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Stock Market & Financial Investment News

News Breaks
December 21, 2012
07:39 EDTWAGWalgreen adjusts view on FY13 accretion from Alliance Boots investment
The company previously estimated its accretion related to the Alliance Boots investment for FY13 would be 23c-27c per diluted share. As a result of a one-quarter rather than a one-month reporting lag period, the company estimates that the accretion over the last three quarters of FY13 will be an adjusted 25c-29c per diluted share, and an adjusted 18c-22c for the full fiscal year. These estimates do not include amortization expense or one-time transaction costs, and reflect the company’s current estimates of IFRS to GAAP conversion and foreign exchange rates.
News For WAG From The Last 14 Days
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October 17, 2014
09:03 EDTWAGWalgreen venture investment head leaves after short time in post, Fortune says
Bill Wafford, who was named managing director of Walgreen’s venture capital and growth equity investment business Well Ventures just this this past January, has left the company, according to Fortune. Reference Link
08:14 EDTWAGWalgreen sued by former CFO for defamation, Reuters reports
Wade Miquelon, the former CFO of Walgreen, filed a lawsuit yesterday in state court in Chicago alleging that CEO Gregory Wasson and director Stefano Pessina, the company's biggest shareholder defamed him in news reports that blamed him for errors in its earnings forecast, Reuters reports. The Wall Street Journal reported in August that Miquelon lost his job following a $1B error in forecasting Walgreen's Medicare-related business, and later said Miquelon's error caused the company to cut its forecast in pharmacy unit earnings for the year ending August 2016. Reference Link
October 14, 2014
06:03 EDTWAGWalgreen implied volatility of 27 at lower end of index mean range
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October 13, 2014
06:41 EDTWAGWalgreens to roll out Apple Pay on October 18, MacRumors reports
Walgreens (WAG) will begin rolling out Apple Pay (AAPL) on Saturday, October 18, according to a memo obtained by MacRumors. Reference Link
06:13 EDTWAGWalgreen implied volatility of 25 at lower end of index mean range
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October 10, 2014
06:04 EDTWAGWalgreen implied volatility of 24 at lower end of index mean range
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October 8, 2014
06:02 EDTWAGWalgreen implied volatility of 23 at lower end of index mean range
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October 6, 2014
11:00 EDTWAGOptions with decreasing implied volatilit
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