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9 mins read

The end of convenience: What the downfall of Walgreens means for America

Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The…

Emily Stewart   


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2 mins read

Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data

Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …

Max Adams   


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1 min read

Walgreens says cooler screens caught fire and showed the wrong prices in its stores

Cooler Screens displays, designed to show ads, caught fire, displayed incorrect prices, and suffere…

Alex Bitter   


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2 mins read

Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed

"We see more opportunities within equities for investors searching for yield," Bank of America's Sa…

Matthew Fox   


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2 mins read

Pharmacy stocks are getting Amazon'd as the consumer giant pushes into online prescription drugs — and CVS and Walgreens are tanking

Amazon's foray into prescription drugs has been in the works for some time, hinted at by its acquis…

Matthew Fox   


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4 mins read

TCS has broken many records in the last three months — but that isn't good enough for the market

India's largest software exporter Tata Consultancy Services (TCS) posted its highest-ever revenue, …

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2 mins read

Walgreens freezes share buybacks after posting $1.7 billion 3rd-quarter loss

The pharmacy chain also said it plans to cut 4,000 jobs, or about 7% of its workforce, after stay-a…

Ben Winck   


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1 min read

Best Buy falls 17% as wave of organized retail theft hits the big box electronics chain, squeezing profit margins

"We are definitely seeing more and more organized retail crime and incidence of shrink in our locat…

Matthew Fox   


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2 mins read

Change Healthcare surges 32% after news of $8 billion acquisition by UnitedHealth

UnitedHealth will pay $25.75 per share in cash for Change's shares outstanding, a 41.2% premium ove…

Emily Graffeo   


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1 min read

Teladoc drops on report that Amazon is building a business to offer primary care for other companies

Amazon's push into healthcare services has been years in the making, most recently marked by the e-…

Matthew Fox   


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2 mins read

Amazon's new digital pharmacy is a trillion-dollar opportunity that the company needs to sustain current growth levels, a Wall Street senior analyst says

D.A. Davidson's Tom Forte told Bloomberg that Amazon's collective healthcare efforts will noticeabl…

Emily Graffeo   


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1 min read

Walgreens and Rite Aid are cutting their deal price - and Rite Aid's stock is dropping

That follows an earlier missed deadline in October 2016. A report from the New York Post at that ti…

Portia Crowe   


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2 mins read

The Dow could be on the verge of a big shakeup following stock splits from Amazon and Alphabet

"All these big tech companies are going to find their way into the Dow because eventually they will…

Matthew Fox   


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3 mins read

Opening Bell: Another 10% lower to go for stocks

The biggest story in markets right now is the big sell-off in stocks — and we're looking at h…

Max Adams   


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1 min read

US stocks trade mixed as investors try to stage a recovery after Fed minutes spark big sell-off

Tech stocks regained some ground after the 10-year yield pulled back from its highest level since M…

Carla Mozée   


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2 mins read

US stocks take a breather after hitting records as traders balk at spiking virus cases

US stocks took a breather on Tuesday after closing at record highs on Monday as investors surveyed …

Matthew Fox   


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8 mins read

Irene Jiang   


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5 mins read

Walgreens is forging alliances with tech giants like Microsoft as it prepares for war with Amazon

The partnerships are an integral part of Walgreens' strategy to stay competitive as it faces stiff …

Lydia Ramsey   


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4 mins read

One crucial question from an analyst on Walgreens' earnings call sums up the massive pressures facing the pharmacy giant

Walgreens' fiscal first quarter results, which are for the three months through November 2019, reve…

Lydia Ramsey   


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15 mins read

Sara Silverstein  Â