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Why Walgreens Is Shuttering 1,200 Stores While Pharma Sales Soar To $722 Billion
Saturday, January 4, 2025 - 11:02am | 729Walgreens is pulling the plug on 1,200 stores over the next three years. That's no small cut. And they're not the only ones feeling the squeeze. Business Insider reported that CVS and Rite Aid are scaling back too. So, how does a business in the middle of a $722 billion industry end up here? Let's...
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Pharma-Grade Cannabis Could Hit Walgreens & CVS—But Can The Industry Survive The FDA?
Thursday, November 28, 2024 - 1:30pm | 1596As the formal review process for rescheduling cannabis unfolds, industry players are closely watching its potential to transform the sector. With the DEA hearing delayed until early 2025 and a possible Trump presidency adding uncertainty, cannabis businesses are preparing for what rescheduling to...
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Amazon Replacing Walgreens In Dow Jones Industrial Might Not Be A Great Thing: 'Will History Repeat Itself?'
Wednesday, February 21, 2024 - 5:32am | 696Amazon Inc. (NASDAQ:AMZN) is set to join the Dow Jones Industrial Average (DJIA), a move that may not be as favorable for the company as it appears. What Happened: During CNBC’s Last Call, host Brian Sullivan expressed that Amazon replacing Walgreens Boots Alliance Inc....
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QuantumScape, Peloton, Eli Lilly, Walgreens, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, January 4, 2024 - 9:57pm | 684U.S. stock markets gave a mixed picture on Thursday with the Dow Jones inching up 0.03% to 37,440.34. The S&P 500 and Nasdaq fell 0.34% and 0.56% to 4,688.68 and 14,510.30 respectively. These are the top stocks that gained the attention of retail traders and investors throughout the day:...
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Endexx Acquires Controlling Interest In Non-Nicotine Vape Producer Hyla
Thursday, September 8, 2022 - 7:53am | 476Endexx Corporation (OTCPK:EDXC) acquired a controlling interest in Hyla US Holdco Limited, a producer and distributor of organic, plant-based, all-natural, zero-nicotine vape products. The acquisition provides two key benefits to Endexx in the near term: an expanded international distribution...
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e2e Pharma Expanding Manufacturing Facility, Offering End-To-End Co-Pack Services For CBD And Non-CBD Brands
Tuesday, July 19, 2022 - 11:41am | 441e2e Pharma, a private label end-to-end manufacturer for CBD and non-CBD branded topicals and ingestibles that are sold direct to consumers online and through nationwide retail chains, is expanding the company’s fully operational, 30,000-square-foot manufacturing facility with four clean rooms...
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The Latest Picks And Pans From Barron's: Barrick Gold, BioNTech, Facebook, WW And More
Sunday, April 4, 2021 - 10:09am | 1149This weekend's Barron's cover story discusses a beleaguered social media giant that is still a buy. Other featured articles share infrastructure picks, capital spending picks and a veteran fund manager's income picks. Also, see the prospects for an up-and-coming biotech, a gold...
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Fintech Focus For March 31, 2021
Tuesday, March 30, 2021 - 5:35pm | 2414Quote To Start The Day: Making renewable energy from solar isn’t that complicated anymore. Source: Greg Barron-Gafford One Big Thing In Fintech: The technology needed to support ETF trading has advanced considerably in the last decade. In the past it was necessary to build in-house, but now...
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Benzinga's Weekly Bulls And Bears: AMD, Marathon, Tesla, Uber, Walgreens And More
Saturday, January 16, 2021 - 1:04pm | 1264Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included the electric vehicle leader and a recovering retailer. A ride-sharing company and a semiconductor maker were among the bearish calls. As the fourth-quarter earnings...
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How Fundamental Income Provides Investors Income Through The Net Lease Sector
Monday, December 14, 2020 - 9:30am | 997Benzinga held its inaugural Benzinga Global Small Cap Conference, a day of dealmaking, networking, and learning, on Dec. 8-9. In recognition of those disruptive innovators creating positive and diverse change, Benzinga presents Fundamental Income. About: Fundamental Income is a multi-faceted...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Fintech Focus For July 2, 2020
Thursday, July 2, 2020 - 10:46am | 1861Daily Perspective: If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success. - James Cameron Fintech Movers: In a statement, Federation of European Securities Exchanges (FESE) described the attempt to shorten the European trading day as a...
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Benzinga's Bulls And Bears Of The Week: Apple, Disney, Intel And More
Saturday, April 11, 2020 - 2:10pm | 813Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the iPhone maker and the leading electric vehicle maker. Bearish calls included entertainment, financial and pharmaceutical giants. The economic and social fallout from the...
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Walgreens Isn't Getting Closer To Turning Sickness To Health
Thursday, January 9, 2020 - 1:32pm | 897Walgreens Boots Alliance Inc (NASDAQ: WBA) reported its first fiscal quarter earnings on Wednesday, January 8 before the market opened. Its profits were harmed by increased competition from online and discount retailers, resulting in less prescriptions. Despite the slow start of 2020, the company...
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CES 2020: FedEx, Walgreens Execs Share Last-Mile Delivery Solutions
Tuesday, January 7, 2020 - 10:02am | 1007Speaking to an audience at the Consumer Electronics Show, the massive technology conference taking place in Las Vegas this week, the chief marketing officers for FedEx Corp (NYSE: FDX) and Walgreens Boots Alliance Inc. (NASDAQ: WBA) shared stories about their last-mile delivery innovations as e-...