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Stock Market & Financial Investment News

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August 4, 2014
15:57 EDTWAGWalgreen announcements on structure likely following CFO change, says Cantor
Cantor believes that recent executive changes at Walgreen, including today's CFO announcement, represent a changing of the guard ahead of an announcement about the second phase of the Alliance Boots transaction. However, Cantor thinks inversion prospects are largely discounted in the stock and that expectations around the earnings benefits from an inversion are very aggressive. The firm maintains its Sell rating on Walgreen.
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