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The Latest Breaking News from Walgreens

Rite Aids could be closing down as company eyes second bankruptcy in two years

The troubled drugstore chain previously filed for Chapter 11 bankruptcy in 2023, which resulted in more than 800 store closures

The Independent UK

Walmart Shoppers Stunned To Find Steaks Locked in Metal Cages Amid Theft Crackdown

A viral video showing steaks locked in metal cages at a Walmart has stunned shoppers and highlighted retailers' escalating measures to combat theft.

International Business Times UK

Walgreens agrees to pay US up to $350m for illegally filling opioid prescriptions

Drugstore chain settles with DoJ over claims it dispensed millions of unlawful prescriptions for more than a decade

The Guardian - US

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Walgreens to pay up to $350 million in U.S. opioid settlement

Walgreens has agreed to pay up to $350 million in a settlement with the U.S. Department of Justice, who accused the pharmacy of illegally filling millions of prescriptions in the last decade for opioids and other controlled substances

The Independent UK

‘It might be gutted’ – Boots braces for dose of private equity’s bitter medicine

The 176-year-old chemist is preparing for another change of hands. What’s the mood of staff and residents at its home base in Nottinghamshire?

The Guardian - UK

With Palantir stock taking off, CEO Alex Karp has finally been vindicated

Palantir’s strategy of building software for defense and intelligence agencies has taken off, and Silicon Valley is following Karp’s lead.

Fortune

Walgreens Comeback? Private Equity Circling for a Buyout

Walgreens stock might be a good name to consider in the coming months, especially as new developments might boost a takeover bid.

MarketBeat

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Suspect who killed Walgreens worker ‘had grudge against big pharmacies’, police say

Narciso Gallardo Fernandez, 30, was arrested and charged with murder after he was captured on surveillance footage from inside the store waving a gun around

The Independent UK

26 Modern Conveniences That Are, Ironically, Not Very Convenient At All

Just because something is new doesn’t automatically make it better, easier to use, and more consumer-friendly than older technology. The post 26 Modern Conveniences That Are, Ironically, Not Very Convenient At All first appeared on Bored Panda.

Bored Panda

38 People Are Sharing Modern ‘Conveniences’ That They Can’t Stand

Just because something is new doesn’t automatically make it better, easier to use, and more consumer-friendly than older technology. The post 38 People Are Sharing Modern ‘Conveniences’ That They Can’t Stand first appeared on Bored Panda.

Bored Panda

Walgreens employee arrested for assault after attempting to stop shoplifter

A Walgreens employee is behind bars on assault with a deadly weapon charges in San Francisco after he was accused of stabbing a would-be shoplifter in the eye.

The Independent UK

Some La Roche-Posay, Proactiv and Walgreens acne treatments recalled due to benzene levels

The Food and Drug Administration is asking retailers to remove a small number of acne creams from their shelves that contain slightly elevated levels of a chemical linked to cancer

The Independent UK

Walgreens Boots Alliance: Don’t Write Off This Asset Champ Yet

Walgreens Boots Alliance agreed to an $11.45 per share buyout by Sycamore Partners, but shareholders can reject the deal and holdout for a better offer.

MarketBeat

Texas cities run short of MMR vaccine as measles outbreak drives demand

Pharmacies are struggling with supplies as fatal outbreak expands and health secretary sows disinformation

The Guardian - US

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Kiplinger

Stock Market Today: Stocks Swing Higher on Powell Speech

Investors cheered after Fed Chair Powell repeated his confidence in the strength of the U.S. economy.

Barchart

Walgreens Is Going Private. Is It Too Late to Buy WBA Stock?

Walgreens stock opened about 8% up on Friday following news it has agreed to go private in a $23.7 billion deal with Sycamore Partners.

The Guardian - UK

US owner of UK pharmacy chain Boots to be taken private in $10bn deal

Sale of Walgreens Boots Alliance to Sycamore Partners will mean further uncertainty for staff of pharmacy chain

The Independent UK

Walgreens agrees to be acquired by private equity firm for almost $10 billion

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money

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Barchart

Analysts Are Pounding the Table: Sell This High-Yield Dividend Stock Now

Walgreens Boots Alliance, once a reliable dividend stock, is now under scrutiny as it suspends dividend payments, faces declining retail performance, and navigates potential takeover talks.

Kiplinger

Stock Market Today: Stocks Recover From Trump-Zelensky Slide

Reports of a combative meeting between the two leaders sent stocks temporarily lower Friday afternoon.

Barchart

Take a LEAP of Faith With These 3 Unusually Active Call Options

Walgreens Boots Alliance had five unusually active call options on Thursday. Three of the struggling drug store chain's calls expire in nearly three years. If you're an aggressive investor, you might take a LEAP of faith.

The Conversation

Why community pharmacies are closing – and what to do if your neighborhood location shutters

Neighborhood pharmacies are rapidly shuttering.

MarketBeat

High-Yield Healthcare: 3 Stocks With Strong Dividends

This article covers three healthcare stocks that offer dividend yields of at least 7% and dives deeper into the fundamentals to determine if they're good buys.

International Business Times

Flu Index Shows Cases Increasing For 4 Weeks In A Row. Here Are The 5 States Hit The Worst

Flu cases are "significantly higher" than the same period last year according to the Walgreens Flu Index.

International Business Times

Walgreens Manager Pleads Guilty In String Of Inside-Job Armed Robberies

London Teeter faces up to 20 years in prison when she is sentenced in federal court.

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