After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments.
Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak ...
KEY TAKEAWAYS Walgreens Boots Alliance shares sank Friday after the pharmacy chain suspended its quarterly dividend to shore ...
Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain ...
Cash needs for the next several years, “including with respect to litigation and debt refinancing,” were important ...
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's ...
Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.
Walgreens has been locked in a legal battle with CoolerX, a startup founded by the pharmacy chain’s former CEO, according to a report from Bloomberg. CoolerX replaced glass refrigerator doors with ...
Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice Department t ...