Corporate cash-hoarding continues
Even as the economy improves, corporate America continues to pile up record amounts of unused cash, Bloomberg reports. Read more at Counterparties
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Walgreen raises dividend 28.6 percent
(Reuters) - Walgreen Co (WAG.N), which operates the largest U.S. drugstore chain, raised its dividend on Monday.
Walgreen, with a fleet of about 7,850 stores, will now pay a quarterly dividend of 22.5 cents per share, up 28.6 percent increase over the year ago dividend.
(Reporting By Phil Wahba, editing by M.D. Golan)
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