WBA - Walgreens Boots Alliance, Inc.
| Previous Close | 58.41 |
| Open | 58.15 |
| Bid | 0.00 x 800 |
| Ask | 59.23 x 1100 |
| Day's Range | 57.76 - 58.44 |
| 52 Week Range | 49.03 - 83.14 |
| Volume | 2481697 |
| Avg. Volume | 5,623,678 |
| Market Cap | 52B |
| Beta (3Y Monthly) | 0.90 |
| PE Ratio (TTM) | 13.46 |
| EPS (TTM) | 4.31 |
| Earnings Date | Jan 8, 2020 |
| Forward Dividend & Yield | 1.83 (3.13%) |
| Ex-Dividend Date | 2019-11-15 |
| 1y Target Est | 57.00 |
- Yahoo Finance Video
Health-care spending hit $3.65 trillion
New government data show that total health care spending in 2018 spiked 4.6%. That's a lot higher than income growth, which was just 3% in 2018. The reason: More Americans are foregoing health coverage, leading to a rise in health care spending nationwide.
- Yahoo Finance Video
Netflix downgraded to neutral at Citi
Citi downgraded Netflix to neutral, Piper Jaffray raised its Tesla price target, and Deutsche Bank reiterated its sell rating on Walgreens. Yahoo Finance's Ines Ferre reports from the floor of the New York Stock Exchange.
- Simply Wall St.
Does Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Have A Place In Your Dividend Portfolio?
Today we'll take a closer look at Walgreens Boots Alliance, Inc. (NASDAQ:WBA) from a dividend investor's perspective...
- Business Wire
Walgreens Boots Alliance and McKesson to Create German Wholesale Joint Venture
Walgreens Boots Alliance (Nasdaq: WBA) and McKesson Corporation (NYSE: MCK) today signed an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest in the joint venture and McKesson will have a 30% ownership interest.
- GuruFocus.com
Sugi Is Thriving in a Growth Industry
The company continues to open new stores, the industry is growing and consolidation portends good things for the larger players Continue reading...
- American City Business Journals
Kroger expands partnership with Walgreens
Kroger Co. has expanded its partnership with drug store chain Walgreens by jointly forming a group purchasing organization.
- MarketWatch
Dow flat despite losses in Home Depot, Chevron shares
DOW UPDATE Behind negative returns for shares of Home Depot and Chevron, the Dow Jones Industrial Average is declining Wednesday afternoon. Shares of Home Depot (HD) and Chevron (CVX) have contributed to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 7 points (0.
- Barrons.com
There’s More Bad News for the Worst Stock in the Dow This Year
The worst-performing stock in the Dow Jones Industrial Average this year just got some more bad news. Walgreens stock (ticker: WBA) was down 0.7% in morning trading. Wells Fargo Securities Peter Costa stressed that the change was due to a shift in how the firm considers its ratings, not a change in how he sees the fundamentals of the business.
- MarketWatch
Boeing, Home Depot share losses lead Dow's 75-point fall
DOW UPDATE Shares of Boeing and Home Depot are retreating Wednesday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of Boeing (BA) and Home Depot (HD) have contributed to the index's intraday decline, as the Dow (DJIA) was most recently trading 77 points lower (-0.
- MarketWatch
Kroger and Walgreens partner for purchasing group
Kroger Co. and Walgreens Boots Alliance Inc. have partnered to create Retail Procurement Alliance, a purchasing group designed to drive supply chain efficiencies and lower costs. Kroger will focus on food and grocery while Walgreens will lead health and beauty. The two companies launched a Kroger Express concept in 13 Walgreens stores in Kentucky in Dec. 2018, which was expanded to 35 locations in Knoxville, Tenn. in Aug. 2019. Walgreens health and beauty products were also launched at 17 Kroger stores in Knoxville. Kroger stock is up 1.4% for the year to date, Walgreens is down 14.5%, and the S&P 500 index is up 25% for the year to date.
- PR Newswire
Kroger and Walgreens Form Group Purchasing Organization as Companies Expand Collaboration with New Joint Venture
Building on a unique collaboration that first brought together The Kroger Co.'s (NYSE: KR) food and grocery experience with Walgreens' expertise in health and beauty, the companies have formed a new group purchasing organization (GPO) aimed at delivering purchasing efficiencies, lower costs and combined resources to help drive further innovation. The new joint venture will be called Retail Procurement Alliance.
- MarketWatch
Here’s the one Dow stock to buy now if you believe that what goes down must come up
If you’re a gutsy contrarian investor, consider betting that Walgreens Boots Alliance will have a far better 2020 than it has this year. Instead, the reason you might want to consider Walgreen’s (WBA) stock in 2020 is because it’s the worst year-to-date performer in the Dow Jones Industrial Average (DJIA) , with a loss (per FactSet) of 11.5% (through Dec. 6). Betting on a reversal from year-to-year performance is not as crazy as you might think.
- Zacks
Walgreens Boots Alliance (WBA) Gains As Market Dips: What You Should Know
In the latest trading session, Walgreens Boots Alliance (WBA) closed at $58.71, marking a +0.14% move from the previous day.
- Zacks
United Natural to Cut Retail Presence Via Shoppers Store Sale
United Natural (UNFI) inks deals to sell 13 of its 43 Shoppers Food & Pharmacy stores to three distinct grocery operators. Also, the company will cease four Shoppers stores.
- Bloomberg
Tesco Should Take the Money and Run
(Bloomberg Opinion) -- Selling Tesco Plc’s operations in Thailand and Malaysia for about 7 billion pounds ($9.2 billion) would be a nice parting present from outgoing Chief Executive Officer Dave Lewis to his successor Ken Murphy. But there could be a sting in the tail from such a lavish gift. Tesco would be even more focused on its home turf in the U.K., where it’s in a merciless battle with discounters from Germany.Tesco said on Sunday that it was carrying out a strategic review of the business, after receiving interest from potential buyers. Britain’s biggest supermarket is right to consider whether its remaining Asian operations might be worth more to a rival. Analysts at Bernstein estimate the Thai and Malay businesses could fetch between 6.5 billion pounds and 7.2 billion pounds. What’s more, with Bernstein estimating of typical transaction multiples in the region of about 13 times Ebitda, and Tesco currently trading on an enterprise value to Ebitda multiple of 7.6 times, then this unit isn’t being adequately reflected in Tesco’s valuation.The Asian business is a highly profitable one, with an underlying operating margin of 5.87% in the year to February 2019, close to twice that at both Tesco’s U.K. and central European divisions. Selling this arm would be a further retrenchment from Tesco’s international assault of the 1990s, and leave the company focused on its core retail operations in the U.K. as well as its bank in its home market. Its only overseas outpost would be central Europe, a business it would most likely love to sell if a buyer could be found.Tesco doesn’t need to offload assets to strengthen its balance sheet, in contrast to when it parted company with its South Korean business in 2015. It has been bringing down debt, enabling it to raise its dividend and generating hopes that it may soon begin returning cash to shareholders. A chunky price for the Thai and Malay units would make this even more likely. Indeed, the shares rose about 5% on Monday as investors salivated over a sizable buy-back or special dividend.It would also provide Murphy with a war chest to slash prices. He joins Tesco from Walgreens Boots Alliance Inc., where he spearheaded an expansion in China. However he has no direct experience of the cutthroat U.K. grocery sector. Pricing is one area where Lewis could have done more. Although he made Tesco more competitive with its suite of cheaper exclusive brands, he could have tackled the problem earlier in his tenure.With the disposal proceeds, Murphy would be able to move quickly. He needs to. The U.K. arms of the German discounters Aldi and Lidl continue to go from strength to strength, improving their premium offerings and moving into high-margin areas for the mainstream supermarkets, such as vegan food. Being able to more effectively fight the no-frills supermarkets would be helpful to the new CEO.He would also be able to put pressure on traditional supermarket rivals, such as as J Sainsbury Plc, Wm Morrison Supermarkets Plc and Walmart Inc.’s Asda, at a time when the grocery market is sluggish. Meanwhile, some of the proceeds could be used to beef up other areas of Tesco, such as its online operations and its cash and carry arm Booker.But prices on the shelves of its domestic supermarkets are the key driver of the retailer’s fortunes. And with an attractive Thai and Malay deal, it might just be able to get them right.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Business Wire
Walgreens Boots Alliance Schedules Fiscal 2020 First Quarter Earnings Announcement for January 8, 2020
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) will release its fiscal 2020 first quarter earnings results at 7 a.m. Eastern time Wednesday, January 8.
- Yahoo Finance
20 businesses that died in the 2010s
Yahoo Finance takes a look back at some of the biggest corporate busts of the last decade.
- Benzinga
What To Know About The Trader Joe's Sushi Recall
The U.S. Food and Drug Administration posted a notice this week that certain food items made by Fuji Food Products could be contaminated with Listeria monocytogenes. A recall has been issued for sushi ...
- Business Wire
Walgreens Flu Index® November Report Shows South and Southwest Top Flu Activity List
It’s National Influenza Vaccination Week and Walgreens is releasing the November report for the Walgreens Flu Index® reminding you that now is as good of a time as any to get your annual flu shot if you haven’t already. The November report shows markets across Louisiana leading with the most instances of flu, along with markets in other southern states and Las Vegas, Nev. –a change from last season where markets in Texas accounted for most of the top activity in November. Whether you’re in a top market or state with increased flu activity or not, the flu vaccine can take up to two weeks to become fully effective so it’s important to get the flu shot early and well before large gatherings in order to make the most of the holiday season.
- Insider Monkey
Here is What Hedge Funds Think About Walgreens Boots Alliance Inc (WBA)
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
- American City Business Journals
Billions of pain pills were supplied in North Carolina -- here's where they went
Between 2006 and 2012, the data shows more than 2.5 billion prescription pain pills were supplied to North Carolina.
- Zacks
Walgreens Boots Alliance (WBA) Stock Moves -0.55%: What You Should Know
Walgreens Boots Alliance (WBA) closed the most recent trading day at $59.27, moving -0.55% from the previous trading session.
- Investor's Business Daily
Largest Private Takeover In History Could Be In Trouble; Dow Jones Stock Falls
The leveraged buyout of Walgreens Boots Alliance has reportedly stalled as KKR & Co. runs into financing issues. Walgreens stock fell.
- TheStreet.com
[video]Walgreens Leveraged Buyout Bid Facing Financing Challenges - Report
Walgreens' reported $50 billion leveraged buyout plan is facing financing-related challenges as the private-equity world struggles with how much money it can potentially lend the company amid pushback from their own investors.
- Yahoo Finance
Black Friday, holiday sales surge won’t be enough for many retailers
Early data into the Yahoo Finance newsroom indicates Black Friday and holiday sales will break records. According to Adobe Analytics online retail sales on Thursday are expected to hit $4.4 billion. That would be up 18.9% year-over-year. But those profits won’t necessarily help those troubled retailers who are expected to close brick and mortar stores.
