Fist off Henley, I never put CVS on a pedestal they are... CVS is a more Diversified business model in Rx retail with their own issues.
I'll save the debt issue for later.
As for Europe and Asia, profit margins in Rx are being squeezed and that will occur in the USA as well, putting pressure on every Chain Drug stores Cash flow.
Meaning a reorganization in Walgreens bloated Operation Structure...duh!!!
And to renegotiate the Alliance Boots deal, until this closes, a Walk away option is available to Walgreens Co. Now this would not go well for AB as they are facing 2 major problems.
1st) the KKR agreement with AB to buy out KKR ownship or sell after 7 years. KKR Financed the Buyout and the going private for Boots the Chemist.
2nd) AB/ Bank refinanced (2012) 8 billion low interest loans were based on the Closing of Walgreens buying Alliance boots.
Of course Pessina would not like to see a low price offering for AB, however he is not the owner of Walgreens Co. just the Largest shareholder who answers to the BoD.
Reserve La-LA land for thinking Wasson was not forced out.. or as the PR spin is saying this retirement was planned by Wassins.
As I have been saying this Wasson fellow running walgreens was the worst thing that Walgreens Co Bod did..
Its 2014 and exchange rates do effect tourists...
As for counting Cars, I can only tell you from my experience of Friends that come Down to Fl. not one from the 25 has rented a car from Hertz in 2014.
And these friends are professionals in their Business.
As I said I'm offering $19.00 for 500 share with no Financials..
I put in my sell in for 69.08 and it was executed..
Great Job for Getting C's upgrade rating... I don't know how you did it when I have never hear their Analysts on a Walgreens Conference Call.
All the Tourists Coming to America ? What news do you listen to... the US dollar is the highest out of all currency exchange rates, and that impacts tourists.
As for renting a Car from Hertz, there are many global reports that Hertz has been over charging its customers with hidden fee's, shabby maintenance and its fleet is aged compared to its competitors.
I live in Fl. and we see millions of tourist and they are renting from several Companies, hertz is generally not one of them, unless its a business expense.
On the next pull back buy a few share a little as 2, if you don't already have some. I sold my holdings after my last buy-in, but I'm going to buy a few share SO I have the right to contact the SEC and request the Former Executives face a Formal Investigation and prosecution on Hertz Accounting.
And I will not be satisfied with just a Clawback or Fine and neither should the rest of Hertz investors. There is power in Number no matter how ineffective the SEC is.
I sure Carl would enjoy seeing Activist Shareholders request the Former King of Hertz who flew off in a Jet, looting shareholders assets be held accountable with JAIL time..
Think of this buy-in as a Holiday gift for US and Democracy, we can put together a number of Shareholders and I'm sure Carl who be with US requesting the SEC declare a Full investigation of Hertz financials.
I am not only serious, I'm a putting out the facts that these 2 Executives have worked together in the past for their own financial benefit.. and screwed their stockholder/owners..
As Mark Cubin said today on CNBC the SEC is a Joke when it comes to protecting the Stockholders/ Investors, however Carl Icahn is NO JOKE.. and with the Shareholders backing Carl : these 2(Zimmerman & Fissora) will be in a Court Room facing a JURY... Carl is a Innovator & Leader in Shareholder accountability and with todays social Media's support he can push these Regulators that these 2 hertz executives and perhaps more need to be printing license plate at CLUB FED for the next several years..
Happy Holiday's CARL..
Now all you retail investors listen up....!!!!! Walgreens will be hitting $72.00 dollar a share if not higher before the Full Merger with Boots is Announced..and that is less than 20days..
Time to buy is NOW!!! Don't wait...
Sentiment: Strong Buy
I already bought at $19.00 and sold at $ 22+ less than a month ago.
I'm not betting against Carl I'm just playing the rest of the market that will rotate their holdings.
Oh you better look around the Market is down!!!
Sentiment: Strong Sell
I'm already down $21.00 on 100 shares. but as I said Walgreens will be pumped up by cc and his fellow social media implants to 69.00 before the Alliance Boots closing.. If not My stop loss is set 67.05
Carl no doubt can reorganize Hertz but he cant change the Financial mess that the CEO CFO and general counsel have caused.
June 2015 is when they are projecting the Financial to come out ...Are U kidding that is a lifetime in a stocks Value..
MY bid stands at 19.00
Check the SEC.gov web site: PX14AG filing
A activist Investor CTW has done a indebt analysts of the Alliance boots merger and it shows that Walgreens need not complete the AB merge, as they will be overpaying by 10-20%..
"A new lawsuit at Sanofi claims the recently ousted CEO of Sanofi and other executives at the huge drugmaker conducted a scheme in violation of federal law to funnel tens of millions of dollars in kickbacks and other incentives to get the company's diabetes drugs prescribed and sold at retail pharmacy chains.
The employee under oat stated contracts involved illegal incentives and/or kickbacks from Defendant Sanofi, Accenture and/or Deloitte to induce 'customers,' including physicians, hospitals and/or retail pharmacy programs such as Walgreens and Rite Aid to [among other things] influence the prescribing of drugs, and/or improperly 'switch' from selling other manufacturers' drugs (ex: Novo drugs) to selling Sanofi drugs, in violation of the aforesaid Federal healthcare laws," her suit claims.
Walgreens was not named in the Suit but it sure must be raising some eyebrows at CMS
Good Job Walgreens Co. by the time this muti Billion dollar merger completes, you can revise forward income projections Downward again.
As the UK Investment marketers are looking to break up large Corporations (ex. Tesco) into smaller Companies Walgreens Co and Board of Directors are content to fund the Alliance Boots merger...
You could be right.. however as you most likely read, Bankers are suspending their loan agreements that would call Hertz into default with their banking loan agreements.
And the FED regulators seeing nothing wrong with this action.
Just as the SEC seeing nothing wrong that Hertz is still trading without Financials released as the SEC could put a trading halt on them.
These large Corporations are to big to Fail or Jail these executives ... Its shameful that Taxpayer funded agencies are not accountable to the population that pay's them. ..
Goog Luck hope_bob
Don't Think its my posts, the impact on Walgreens price is from the Investment banks who have committed Billions for the Boots merger to complete.
Once the Merger completes they will stuff their Walgreens stock holdings into Fixed income funds retirement pensions for a profit, leaving these folk with the Clean up.
As the 2 other posters I named in this thread are you going to reply to any Questions I ask ??
Again we will not hear a reply..
Like I thought, Henley and CC437578 are Paid advertisement placed by Walgreens Co. to pump up its stock..
Hey Boys, It's just not working when you can not answer a simple Question about who is the CEO of Walgreens!!!l Also make sure you stay within the SEC guidelines cause if you don't you will be smashed like the bugs you are!!!