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The Latest Breaking News from Walgreens

RBC Says This Pharmacy Chain Has Health Investments On Track Despite Abandoning Divestiture

RBC Capital Markets lowered the price target on Walgreens Boots Alliance Inc (NASDAQ:WBA) to $42 (10% upside) from $46 and maintained the Sector Perform rating. The analysts say that WBA posted solid fiscal 3Q22 results slightly ahead of their estimates and consensus on steady execution in the U.S. against a difficult comp and continued…

Benzinga

Two children die in space of 24 hours after being left in hot car in the US

The child’s father left the baby in the car before going to work

Evening Standard

One-year-old found dead in hot car outside of Walgreens in Georgia

Authorities believe the child was inside the hot car, where temperatures are believed to have exceeded 100 degrees fahrenheit, for several hours

The Independent UK

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Why Kohl's Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Benzinga

Buy-Rated Walgreens Could Be a Recession Winner

With analysts forecasting a recession later this year, investors should consider investing in almost recession-proof stocks. To that end, it could be wise to consider investing in drug store operator Walgreens Boots Alliance (WBA) as the demand for drugs remains stable irrespective of the economic conditions. With robust financials and…

StockNews.com

RH, Walgreens And 3 Stocks To Watch Heading Into Thursday

Some of the stocks that may grab investor focus today are:

Benzinga

Walgreens to offer travel benefits for some workers seeking abortions

Walgreens will reimburse many of its workers for travel expenses if they have to venture more than 50 miles for an abortion, the company said Wednesday — a move that follows a U.S. Supreme Court decision last week ending federal protection for abortion.

Chicago Tribune

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Amazon, Rite Aid cap purchase of emergency contraceptives

Amazon is limiting how many emergency contraceptives consumers can buy, joining other retailers who put in place similar caps following the Supreme Court decision overruling Roe v. Wade

The Independent UK

US pharmacies reportedly set purchase limit on emergency contraception pills

Walmart, CVS and Rite Aid – as well as Amazon – have all set caps on the number of morning-after pills people can purchase

The Guardian - US

£5bn Boots sale abandoned as potential buyers struggle to raise funds

UK’s biggest chemist to stay with Walgreens Boots Alliance as market turmoil makes debt-funded takeovers difficult

The Guardian - UK

Walgreens Retains Boots Business Ownership Amid Market Instability

Walgreens Boots Alliance Inc (NASDAQ:WBA) has decided to retain its Boots and No7 Beauty Company businesses under its existing ownership. The decision marks the conclusion of the review that began in January. The discussions Walgreens had with potential buyers did not yield expected results as the recent market instability severely impacted the financial availability…

Benzinga

Walgreens abandons £5 billion Boots sale

Parent company blames global ‘market instability’ for change of heart

Evening Standard

Group aims to strip Fox News of ad revenue over ‘fueling next insurrection’

Check My Ads targeting news channel website at a time when its prominent hosts are downplaying January 6 insurrection

The Guardian - US

Publix supermarkets not offering COVID vaccine to young kids

The Publix supermarket chain isn't offering the COVID-19 vaccine to children younger than 5

The Independent UK

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The Independent UK

Walgreens teen worker allegedly killed by older colleague to be honored with scholarship

Riley Whitelaw, 17, was a straight-A Colorado Springs student. Her 28-year-old coworker has been charged in her killing

The Independent UK

Teen girl killed in Walgreens break room had reported coworker suspect’s ‘advances’ to managers a year earlier

The Walgreens manager who found the body of Riley Whitelaw, 17, told 911 dispatchers ‘there was blood everywhere’

Miami Herald

‘We are devastated.’ Doctors angry over DeSantis not ordering COVID vaccines for young kids

MIAMI — Dr. Lisa Gwynn can order a COVID-19 vaccine for a Florida 7-year-old, but she can’t for a immunocompromised toddler.

Chicago Tribune

Walgreens to launch business that will connect customers with clinical trials

Some Walgreens customers might soon get a new kind of message from the company, asking if they’d like to participate in a clinical trial.

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Benzinga

Walgreens Launches Clinical Trial Business

Walgreens Boots Alliance Inc (NASDAQ:WBA) has launched its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research. Walgreens will combine the flexible clinical trial model with its vast data on patient insights, partner-enabled health and technology capabilities, and in-person and virtual care options. The…

The Denver Post

Teen Walgreens employee in Colorado reported coworker before she was found dead in breakroom

DENVER — A 28-year-old man is being held on investigation of first-degree murder in the death of a teenage girl at a Walgreens in Colorado Springs.

The Guardian - US

US reeling from tampon shortage as prices of menstrual products go up

CVS and Walgreens confirm some tampons out of stock as non-profits also seeing diminishing supplies

WEKU

It's not just you: Tampons are harder to find — and pricier

Many women say store shelves that once had the menstrual essentials have been sparse for months. When they are available, tampons have been a lot more expensive recently, due in part to inflation.

The Guardian - UK

Boots is up for sale to the highest bidder, but where are they all?

UK retailer offers revamped stores and big online presence, but potential buyers see tired shops and threat of beauty rivals

The Guardian - UK

Reliance Industries and Apollo Global Management in £5bn bid for Boots

Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake

Benzinga

India's Apollo Global, Reliance Make a Binding Offer For UK's Boots: Bloomberg

Apollo Global Management Inc. (NYSE:APO) and Ambani's Reliance Industries Ltd. led consortium have made a binding offer for Walgreens Boots Alliance Inc.'s (NASDAQ:WBA) international arm, reported Bloomberg, citing people familiar with the matter. The source stated that the proposal values Boots at more than £5 billion ($6.3 billion). Walgreens is seeking a valuation of around £7…

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