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Walgreens Boots falls

Walgreens Boots falls after quarterly dividend suspension

Walgreens Boots Alliance (NASDAQ:WBA) fell over 7% in extended trading on Thursday after the drugstore chain said it is suspending cash dividend paid to stockholders on a quarterly basis. This comes after a report that a potential takeover of the company by private equity from Sycamore Partners will likely not happen.

Hosted on MSN · 1h

Walgreens suspends quarterly dividend amid turnaround efforts

Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday, sending its shares down nearly 8% in extended trading.

Crain's Chicago Business · 3h

Walgreens suspends quarterly dividend, stock plunges

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

The Wall Street Journal on MSN · 2h

Walgreens to Suspend Dividend in Cash-Saving Push

Cash needs for the next several years, “including with respect to litigation and debt refinancing,” were important considerations, the company said.

Hosted on MSN · 2h

For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles

Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the first time it won’t pay a quarterly dividend in 92 years. The change comes amid struggles for the Deerfield-based retail pharmacy giant.

Advocate Health closing Walgreens clinics in 2 states

Forbes · 1d

Big Chicago Health System Closing Nearly 50 Clinics Inside Walgreens

Advocate Health Care, the largest provider of medical care in Chicago, is closing 47 clinics it has operated inside Walgreens stores for nearly a decade.

9NEWS · 6d

Walgreens closing 6 Denver metro area stores

Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 locations in the U.S. and Puerto Rico as well as a few thousand stores in Europe and Asia.

CBS Chicago on MSN · 21h

Advocate Health Care to close clinics in Walgreens drugstores

Advocate Health Care announced Wednesday that it has decided to close its clinics inside Illinois Walgreens drugstore locations. The 47 clinics will all close on Thursday, Feb. 6. The hospital group said the closures will allow it to expand its virtual services and in-person care at its primary and urgent care locations.

Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides

The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...

Walgreens Lawsuit May Mean 'Significant' Payments to Customers: Lawyer

The Department of Justice civil complaint, filed in an Illinois federal court, could throw significant light on America's ...

Bitter pill: Pharmacy staff shortages, erratic hours are putting Oklahomans at risk

Walgreens and CVS were engaged in a war nationwide, building stores as close to each other as possible, often on opposite ...

Walgreens Stock Tumbles. Report Says Private-Equity Bid for Pharmacy Chain ‘Mostly Dead.’

The Wall Street Journal previously reported that Walgreens and Sycamore Partners were discussing a deal that could be ...

Walgreens Investors Dismiss Bid Targeting Cigarette Pollution

Walgreens Boots Alliance shareholders voted against a proposal that pushed the pharmacy chain to do more to prevent environmental damage from the cigarettes it sells.

Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.

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