Traders work on the floor of the New York Stock Exchange on Jan. 2, 2025. Spencer Platt | Getty Images Stocks dropped on Friday after a hot jobs report dampened Wall Street’s expectations for more interest rate cuts from the Federal Reserve this year. The Dow Jones Industrial Average lost …
Read More »Tag Archives: Walgreens Boots Alliance Inc
Walgreens shares soar 15% on big earnings beat, as drugstore chain cuts costs
People make their way near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it shutters stores and cuts other costs to steer itself out of a …
Read More »Cramer’s week ahead: nonfarm payrolls, PMI and earnings from Albertsons
CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting new economic data from the nonfarm payroll report and the latest purchasing managers’ index, as well as earnings from grocery giant Albertsons. “It’s a light week, but still impactful, accept that people will be on edge ahead …
Read More »Walgreens shares pop on report pharmacy chain could sell itself to PE firm Sycamore
People walk by a Walgreens on Nov. 3, 2024 in Brookline, Massachusetts. Danielle DeVries | CNBC Shares of Walgreens jumped about 20% on Tuesday on a report that the company is in talks to sell itself to private equity firm Sycamore Partners. Walgreens and Sycamore have been discussing a deal …
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