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Tag Archives: rad
Walgreens Tumbles on Costly Global Deal (Update 1)
Updated to include CEO comments and additional analyst reactions. NEW YORK (TheStreet) — Amid a contract standoff with competitor Express Scripts and sales losses to CVS Caremark , Walgreens, the largest drugstore chain in the U.S., is hitting back after taking a 45% stake in European pharmacy giant Alliance Boots for $6.7 billion, in a cash and stock deal. Continue reading
Posted in Stocks, World News
Tagged caremark, competitor, deal, drugs, express, powerhouse, private equity, rad, scaled, scripts, stock, wag, walgreens
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Stocks Soar, Finish Near Session-Highs
NEW YORK (TheStreet) — Stocks soared Thursday as optimism about China’s economic growth and stimulus-friendly commentary from Federal Reserve officials revived the risk-on trade. The main driver for the buying was rampant speculation that China’s upcoming gross domestic product report will surprise to the upside Continue reading
Justin Bieber’s Snake — Exposed in Minnesota
Justin Bieber now has one fewer snake to hold on a daily basis — because the legless reptile-turned-fashion accessory he carried around at the VMAs last year has found a new home … in a Minnesota zoo (below).A rep for the Rad Zoo in Owatonna, MN… Continue reading