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U.S. equity markets opened flat to higher again this morning following the third revision to U.S. GDP growth in the third quarter and the report on new claims for unemployment benefits (more coverage...
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There will be five key market-moving or sector-moving earnings reports this week. With Christmas coming on Tuesday of next week, this will basically be it for earnings season until earnings reports...
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Drug store giant Walgreen Co. (NYSE: WAG) announced this morning that November same-store sales fell 6.2% year-over-year, primarily due to the impact of generic drug sales replacing sales of...
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ThinkstockCVS Caremark Corp. (NYSE: CVS) reported third-quarter 2012 earnings this morning. The pharmacy benefits management and retail sales firm posted adjusted diluted earnings per share (EPS) of...
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ThinkstockWalgreen Co. (NYSE: WAG) is still trying to recover from weak comparable store sales figures. The drug store giant reported that October same-store sales were down by 5.9%, worse than...
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At its analysts meeting today, Wal-Mart Stores Inc. (NYSE: WMT) talked up its expansion into smaller stores, particularly its Neighborhood Market stores. Sales at the more than 200 Neighborhood...
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Same-store sales at Walgreen Co. (NYSE: WAG) dropped 7.8% in September, compared with sales in September 2011, from $5.94 billion to $5.48 billion. Customer traffic fell 2.3% while the average sales...
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The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S....
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Retail sales made a strong comeback in July and August, rising 2.5% and 3.3%, respectively, year-over-year from a very low 0.3% increase in June. According to research firm Retail Metrics, September...
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Walgreen Co. (NYSE: WAG) reported fiscal fourth-quarter 2012 earnings per share (EPS) of $0.63 on revenue of $17.07 billion. In the same period a year ago, the country’s largest drug store chain...
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The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters) EADS says it will stay with a deadline set by regulators for its merger...
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The three major U.S. stock indexes opened higher this morning as markets shook off weak news from Europe in favor of better news from Asia. In Europe, German unemployment stayed at 8.6% (more...
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The three major U.S. stock indexes opened higher this morning but were unable to hold gains into the afternoon. In Europe this morning, a Spanish bond auction widened the spread between German and...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS. Bank...
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In July Walgreen Co. (NYSE: WAG) acquired USA Drug and 144 of the company’s stores for approximately $438 million. At the time, Walgreens’ president/CEO said: This acquisition expands our...
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