Drug Retail

Walgreens (NYSE: WAG) today announced the largest quarterly dividend increase in the history of the company, an increase of 28.6 percent to 22.5 cents per share from the previous 17.5 cents per share. The board has now authorized a $2 billion share repurchase plan, to expire December 31 2015. This...

Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) authorized a new $2 billion share repurchase program, which will expire Dec. 31, 2015.

The board of directors of Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) today increased the quarterly dividend 28.6 percent – the largest quarterly dividend increase in the company's 110-year history – to 22.5 cents per share from the previous rate of 17.5 cents per share. The dividend is payable Sept....

The recent collapse in the share price of Chinese reverse mergers is at this point widely known. But, what if investors had simply purchased a basket of companies with the name "China" somewhere in the security? Here are the performances of securities on the NYSE, containing the word "China,"...

CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved a quarterly dividend of $0.125 (12.5 cents) per share on the Common Stock of the Corporation, payable August 2, 2011 to holders of record on July 22, 2011.

Shares of Walgreen Co (NYSE: WAG) gained about 0.9% after the company reported a 4.8% rise in its June same-store sales. Analysts were expecting a 2.8% increase. Comparable results included a 4.7% rise in non-pharmacy front end sales. Its comparable pharmacy sales climbed 4.9%. Walgreen's total...

Walgreen Co (NYSE: WAG) reported a 4.8% rise in its June same-store sales. Analysts were expecting a 2.8% increase. Comparable results included a 4.7% rise in non-pharmacy front end sales. Its comparable pharmacy sales climbed 4.9%. Walgreen's total sales jumped 6.8% to $6.04 billion....

US stock futures are lower this morning, as investors are awaiting economic data. Futures on the Dow Jones Industrial Average dipped 32 points to 12,501.00 and futures on the S&P 500 stock index fell 4.60 points to 1,332.10. Nasdaq 100 futures dropped 5.75 points to 2,366.25. US stocks closed...

“This month we have decided to take a look at drugstore market share changes over the last few years across the top TV markets in the U.S.,” Jefferies wrote in a report. “As the industry consolidates, larger players such as CVS Caremark (NYSE: CVS) and Walgreens (NYSE: WAG) continue to gain share....

Shares of MSC Industrial Direct Co Inc (NYSE: MSM) dropped about 0.5% after the company reported upbeat fiscal third-quarter earnings and issued weaker-than-expected Q4 earnings. MSM reported its quarterly profit at $62.1 million, or $0.97 per share, up from $44.3 million, or $0.69 per share, in...

Rite Aid Corporation (NYSE: RAD) today announced sales results for June. Monthly Sales For the four weeks ended June 25, 2011, same store sales increased 1.8 percent over the prior-year period. June front-end same store sales increased 1.5 percent while pharmacy same store sales, which included...

Walgreens (NYSE: WAG) today unveiled its “Chicago Hometown Investment Initiative,” a plan to provide an estimated 600 new jobs in the city over the next two years and quadruple its number of food oasis stores. Roughly half of the jobs are expected to result from expansion of Walgreens downtown...

Citi is out with its report today on Walgreen (NYSE: WAG), reiterating Hold. In a note to clients, Citi writes, "WAG delivered strong +4.1% topline growth during F3Q11 as its Customer Centric Retailing initiative continued to gain traction by driving more trips and increased basket size. Looking...

On CNBC's Fast Money, Tim Seymour said that he wants to buy Fibria Celulose S.A. (ADR) (NYSE: FBR) on Tuesday. Fibria Celulose S.A. (ADR) (FBR) gained 0.31% today, and it closed at $13.00. Karen Finerman thinks that CVS Caremark Corporation (NYSE: CVS) is a buy. CVS Caremark Corporation (CVS)...

Goldman Sachs reiterated its Neutral rating on Rite Aid Corporation (NYSE: RAD). At the same time, Goldman raised its price target on the company's stock from $1.25 to $1.40. On Friday, Rite Aid closed the week at $1.20.