Walgreen, Economic Data: What to Watch on Wall Street Dec. 23

On Tuesday, December 23th, Wall Street will look to Walgreen Co. (WAG) as it reports fiscal first quarter results before the opening bell. The largest U.S. drugstore chain has been seeing a growth in its daily living business and prescription numbers. Shareholders will also vote to approve its proposed purchase of the remaining 55% stake in Alliance Boots for about $15.3 billion dollars. On the economic calendar, we keep an eye on third quarter GDP, durable goods orders, consumer sentiment level, and new home sales. For the latest financial news and updates from Wall Street, check back on TheStreet.com throughout the day.