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Walgreens Boots Alliance Inc


  • June 25- Rite Aid Corp's shareholders on Thursday voted in favor of a proposal to change the terms of payments to its CEO and other top executives in case the drugstore operator is taken over, supporting a union-backed investor group over the company's board. Rite Aid CEO John Standley stands to receive $42 million, including $31.6 million through the...

  • June 25- Drugstore operator Rite Aid Corp's shareholders on Thursday voted to change the terms of payment for its chief executive's golden parachute, supporting a union-backed investor group over the company's board. Rite Aid CEO John Standley stands to receive $42 million if he loses his job in the event of the company being taken over, including $31.6...

  • June 18- Rite Aid Corp on Thursday lowered its full-year profit outlook after reporting worse-than-expected first-quarter earnings hurt by interest costs and taxes related to a pending acquisition. Rite Aid, which sells over-the-counter drugs, personal care items and food and beverages, said total revenue rose 2.8 percent to $6.6 billion, with...

  • Senator probes retailers on dubious 'brain' supplements Wednesday, 17 Jun 2015 | 12:23 PM ET

    In letters sent this week to 15 companies— including Wal-Mart, Target Corp., Amazon, Google and Walgreen's— McCaskill asks executives to explain how they vet dietary supplements and weed out products making false claims. The Missouri Democrat is the ranking member on the Senate Aging Committee, which frequently investigates health scams targeting older...

  • CVS Health launches health, beauty makeover for drugstores Wednesday, 17 Jun 2015 | 11:36 AM ET

    CVS Health Corp. executives say these changes reflect customer demand. The push from CVS reflects similar expansions by rivals Walgreens Boots Alliance Inc. and Rite Aid Corp. into selling healthier foods and more beauty items. "Health and beauty, in particular, is very high profit margin, and CVS has always been a leader there," said Jeff Jonas, a portfolio...

  • Cramer Remix: Why you need to avoid Chinese stocks Thursday, 21 May 2015 | 7:24 PM ET
    Jim Cramer on Mad Money.

    Is your portfolio exposed to issues overseas? “Mad Money” host Jim Cramer has answers.

  • Cramer: Mergers that could unlock riches for you Thursday, 21 May 2015 | 6:35 PM ET
    Pedestrians walk by a CVS store in San Francisco.

    Jim Cramer considers this group to be the single best out there, and it's ready to pull off some big deals.

  • These 10 CEOs raked in $14.2B from market rally Thursday, 21 May 2015 | 3:29 PM ET
    Jeff Bezos

    Ten CEOs of S&P 500 companies scored paper gains on their stock holdings of $14.2 billion just this year, USA Today reports.

  • Here's how Pinterest wants to 'pin' advertisers Wednesday, 20 May 2015 | 9:52 AM ET
    Pinterest screen on a mobile phone

    Fresh off its latest $11 billion valuation, Pinterest is unveiling more advertising options to attract marketer dollars.

  • 13 wacky and original ideas raising millions Friday, 15 May 2015 | 11:30 AM ET
    Magnifying glass over illustration of lightbulb in head

    Hundreds of noteworthy new businesses had to be turned away from the 2015 CNBC Disruptor 50 list. Here's a look at the honorable mentions.

  • Mom, daughters build big biz—and lots of confidence Saturday, 9 May 2015 | 11:00 AM ET
    Melanie and Lily Sandler

    After reading about the lack of female CEOs at Fortune 500 companies, Renee Sandler inspired her daughters to think up business ideas. The result is now a multimillion-dollar business.

  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn, who often moves a stock simply by speaking its name, on Monday kicked off the year's most prominent investment conference by laying out a case against oil frackers, arguing these companies drill "lots and lots of holes" and burn through plenty of cash. Einhorn, who often unveils so-called short-bets...

  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn kicked off the 20th annual Sohn Investment Conference in New York on Monday by laying out his case against oil frackers, arguing that these companies drill "lots and lots of holes" and burn through plenty of cash. Activist investor Barry Rosenstein discussed two investment ideas that were already well...

  • April 30- Pharmacy service provider Omnicare Inc is getting buyout interest from potential buyers, including Express Scripts Holding Co and CVS Health Corp, Bloomberg reported, citing people with knowledge of the matter. Omnicare is working with Bank of America Corp and Centerview Partners to explore options including a sale, the report said.

  • Invisible shopping centers? Retail's new reality Friday, 24 Apr 2015 | 9:16 AM ET
    American Apparel Shopping Assistant app

    Forget building new stores. Retailers are using invisible shopping centers and other "augmented reality" to boost sales.

  • *Global nutraceutical market seen at $280 bln by 2018. LONDON, April 21- A boom in "nutraceuticals"- food and drinks with potential health benefits- is paving the way for a rush of deals, as food and drug companies compete to dominate a market expected to be worth $280 billion by 2018.. "The space is ripe for M&A and I think you are going to see more," added Jeremy Johnson,...

  • Walgreens said it will improve pricing and promotions while driving the performance of brands such as No7, Boots Pharmaceuticals and Well at Walgreens. Walgreens also emphasized strategic advantages from its pharmaceutical wholesale business, which allows the company to enter new markets more rapidly than its retail business. "In November our senior...

  • In November our senior leaders did not get an increase, " Walgreens spokesman Michael Polzin said at an analysts meeting in New York. The cost cutting plan was announced in August 2014, and earlier this month, Walgreens said it would increase its projected cuts to $1.5 billion by the end of fiscal 2017.. As a part of that effort, Walgreens would close 200 U.S. stores,...

  • Cramer: Big market positives that can't be ignored Tuesday, 14 Apr 2015 | 6:12 PM ET
    A shopper touches the screen of an Apple Watch in New York.

    Jim Cramer gives a fresh dose of reality when he focuses investors on all of the positive inputs in the market right now.

  • Bye buy: 14 big stores shrink fastest Friday, 10 Apr 2015 | 11:00 AM ET
    A woman on an escalator in a Walgreens store in New York.

    The parent company of Walgreens drugstore is just one of 14 major publicly traded companies quickly reducing store counts. USA Today reports.