Key Developments: Walgreen Co (WAG)

WAG on New York Consolidated

49.61USD
17 May 2013
Price Change (% chg)

$0.77 (+1.59%)
Prev Close
$49.11
Open
$48.92
Day's High
$49.65
Day's Low
$48.75
Volume
4,083,159
Avg. Vol
6,142,789
52-wk High
$50.50
52-wk Low
$28.53

Search Stocks

Latest Key Developments (Source: Significant Developments)

Walgreen Co Extends CVS Caremark Network Provider Agreement
Monday, 13 May 2013 08:30am EDT 

Walgreen Co announced that it has extended its agreement as a network pharmacy provider in the CVS Caremark pharmacy benefit management (PBM) national retail network. The companies are not disclosing the financial and other confidential terms of the agreement.  Full Article

Walgreen Co Declares Regular Quarterly Dividend
Wednesday, 10 Apr 2013 02:55pm EDT 

Walgreen Co announced that it declared a regular quarterly dividend of $0.275 per share, a 22.2% increase over the year ago dividend. The dividend is payable June 12, 2013, to shareholders of record May 21, 2013.  Full Article

Walgreen Co And Alliance Boots GmbH Announces Strategic, Long-Term Relationship With AmerisourceBergen Corp
Tuesday, 19 Mar 2013 06:30am EDT 

Walgreen Co and Alliance Boots GmbH announced that they have entered into a long-term partnership with AmerisourceBergen. This relationship will enable Walgreens, Alliance Boots and AmerisourceBergen to benefit from greater scale and global opportunities and work together on programs to improve service levels and efficiencies, while reducing costs and increasing patient access to pharmaceuticals. Together these three companies will help address global health care challenges by making it easier for manufacturers to bring products to market; increasing accessibility to the benefits of global sourcing and practices for community pharmacies; and providing patients with better access to health care. Branded and Generic Pharmaceutical Distribution Contract: Walgreens and AmerisourceBergen have agreed to expand their existing relationship beyond the specialty items currently distributed by AmerisourceBergen to a 10-year comprehensive primary distribution agreement for branded and generic pharmaceutical products. The agreement will result in the distribution by AmerisourceBergen of the branded pharmaceutical products that Walgreens has historically sourced from distributors and suppliers, effective September 1, 2013.  Full Article

Walgreen Co Being Sued Over Vitamin E Supplement Claims-Reuters
Monday, 11 Mar 2013 02:11pm EDT 

Reuters reported that Walgreen Co has been sued by a California woman who accused the U.S. drugstore chain of deceiving customers into believing its Vitamin E dietary supplement contributes to cardiovascular health. Walgreen spokesman Jim Graham declined to comment. A lawyer for Trujillo did not immediately respond to a request for comment.  Full Article

MMRGlobal Inc's MyMedicalRecords, Inc Files Patent Infringement Complaint Against Walgreen Co
Thursday, 31 Jan 2013 08:35am EST 

MMRGlobal Inc's MyMedicalRecords, Inc. announced the filing of a complaint for patent infringement against Walgreen Co . The complaint alleges that Walgreens is infringing on MMR's Personal Health Records patent, specifically U.S. Patent No. 8,301,466, and as a result, MMR is seeking monetary damages as well as a permanent injunction. As stated in the complaint, Walgreens is the drugstore chain with fiscal 2012 sales of $72 billion, operating 8061 drugstores and providing services to over 6 million customers.  Full Article

Walgreen Co's Take Care Health Systems And Community Health Network Announce Clinical Collaboration Agreement
Wednesday, 30 Jan 2013 08:00am EST 

Walgreen Co subsidiary Take Care Health Systems and Indianapolis-based Community Health Network announced a clinical collaboration that will facilitate more coordinated health care services, and improve patient access to high-quality, convenient and affordable care throughout Central Indiana. Components of the agreement will include: Greater access to care with Take Care Clinics offering evening and weekend hours, convenient locations and online appointment scheduling Coordination of care for Community Health Network patients with Take Care Clinic providers for acute, chronic and diagnostic services Direct communication between Community Health Network physicians and Take Care Clinic nurse practitioners to facilitate care coordination and sharing of patient information Sharing of information regarding Community Health Network services with Take Care Clinic patients; and informing Community  Full Article

Walgreen Co Declares Regular Quarterly Dividend
Thursday, 10 Jan 2013 06:44pm EST 

Walgreen Co announced that it has declared a regular quarterly dividend of $0.275 per share, a 22.2% increase over the year ago dividend. The dividend is payable on March 12, 2013, to shareholders of record February 15, 2013.  Full Article

Walgreen Co Issues FY 2016 Guidance-Conference Call
Friday, 21 Dec 2012 08:30am EST 

Walgreen Co announced that for fiscal 2016, it affirmed combined set of goals of $130 billion of revenue; $9 billion to $9.5 billion of adjusted operating income, or $8.5 billion to $9 billion on a US GAAP basis.  Full Article

Walgreen Co Completes Transaction to Gain Ownership Stake in Cystic Fibrosis Specialty Pharmacy
Friday, 7 Dec 2012 08:55am EST 

Walgreen Co announced that they have completed a transaction giving Walgreens a ownership stake in Cystic Fibrosis Foundation Pharmacy LLC, the parent company of Cystic Fibrosis Services Inc.  Full Article

Walgreen Co And Alliance Boots Form Joint Venture Company
Tuesday, 30 Oct 2012 08:00am EDT 

Walgreen Co announced that it has formally set up a new company, jointly owned with Alliance Boots, as part of their strategic partnership`s synergy program. The new company, called Walgreens Boots Alliance Development GmbH, is based in Bern, Switzerland.  Full Article

Walgreen Co News

UPDATE 2-CVS Caremark profit rises, helped by generics, flu season

* CEO still confident can keep 60 pct of business won from Walgreen fight

» More WAG News

Earnings vs. Estimates

» More Financials
Search Stocks