WBA - Walgreens Boots Alliance, Inc.
| Previous Close | 72.00 |
| Open | 71.34 |
| Bid | 70.72 x 800 |
| Ask | 73.58 x 800 |
| Day's Range | 71.29 - 72.27 |
| 52 Week Range | 59.07 - 86.31 |
| Volume | 3,625,470 |
| Avg. Volume | 6,612,204 |
| Market Cap | 67.919B |
| Beta (3Y Monthly) | 0.86 |
| PE Ratio (TTM) | 13.24 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.76 (2.43%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | N/A |
Yahoo Finance Video•3 days agoMicrosoft, Walgreens Team Up to Fight Amazon
Microsoft & Walgreens team up to take on Amazon in the healthcare sector. Yahoo Finance's Melody Hahm, along with Wedbush Securities Managing Director of Equity Research Dan Ives discuss.
Reuters Videos•3 days agoWalgreens and Microsoft to work on digital healthcare
Walgreens and Microsoft team up to research and develop new methods of delivering healthcare services through digital devices. Fred Katayama reports.
- CNBC Videos•3 days ago
Microsoft and Walgreens unveil 7-year partnership agreeme...
Microsoft and Walgreens announce a 7-year strategic partnership that aims to improve health outcomes, lower costs and enhance their retail experiences. CNBC's Jon Fortt reports.
- TheStreet.com•21 hours ago
Here Are 2 Ways to Play Microsoft Stock
By the way, the deal between MSFT and WBA is a seven year marriage that involves access to Windows 10, and Office 365 for more than 380K Walgreens employees while the firm migrates most of it's technology infrastructure onto the Azure platform. Walgreens is not alone.
- TheStreet.com•22 hours ago
Earnings, the Fed, Government Shutdown,Trading Microsoft: Market Recon
Equity markets have come a long way since bottoming the day after Christmas. The central bank made an effort to calm the street in the wake of the December 19th Jerome Powell press conference. Trading volume, by the way had spiked on the 3rd, and has mostly tailed off since then.
- InvestorPlace•yesterday
Walgreens, Already Late to the Party, Arrives Empty-Handed
News this week that drugstore chain Walgreens Boots Alliance (NASDAQ:WBA) and software behemoth Microsoft (NASDAQ:MSFT) are teaming up to inject some fresh tech into Walgreens stores brought cheers from investors. WBA stock holders were pleased, to be sure, knowing too well that the company hasn't kept up with rivals' business-building partnership development. Yet, as the celebration winds down, tough questions are starting to surface. Chief among them is, how exactly will this WBA-MSFT alliance bolster the bottom line? A close-second (and related) question is: how exactly will this partnership change the way consumers receive care? Maybe good answers will come in time, but as it stands right now, there are no answers at all. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Just Another Partnership? The short version of a long story: Health care's a mess in America. Aside from being too expensive for consumers and too inefficient for all players, it's also often ineffective. The federal government has thus far been powerless to get a grip on any of those challenges. That's largely why we've seen a wave of M&A within the industry over the past several years -- players are doing what they can just to survive and still give decent care. That deal-making took on a whole new tone a year ago, however, when Amazon.com (NASDAQ:AMZN), JPMorgan Chase (NYSE:JPM) and Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) teamed up to develop their own kind of health care organization. The aim of this venture isn't to drive profits. The three organizations are partnering primarily to cull their own realized costs of providing health benefits for their employees. Nevertheless, the creation of an in-house solution was also an unspoken message that the nation's health care industry was no longer capable of doing what it should be able to do. Other less-shocking partnerships sent a similar message. CVS Health (NYSE:CVS) now owns insurer Aetna, crossing a line not all consumers/patients are sure they want crossed. Meanwhile, Humana (NYSE:HUM) and CVS have forged an alliance, of sorts. In fact, Aetna and Humana would now be the same company had the Justice department not put the kibosh on the deal. * 10 Growth Stocks With the Future Written All Over Them In that light, the Walgreens-Microsoft partnership looks and feels like the next natural progression of the industry. Owners of Walgreens stock, however, may want to take a closer look at the deal… not so much at what was said, but wasn't said. ### No Clear Plan For 7-Year Deal The precise plans for the team-up shouldn't be -- and arguably can't be -- disclosed, as it's unlikely even the companies themselves know what this seven-year deal will lead to seven years from now. Still, one would expect at least a bit more clarity on how the development will boost business. The key tenets of the deal include the use of Microsoft's office-productivity software by Walgreens employees, making self-care options available to patients (presumably through an app), and the reduction of friction between payers and providers. Some Walgreens stores will also, as a pilot program, dedicate floor space to sales of medical hardware and devices that (again, presumably) make the most out of the other improvements at-hand. It all sounds compelling. A second glance at the announcement, however, also reads like little more than a marketing brochure. The partnership's goals are also the same as those that every other player in the health care arena hopes to achieve. The question then becomes, how are Walgreens and Microsoft going to differentiate what they're going to do from the drug store operator's competitors? It's easy to say the aim is making self-care and prescriptions a seamless experience. Far more difficult is convincing consumers to use such a tool, and then teaching them to use it. Constant changes to health insurance policies only exacerbate the confusion that patients may not be able to address themselves, and Microsoft's role in Walgreens' push of new medical devices is fuzzy at best. Candidly, too, the deal also comes across a little bit desperate. Walgreens CEO Stefano Pessina initially said he wasn't worried about Amazon's 2018 acquisition of online pharmacy PillPack. "This partnership with Microsoft suggests otherwise," said drug supply chain expert Stephen Buck on Tuesday. Making deals from a have-to position is starkly different than want-to deals. And there's the rub. At this point, with most of the best potential partnerships already off the table, Walgreens' interest is in partnerships without an entirely clear purpose or meaningful plan. CVS wanted Aetna for obvious reasons, but also for less obvious reasons like leveraging CVS's pharmacy benefits management wing and using existing stores to build out a network of mini-clinics that will ultimately lower costs for all. Amazon, Berkshire and JPMorgan are just trying to save money. Cigna Holding (NYSE:CI) wanted Express Scripts so it could also gain control of its costs by controlling a pharmacy benefits manager. * 7 Stocks at Risk of the Global Smartphone Slowdown In contrast, the Microsoft partnership with Walgreens (as impressive as some of the technology rollouts may end up being) doesn't look like it will accomplish anything that Walgreens couldn't achieve with several other tech companies… whatever it ends up accomplishing. ### Bottom Line for Walgreens Stock Don't misread the message. The alliance isn't an ill-advised decision, nor will it end up crimping the value of WBA stock. Indeed, the two organizations may have something game-changing in mind that can't yet be divulged. It's more likely than not, however, that the team-up is no more and no less than it currently seems to be on the surface. That is, a modernization of the Walgreens IT infrastructure. It's a smart and necessary step, but it's not the game-changer the stores need if WBA aims to prevent more team-ups like the Amazon/Berkshire/JPMorgan partnership and CVS's in-house clinics from siphoning away customers. In that light, the far-less-touted work Walgreens is doing with Google's life-sciences arm Verily -- to better manage chronic illnesses -- offers more promise for real revenue creation. Even then though, it may not be enough to light a fire under WBA stock anytime soon. Edward Jones analyst John Boylan noted last month, before the Microsoft team-up was unveiled, "Many of these partnerships are still in their very early stages, and we would like to see if these services will have a notable impact on growth and profitability, and if its cost cutting efforts will counteract the continuing reimbursement pressure we are seeing in the drugstore market." Walgreens still needs something big, above and beyond the acquisition of rivals' stores, and it needs it sooner rather than later. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post Walgreens, Already Late to the Party, Arrives Empty-Handed appeared first on InvestorPlace.
- Motley Fool•yesterday
Walgreens Inks a Massive Deal With Microsoft
The pharmacy is joining a growing number of retailers snubbing rival Amazon.
- Zacks•2 days ago
Microsoft, WBA Deal to Break AMZN, GOOGL Healthcare Dreams
Microsoft (MSFT) inks a seven-year deal with Walgreens to offer innovative healthcare delivery solutions that can pose threat to Amazon and Google's growing presence.
- Zacks•2 days ago
Amazon Fear Grips Retail Pharmacy Space, Alliances Continue
While Amazon is figuring out ways to expand in the multibillion dollar pharmacy industry, Walgreens and other industry players are ready to counter competition.
- Market Exclusive•2 days ago
Market Morning: Brexit Burn, New Anti-Cannabis AG, Cobalt On Blockchain, Microsoft on Healthcare
Brexit Deal Goes Down in Flames, Markets Yawn Theresa May’s Brexit deal was defeated by such a large margin, 432-202, that stock markets have been shocked into complacency over it, or at least that’s what it seems. With such a huge defeat, there is no way that the deal can be renegotiated or tweaked to […] The post Market Morning: Brexit Burn, New Anti-Cannabis AG, Cobalt On Blockchain, Microsoft on Healthcare appeared first on Market Exclusive.
- TheStreet.com•2 days ago
Microsoft Shares Up After Major Health Care Deal With Walgreens
that will explore new ways of delivering health care while also handing the tech giant hundreds of thousands of new users. Walgreens will move "the majority of the company's IT infrastructure" onto Microsoft Azure while also rolling out Microsoft 365 to the retailer's 380,000 employees around the world, according to a press release by Walgreens. Microsoft rose 2.90%, to close at $105.01, while Walgreens was up 1.61%, to $71.79.
- CNBC•2 days ago
The Microsoft-Walgreens deal is the latest tie-up among two industries that need each other
Technology companies are starting to partner with traditional health-care players. Walgreens has now inked deals with Microsoft and Alphabet's Verily. Both industries need the expertise of the other as they go up against Amazon.
- Investor's Business Daily•3 days ago
Microsoft, Walgreens Sign Major Cloud Computing Pact
Microsoft and Walgreens Boots Alliance on Tuesday announced a wide-ranging partnership. Walgreens will migrate most of its IT infrastructure to Microsoft's Azure platform.
- Yahoo Finance•3 days ago
Stocks push higher amid big bank results
U.S. stocks climbed as mixed signals abroad pulled focus from the most recent batch of corporate earnings, which included results from several major banks.
- Barrons.com•3 days ago
Microsoft and Walgreens Team Up to Fight a Common Rival: Amazon
The splashy multiyear deal enables both companies to compete with Amazon.com and continues the integration of the tech and health care industries.
- Engadget•3 days ago
Microsoft and Walgreens join forces to 'transform healthcare'
Microsoft and Walgreens announced today that they will be teaming up to help improve health care. The companies have entered into a seven-year agreement during which Walgreens plans to migrate most of its IT infrastructure over to Microsoft's Azure cloud services. Microsoft is also providing Microsoft 365, a package of Windows 10 and Microsoft Office, to the 380,000 employees working at Walgreens stores around the world.
Associated Press•3 days agoWalgreens brings in Microsoft to help improve care
The drugstore chain Walgreens is working with Microsoft to improve care, as more companies seek ways to manage patient health, cut costs and improve quality. The companies said Tuesday that they will work ...
Reuters•3 days agoWalgreens and Microsoft partner to develop digital healthcare services
As a part of the deal, the companies will focus on virtually connecting people with Walgreens stores and provide services on therapeutic areas ranging from preventative self-care to chronic disease management. Early last year, Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co had said they will form a company that could eventually negotiate directly with drugmakers and healthcare providers and use their vast databases to get a better handle on costs.
- American City Business Journals•3 days ago
Microsoft and Walgreens make deal to 'improve the future of health care'
Tuesday's deal announcement has been called a "blockbuster alliance" and a "huge deal" by media outlets around the world.
Reuters•3 days agoWalgreens and Microsoft partner to develop digital healthcare services
As a part of the deal, the companies will focus on virtually connecting people with Walgreens stores and provide services on therapeutic areas ranging from preventative self-care to chronic disease management. Early last year, Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co had said they will form a company that could eventually negotiate directly with drugmakers and healthcare providers and use their vast databases to get a better handle on costs.
- Zacks•3 days ago
PPI Joins Q4 Reports for JPM, WFC & More; Big Day for Data
Currently, Q4 earnings season is heating up in earnest, with two top Wall Street banks and two other sector leaders bringing results ahead of the opening bell.
Market Realist•3 days agoMicrosoft and Walgreens Sign Major Deal
Microsoft and Walgreens Sign Major DealMicrosoftEarlier this morning, American tech giant Microsoft (MSFT) announced its strategic partnership with pharmaceutical firm Walgreens Boots Alliance (WBA). After the announcement, the stocks of both the
- MarketWatch•3 days ago
Walgreens and Microsoft establish partnership on health care delivery
Microsoft Corp has signed a multi-year agreement with Walgreens Boots Alliance to become the drugstore owner's strategic cloud provider and to help develop a health-care delivery and management platform, the companies announced Tuesday. Under the terms of the deal, Microsoft will become Walgreens's main cloud provider and Walgreens will migrate most of its company's infrastructure onto Microsoft Azure. The drugstore owner will also roll out Microsoft 365 to more than 380,000 employees globally, the companies said. The partnership will focus on connecting Walgreens stores and health information systems to people through their digital devices, the companies said, and in 2019, Walgreens will pilot up to 12 in-store "digital health corners" that will market and sell health care-related hardware and devices. Part of the agreement includes a multi-year research and development investment to build health care solutions and lower the cost of the care, the companies said. Shares of Microsoft have gained 0.5% in the year to date, while Walgreens shares have gained 3.4%. The S&P 500 has gained 3% and the Dow Jones Industrial Average has gained 2.5%.
