Topic: Walgreen Company
Walgreens (WAG) will stop accepting Washington state Medicaid patients at its pharmacies, after the state reduced reimbursement rates. As a pubic company, they have an obligation to their shareholders NOT to accept loss-generating business from an increasingly belligerent government program.
From the release:
DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens (NYSE: WAG -News) (NASDAQ ...
Media reports on Wednesday indicated drugstore chain Walgreen Co. is in talks about a plan to offer prescription drugs directly to employees of Delta Air Lines Inc. Walgreen and Delta would not confirm any negotiations. The Deerfield, Ill., company is the largest U.S. drugstore ...
CHICAGO (Reuters) - Walgreen Co <WAG.N> said February sales at stores open at least a year rose just 0.4 percent, crimped by a lower incidence of the flu versus a year earlier. The rise was nearly in line with the 0.5 percent increase analysts had anticipated, according to Thomson Reuters data. Walgreen's shares rose 1 ...
CHICAGO (Reuters) - Top U.S. drugstore chain Walgreen Co <WAG.N> is expected to post a third month of weak sales when it issues February data on Wednesday, which could put pressure on its shares and lead some analysts to review their profit expectations. Walgreen already surprised investors with two consecutive months of same-store sales declines, raising questions ...
