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Walgreens Boots Alliance Inc (WBA.OQ)

WBA.OQ on NASDAQ Stock Exchange Global Select Market

70.36USD
14 Dec 2017
Change (% chg)

$-1.36 (-1.90%)
Prev Close
$71.72
Open
$71.47
Day's High
$71.53
Day's Low
$70.01
Volume
2,255,621
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2,543,580
52-wk High
$88.00
52-wk Low
$63.82

Latest Key Developments (Source: Significant Developments)

Walgreens Boots Alliance To Invest In Chinese Pharmacy Chain GuoDa
Wednesday, 6 Dec 2017 07:00am EST 

Dec 6 (Reuters) - Walgreens Boots Alliance Inc ::WALGREENS BOOTS ALLIANCE TO INVEST IN CHINESE PHARMACY CHAIN GUODA.SAYS ‍UPON COMPLETION, WALGREENS BOOTS ALLIANCE WOULD ACCOUNT FOR THIS STAKE AS AN EQUITY METHOD INVESTMENT​.- CO'S BID MET REQUIREMENTS SET BY SELLER TO BUY 40 PERCENT MINORITY STAKE IN GUODA VIA A CAPITAL INCREASE WORTH RMB2.767 BILLION.  Full Article

China National Accord Medicines's unit brings in strategic investor
Wednesday, 29 Nov 2017 04:48am EST 

Nov 29 (Reuters) - China National Accord Medicines Corp Ltd <000028.SZ>200028.SZ::SAYS UNIT HAS BROUGHT IN WALGREENS BOOTS ALLIANCE INC'S <<>> HONG KONG UNIT AS STRATEGIC INVESTOR.SAYS WALGREENS BOOTS ALLIANCE'S HONG KONG UNIT INVESTS 2.8 BILLION YUAN ($424.36 million) FOR 40 PERCENT STAKE IN ITS UNIT.  Full Article

Walgreens receives notice of unsolicited mini-tender offer by TRC Capital to purchase up to 2 mln shares
Monday, 20 Nov 2017 09:00am EST 

Nov 20 (Reuters) - Walgreens Boots Alliance Inc :Walgreens Boots Alliance - received notice of unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 2 million shares of co's stock.Walgreens Boots Alliance Inc - the offer to purchase up to 2 million shares of co's ‍stock is at a price of $67.88 per share in cash​.Walgreens Boots Alliance Inc - ‍recommends that stockholders do not tender their shares in response to offer​.  Full Article

Walgreens Boots Alliance completes supply agreement with Fareva
Tuesday, 31 Oct 2017 09:25am EDT 

Oct 31 (Reuters) - Walgreens Boots Alliance Inc :Walgreens Boots Alliance completes long-term global supply agreement with Fareva.Walgreens Boots Alliance - ‍commenced partnership with Fareva for manufacture & supply of own beauty brands & private label products​.  Full Article

Walgreens Boots Alliance says director Ginger Graham ​reports a purchase of 2,150 shares on Oct. 26
Monday, 30 Oct 2017 07:36am EDT 

Oct 30 (Reuters) - Walgreens Boots Alliance Inc :Walgreens Boots Alliance says director Ginger Graham ​reports a purchase of 2,150 shares at average price of $69.86/share on October 26 - SEC filing.  Full Article

Walgreens Boots Alliance says director John Anthony Lederer reports purchase of 20,000 shares on Oct. 26
Monday, 30 Oct 2017 07:34am EDT 

Oct 30 (Reuters) - Walgreens Boots Alliance Inc :Walgreens Boots Alliance says director John Anthony Lederer reports purchase of 20,000 shares at average price of $67/share on October 26 - SEC filing.  Full Article

CVS Health introduces new PBM performance-based pharmacy network
Tuesday, 24 Oct 2017 04:15pm EDT 

Oct 24 (Reuters) - CVS Health Corp :CVS Health introduces new PBM performance-based pharmacy network focused on reducing costs and improving clinical outcomes.Says ‍announced a new 30,000-store performance-based pharmacy network anchored by CVS Pharmacy and Walgreens​.Says ‍CVS Caremark will make this network available to eligible PBM clients for implementation beginning March 2018​.  Full Article

Rite Aid Q2 adjusted earnings per share $0.03
Thursday, 22 Sep 2016 07:00am EDT 

Rite Aid Corp : Rite Aid reports fiscal 2017 second quarter results . Q2 adjusted earnings per share $0.03 . Q2 earnings per share $0.01 . Q2 revenue $8.0 billion versus I/B/E/S view $8.17 billion . Q2 same store sales fell 2.5 percent . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Qtrly retail pharmacy segment revenues were $6.5 billion and decreased 2.4 percent compared to prior year .Company continues to believe that Rite Aid and Walgreens Boots Alliance Inc. Transaction will close in second half of calendar year 2016..  Full Article

Walgreens Boots Alliance entered into a term loan credit agreement - SEC Filing
Wednesday, 31 Aug 2016 06:50am EDT 

Walgreens Boots Alliance Inc: Entered into a term loan credit agreement - SEC Filing . Commitments under certain bridge term loan credit deal, dated as of December 18, 2015, automatically reduced by $1.0 billion .Aggregate commitments of Sumitomo Mitsui Banking Corporation under credit agreement are equal to $1.0 billion.  Full Article

Walgreens and Prime Therapeutics Agree to Form Strategic Alliance
Monday, 29 Aug 2016 09:00am EDT 

Walgreens Boots Alliance Inc : Walgreens and Prime Therapeutics agree to form strategic alliance; includes retail pharmacy network agreement and combines companies' central specialty pharmacy and mail service businesses . Prime will continue to support client-specific network choices for health plans . Walgreens will be core participant in Prime's national preferred pharmacy network, beginning Jan. 1, 2017 .Combined company will be consolidated by parent company of Walgreens, in its financial statements.  Full Article

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Breakingviews - Walgreens gets in early on healthy growth in China

HONG KONG (Reuters Breakingviews) - Walgreens Boots Alliance is positioning itself for future healthy growth in China. On Wednesday, the U.S. drugstore chain said it would pay $416 million for 40 percent of Shanghai-headquartered peer GuoDa. A sensible shake-up of drug distribution and sales by Beijing is spurring consolidation and giving pharmacies a stronger hand. This deal gives Walgreens market insight and could be a springboard for more investment.