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Walgreens Boots falls

Walgreens suspends quarterly dividend amid turnaround efforts

Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday, sending its shares down nearly 8% in extended trading.

Crain's Chicago Business · 3h

Walgreens suspends quarterly dividend, stock plunges

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

Seeking Alpha on MSN · 2h

Walgreens Boots falls after quarterly dividend suspension

Walgreens Boots Alliance (NASDAQ:WBA) fell over 7% in extended trading on Thursday after the drugstore chain said it is suspending cash dividend paid to stockholders on a quarterly basis. This comes after a report that a potential takeover of the company by private equity from Sycamore Partners will likely not happen.

The Wall Street Journal on MSN · 2h

Walgreens to Suspend Dividend in Cash-Saving Push

Cash needs for the next several years, “including with respect to litigation and debt refinancing,” were important considerations, the company said.

Hosted on MSN · 2h

For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles

Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the first time it won’t pay a quarterly dividend in 92 years. The change comes amid struggles for the Deerfield-based retail pharmacy giant.

Advocate Health closing Walgreens clinics in 2 states

Modern Healthcare · 1d

Advocate Health closing Walgreens clinics in two states

Advocate Health is shuttering 55 clinics inside Walgreens stores in Illinois and Wisconsin, effective Feb. 6.

The Business Journals · 2d

Aurora Health Care exiting its clinics at Walgreens stores

Aurora Health Care will no longer operate in-store clinics at Walgreens pharmacy locations. Aurora Health Care has decided to no longer operate its eight in-store Aurora Clinics at Walgreens operations beginning Feb. 6.

Chicago Tribune on MSN · 1d

Advocate Health Care closing all 47 of its clinics inside Illinois Walgreens stores

Advocate Health Care is closing all 47 of the clinics it operates inside Walgreens stores in Illinois, the health system announced Wednesday. The clinics will close Feb. 6. One or two medical office assistants work at each of the clinics,

Walgreens Lawsuit May Mean 'Significant' Payments to Customers: Lawyer

The Department of Justice civil complaint, filed in an Illinois federal court, could throw significant light on America's ...

Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides

The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...

12don MSN

Justice Department lawsuit accuses Walgreens of filling millions of unlawful opioid prescriptions

The U.S. Department of Justice filed a lawsuit on Friday alleging Walgreens knowingly filled millions of unlawful ...

10h

Walgreens Investors Dismiss Bid Targeting Cigarette Pollution

Walgreens Boots Alliance shareholders voted against a proposal that pushed the pharmacy chain to do more to prevent environmental damage from the cigarettes it sells.

Bitter pill: Pharmacy staff shortages, erratic hours are putting Oklahomans at risk

Walgreens and CVS were engaged in a war nationwide, building stores as close to each other as possible, often on opposite ...

Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.

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