Wait until this couple gets the bill from Hertz Car rental, gift tax charged to these folks credit card is based on a car rental cost.
These poor folks will get screwed when the bill comes, and should have asked for the cash instead of a nightmare dream rental.
LOL, 2,500 car!!!
As any Investor who follows the Drug Retail sector knows, drug pricing is under global pressure as the populations grows older.
The emerging markets are a very risky business play as most of these governments have stability issues crossed with political corruption and exchange rate fluctuations in Investment risks.
Walgreens Alliance Boots are chasing after these investments, they maybe chasing lower returns as Cash investment and speculation in returns are a unknown fact for this plan..
As Walgreens Co. recently accepted its CFO's resignation for blowing out a projected revenue for 2016 by 1 billion dollars, it is within reason to expect these emerging market investments will take a lot longer learning curve before returns on Investment are realized by WBA.
It works like this.
1) EVP Investment managers, Mutual funds, and creditors are stuck in this Company.
2) Not one of these holders wants to write this Stock down on their asset books.
3) As long as Hairspray has access to money he will keep buying to hold up this price.
4) Insider traders with exec. access does not want a Change in leadership see #2
5) Until the current Large holders can off load this into retirement funds they will keep this false price.
6) The Hedge funds will continue to skim off money from the retail investors with HS trading.
7) The car manufactures will look the other way as long as they sell new cars
8) The Car manufacture Bankers need the sales to hold up their assets in Car manufactures.
9) The USA government can declare recovery is on the way.
10) The SEC is a shill for Wall street with no accountability to main street.
No, I'm waiting for the next major Headline that will come out..
"European profits are Dragging down US multinationals"..
This will occur before Walgreens closes on the Alliance boots deal, but you need to follow the Global markets to understand what this is..
Misinformed traders are betting on CVS discontinuing cig sales going to Walgreens.
At the current pricing of Cig and several Governments pressure with tax increases this is a dead industry going forward in the USA..
Yep and this get Hertz off.. form filling Financial reports.
Well,I wonder if Hertz will be unable to file income taxes due also..
Yes the Hedge funds are pricing this at $19.00, and if you look how long its been since Htz released a financial reports there are some big issues going on here..
Yet the SEC lets this continue trading...
The AcsMan weigh's in on Walgreens Stock price and a pediatric offering to capture a untapped market...
LOL... go AcsMan...
WBA, Drugs, liquor & Smokes one stp buzz shop at the Corner of High and Happy Street..
48.00 it is coming right after the new debt offering...LOL
What good are SEC regulations and reporting when they are not enforced?
Are we even sure Hertz has money in a USA Bank or is it being held offshore?
The final price nail in Walgreens current $60.00 selling price is the 1 Billion, 2016 forecasting Error.
I know all the pumper would like to run away from this forward projection, but the fact remains Walgreens pulled down its 2016 merger Income synergies with Alliance Boots by 1,000,000,000 Dollars.
These Yahoo investor pumpers want to unload their stock holdings before the next step in financing takes place and Walgreens next credit rating report is released...
A corner convenience store selling at $60.00 a share that is funny..
Well that depends on how Hertz's lawyers and the SEC view this. Just looking at history, Bernie Madoff had to turn himself in... despite all the evidence the SEC was given and represented with, I will say no!!!
Sec criminal convictions in white collar crime from large corporations is almost always settled with a multimillion dollar fine and shamefully no one goes to jail..
So Fraud, would require someone inside Hertz to give the SEC compelling evidence, which will not happen as hush money is spread out to departing executives given future stock option grants and consulting agreements.
Now, Carl Icahn never waited for the SEC, so I think he will discharge these folks thru the Sock selling price..
Walgreens largest Investor Vanguard will be writing down over1 billion dollars+ of assets, thanks to Walgreens repriced shrinkage...
This price shrinkage will even gets better as Walgreens will be issuing new Debt (with interest payments) for the Alliance boots merger and more new issued stocks will coming onto the market to dilute the current share selling price.
Yes to the pumpers, the Healthcare Drug sector will experience growth, but the question to be answered, will Drug spending growth outpace the spending in high cost retail locations... offering low cost products with markups that must compete for the shoppers wallet...
When will the SEC regulators say enough is enough on Hertz accounting problems.. and put a stop to this stock from trading in the Market Place??
Mary Jo White(SEC) head needs to get on the side of investors and tell Obama & Company to step up to the job, in telling Hertz to deliver its accounting restatements to lenders, bond owners and stock holders..
This is Cal Icahn's evaluation and plan forward as he filed his SEC form in Hertz's holdings.
Mr. Icahn has been accumulating this stock based on Hertz poor financial, operational results and now with Hertz accounting problems this will be non negotiable for Hertz CEO as Mr. Icahn is seen as a master in reorganizing poorly run Corporations.
Will hertz current selling price remain, I would doubt it ,as the only thing that will get Hertz entrenched BoD attention is a selling price that shames their leadership skills and operations direction..
Mr. Icahn's fellow Investors most likely agree on Hertz's future to remain in business under the current leadership surprise with accounting screw-ups..
This is about as realistic as Walgreens 2014 3Q increase in inventory valuations as ABC took-over Walgreens Rx Wholesale inventory & distribution operations..... Oh yea!!! didnt Walgreens just resign its CFO who restated 2015 projected earnings to a 1 billion reduction..
Walgreen CEO was asked If Alliance Boots merger is accretive to earnings, Oh yes was his answer.. what he did not talk about was Walgreens past earnings had included business units Sales of assets... for the last 3 years, this was approved by Walgreens board of directors from Walgreens managers input, and now Alliance Boots now is the largest stockholder/owner of Walgreens. Co.
How nice for long term investors.. all those stock buybacks that should have been in Investor pockets have now gone to Alliance Boots and KK pockets..
I see someone pick pocketed these major investors..
Projecting forward to how Walgreens will cut expenses, 2 senior managers have been guests of the guillotine , yet Walgreens Board and CFO happily remain intact, and are currently planning for the next round of operational executions, sparing themselves from any financial accountability to these stockholders, who are powerless to see behind these shenanigans in financial engineering.
Yet, some of the Walgreens largest stock holder will soon see that hedging this selling price will make up for their loss in operational credibility .
Walgreens stock promoters are engaged in a campaign to dismiss Walgreens the major financial screw-up over the last 5 years including a 1.1 billion dollar income projected error for 2016..
Walgreens Board of Directors have been quoted in the Wallstreet Journal... as saying they where unaware of this error... and now is using social media to dismiss this lack of over site ... LOL
As you can judge from some recent posters avoiding to discuss this issue..