Prudent Capitalist
1週前
Not to mention that WBA's largest shareholder, Steffano Pessina, the jerk who orchestrated the merger of Walgreens and Boots and then took everything over and ran it into the ground, is part of the group taking it private and will retain a huge stake in the resulting private entity. Walgreens (WAG) at the time had been trading in the $70 - $90 range before becoming WBA and steadily dropping in share price down to where we are now. Even long time WAG and now WBA shareholders who have a cost basis below $30, and who did not sell their shares up in the $90's, etc. just may likely take a huge bath on this deal.
Prudent Capitalist
1週前
Not necessarily and not according to Duetsche Bank:
Walgreens Boots Alliance Stock Has 'Run Too Far' on Sycamore Deal Speculation, Deutsche Bank Says
11:05 AM EST, 02/28/2025 (MT Newswires) -- Walgreens Boots Alliance (WBA) shares "have run too far" on speculation surrounding a potential take-private deal with Sycamore Partners, Deutsche Bank said in a Thursday note, citing a Financial Times report.
Citing sources with knowledge of the details, the Financial Times reported Thursday that a buyout of Walgreens would set the stage for a three-way split of the company, with the funding for taking it private not expected to be difficult following weeks of talks with Sycamore.
"The article notes financing is in place (not a surprise to us), but the deal strikes us as incredibly complicated and unlikely to be consummated at a premium to the current share price," Deutsche Bank said.
The bank described the deal as "highly difficult," noting that Walgreens' core US business is "especially challenged."
Deutsche Bank downgraded the company to sell from hold and cut its price target to $9 from $11.
The shares of Walgreens Boots Alliance were down nearly 3% in recent trading.
Stock_Barber
2週前
CHICAGO and DEERFIELD, Ill. , Feb. 20, 2025 /PRNewswire/ -- Grubhub announced today that it has teamed up with Walgreens to bring Walgreens and Duane Reade locations nationwide to its marketplace. Through this collaboration, customers have access to 15,000 items for on-demand delivery — including beauty, health and wellness, snacks, personal care, household items, toys, and more.
Grubhub is enhancing the customer experience by expanding its marketplace offerings to include Walgreens and Duane Reade , broadening access to everyday essentials. Grubhub's data shows that customers who shop from convenience merchants on Grubhub order nearly three times more per month than those who don't, making them valuable users of the Grubhub marketplace.
"We're excited to add Walgreens and Duane Reade to offer customers a robust selection of convenience retailers on Grubhub ," said Craig Whitmer , vice president of new verticals at Grubhub . "As a Chicago -based company, working with another hometown favorite is particularly special. The addition of these two brands helps us scale our convenience offerings across the country with a strong focus on key markets like Chicago and New York City , and we look forward to delivering even more value and convenience to our shared communities."
"Customers today expect to get what they want, when they want it, how they want it," said Sharmila Sudhakar , group vice president of digital commerce and omni experience at Walgreens . "The addition of Grubhub to Walgreens ' growing roster of delivery partners helps meet that expectation and offers shoppers another simple and trusted same-day solution to get the essentials they need."
Walgreens and Duane Reade are part of Grubhub+, Grubhub's loyalty program, which offers members perks like $0 delivery fees and lower service fees on eligible orders, discounted priority delivery, and ongoing member-only exclusive offers.* Walgreens joins a growing list of convenience retailers available on Grubhub .
bar1080
1月前
Nothing but complaints from overworked pharmacists.
"The number of applicants to pharmacy schools has been dropping since 2013. In 2022, the number of applicants was about 36,000, down 64% from 2012.
Fewer graduates The number of pharmacy school graduates has also been declining. This is due to a combination of factors, including changes in career preferences, burnout, and financial constraints. "
bar1080
2月前
I'd expect more severe dividend cuts like last_February,
" Date ,,, Dividend
Nov 18, 2024 0.25 Dividend
Aug 21, 2024 0.25 Dividend
May 20, 2024 0.25 Dividend
Feb 16, 2024 0.25 Dividend
Nov 13, 2023 0.48 Dividend
Aug 18, 2023 0.48 Dividend
May 18, 2023 0.48 Dividend
Feb 15, 2023 0.48 Dividend
Nov 14, 2022 0.48 Dividend
Aug 18, 2022 0.48 Dividend
May 19, 2022 0.48 Dividend
Feb 17, 2022 0.48 Dividend
Nov 12, 2021 0.48 Dividend
Aug 19, 2021 0.48 Dividend
May 20, 2021 0.47 Dividend
Feb 18, 2021 0.47 Dividend
Nov 18, 2020 0.47 Dividend
Aug 18, 2020 0.47 Dividend
May 19, 2020 0.46 Dividend
Feb 18, 2020 0.46 Dividend