and Advocate is working to find alternate roles for those employees,
2h
on MSN
Walgreens to close West Springfield store eyed as police station site
Nationally, Walgreens announced last fall plans to close about 1,200 locations as the industry deals with shrinking ...
1d
Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
7d
Walgreens Lawsuit May Mean 'Significant' Payments to Customers: Lawyer
The Department of Justice civil complaint, filed in an Illinois federal court, could throw significant light on America's ...
2d
on MSN
Walgreens to close 500 stores before August. Is Oklahoma affected?
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...
7h
Walgreens Investors Dismiss Bid Targeting Cigarette Pollution
Walgreens Boots Alliance shareholders voted against a proposal that pushed the pharmacy chain to do more to prevent environmental damage from the cigarettes it sells.
54m
on MSN
Former University of Tennessee pharmacy student awarded $250K in 'WAP' social media suit
Kimberly Diei was awarded $250,000 from the Univeristy of Tennessee over a lawsuit in which she alleged her First Amendment ...
54m
on MSN
Colerain officials: Police respond to shooting at Joseph Chevrolet dealership
Colerain Township police received a 911 call for a reported shooting at the Joseph Chevrolet dealership Thursday afternoon, a ...
3h
Body cam video released of deadly Colerain Township shooting
On Jan. 17 at 12:55 p.m., police were called to the Walgreens and Popeyes parking lots on the corner of Colerain Avenue and Springdale Road.
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