Walgreens Boosts Alliance (WBA) PT Lowered to $95 at Credit Suisse
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Walgreens' cost-cut plans aim to save more than $1 billion annually
December 20, 2018 11:05 AM ESTBy Manas Mishra and Manojna Maddipatla
(Reuters) - Walgreens Boots Alliance Inc (NASDAQ: WBA) said on Thursday it would consolidate warehouses and shut some stores as part of a cost-cutting plan aimed at saving more than $1 billion annually.
Shares of the company, however, fell nearly 3 percent as the company's international business suffered mainly due to weak demand in Britain, where its market share gains were offset by a weak retail environment.
The company operates nearly 2,500 stores in the UK, roughly half its non-U.S. stores, making it vulnerable to... More
Walgreens Boots Alliance (WBA) Tops Q1 EPS by 2c
December 20, 2018 7:03 AM ESTWalgreens Boots Alliance (NASDAQ: WBA) reported Q1 EPS of $1.46, $0.02 better than the analyst estimate of $1.44. Revenue for the quarter came in at $33.8 billion versus the consensus estimate of $33.75 billion.
Fiscal 2019 outlook
Company maintained its guidance of 7 percent to 12 percent growth in fiscal 2019 adjusted EPS... More