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39 min ago | Seeking Alpha
Up 24.55% year to date, Walgreen has outperformed the S&P500, which grew by only 6.20% in the same time, as well as its closest competitor CVS Caremark Corporation , which has seen its Over the past 2 years, Walgreen's dividend yield has dropped dramatically, and at current levels, it's quite close to yield of 1.43%.
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As of Wednesday, analysts were expecting June sales at stores open at least a year to rise 4.9% vs. a year earlier, according to Ken Perkins, president of Retail Metrics.
Over-expansion and the inability to compete with drug store chains like Walgreen Co are beginning to catch up with Family Dollar Stores .
What happened? Last Thursday Jana announced it had taken a 9.9% stake in PetSmart .
The worst performing sector as of midday Tuesday is the Technology & Communications sector, showing a 1.0% loss.
The business of chain drugstores has been a veritable model for how just about any retail business should envision itself.
But they'll be leaving the country only on paper. They'll still do as much business in the U.S. as they were doing before.
A few years back, with the Citizens United decision, the high court declared corporations were essentially people and therefore had First Amendment rights to pump any amount of money they want into election campaigns.
A jump in pharmacy revenue fueled June sales growth for two of the nation's largest drugstore chains, and they may start adding gains from the health care overhaul later this year.
But like others in Dixon, Burke is sure Walgreen, who died in 1939, wouldn't be pleased that the management of the company he founded is weighing a move out of Illinois in favor of Europe in a bid to cut its corporate tax bill.
Co. saw new options begin trading today, for the August 22nd expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the WAG options chain for the new August 22nd contracts and identified one put and one call contract of particular interest.
The EEOC's lawsuit charged that former cashier Josefina Hernandez, who has Type II Diabetes, was fired by a South San Francisco Walgreens because of her disability after she ate a $1.39 bag of chips during a hypoglycemic attack in order to stabilize her blood sugar level.
The retail drug store chain said total front end sales increased 1.8% year-over-year and comparable store front end sales grew 1.3% for June 2014.
Updated: Thu Jul 10, 2014 04:55 pm
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