Walgreens (WAG) July Comps Rose 5.2%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/24/2026
- Wall St set for higher open after tech rout; Mideast, tariffs in focus
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil retreats from above $100, still set for weekly rise on Middle East escalation
- Meta’s new seller app hits eBay where it hurts most
- Pullback in chip stocks is a buying opportunity, Citi says
Walgreens (WAG) Senior Unsecured Rating on Review for Downgrade at Moody's
August 6, 2014 2:04 PM EDTMoody's Investors Service today placed Walgreen Co.'s (NYSE: WAG) Baa1 senior unsecured rating on review for downgrade. At the same time, Moody's affirmed Walgreen's commercial paper rating of Prime-2. The review for downgrade is prompted by Walgreen's announcement of a $3 billion share repurchase program through the end of 2016. The review for downgrade is also prompted by Walgreen's reduced 2016 operating outlook. Moody's estimates that Walgreen's 2016 EPS guidance of $4.25 to $4.60 per share is roughly 20% below its previous 2016 operating income target.
The following ratings are placed on... More
