The tax plan crafted by the administration and Republican congressional leaders is expected to be unveiled Wednesday, a positive for stocks.
Synchronoss Technologies Inc., down $6.93 to $9.82. Rite Aid Corp., down 33 cents to $2.40. Regulators approved a deal in which Walgreens will buy 1,932 Rite Aid stores, fewer than the companies had planned.
Walgreens says it will buy 1,932 stores from Rite Aid for $4.38 billion, 254 fewer stores than it had intended in June.
Walgreens and Rite Aid have finally devised a deal between the nation's largest and third-largest drugstore chains that will get past antitrust regulators. Walgreens will now spend $4.38 billion on 1,932 stores, three distribution centers and inventory. That deal marked a step down from Walgreens' initial plan to take over Camp Hill, Pennsylvania- based Rite...
Walgreens says it received regulatory clearance to buy 1,932 stores, 254 stores lesser than it had previously intended.
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As Amazon celebrates its third Prime Day, the stocks of some of the retailers it's been crushing are hitting rock bottom.
Retail consultant Jan Kniffen speculates that Sears could file for bankruptcy as early as next month.
The Walgreens-Rite Aid deal puts it in a strong position if companies like Amazon decide to enter the pharmacy business, Walgreens CEO says.
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Walgreens CEO thinks the company remains in a strong position to compete, even if entrants such as Amazon move into the market.
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Walgreens canceled its merger deal with Rite Aid on Thursday and replaced it with a new agreement.
The "Squawk on the Street" crew discusses Walgreen's failed deal with Rite Aid and the company's quarterly results.
John Ransom, Raymond James analyst, talks about Walgreens' "tactical retreat" from its deal with Rite Aid.
Walgreens Boots Alliance canceled its previous merger deal with Rite Aid and replaced it with a new agreement, which also impacts Fred's.
The "Squawk Box" crew reports the new deal involves Walgreens buying nearly 2,200 Rite Aid stores for nearly $5.2 billion in cash.
Rite Aid stock is up over 11 percent in midday trading Monday, and the FTC looks increasingly to approve Rite Aid's merger with Walgreens.