Walgreen Co.

The White House is struggling to find an appropriate response to the cyber attack and violent threats against Sony Corp (NYSE: SNE), which were linked to the North Korean government. Republicans in Washington have been pushing the President to enact financial sanctions against the country, but...

According to Goldman Sachs, Walgreen (NYSE: WAG) price target is decreased to $47. Goldman Sachs said that WAG's underlying May quarter results exceeded our expectation, with EBIT beating our forecast in high-quality fashion, as gross margin rate exceeded our estimate despite input cost pressures...

According to Citi, Walgreen (NYSE: WAG) reported F3Q11 EPS of $0.65 per diluted share, above its estimate of $0.63, above consensus of $0.62, and vs. $0.52 last year (excld. one-time items LY). Citi said that reported F3Q11 EPS included a (-$0.01)/share impact from restructuring and restructuring-...

Goldman Sachs maintains its Buy rating and its $48 price target on Walgreen Company (NYSE: WAG) as the company prepares to release its quarter results, due next Tuesday. In the report, Goldman Sachs writes, “For WAG's May quarter results, due out on June 21, we expect EPS of $0.63, vs. $0.52 a...

According to Jefferies, Walgreen (NYSE: WAG) were invited to management meetings. Jefferies said that it had the opportunity to host Walgreen management in KC and Houston and came away bullish. “While industry fundamentals should support a solid Rx business, the real opportunity appears to be in...

According to Jefferies, Walgreen's (NYSE: WAG) purchase of drugstore.com, while small on the relative scale, appears positive in its view as it strengthens and broadens WAG's core area of expertise and provides a foray into the fast-growing online retail channel. Jefferies reported that Walgreen...

In a report published by Credit Suisse, Walgreen (NYSE: WAG) Q2 falls short of high expectations. Estimates are lowered. Rating is Neutral. Price Target is $46.00. Walgreen closed yesterday at $39.21.

Gabelli has increased Walgreen Co.'s (NYSE: WAG) 2011 EPS estimate. According to the report, "We are increasing our Fiscal 2011 EPS estimate by $0.05 to $3.60 to account for slightly higher sales and margins, net of a 40bps higher tax rate… Q2 Sales were up 8.9% to $18.5 bn. Same store sales...

Jefferies has reported on the opportunities available for Walgreen Co. (NYSE: WAG). In the report Jefferies writes, "Walgreens stands to benefit from improving in-store execution and merchandising, which are clearly taking hold at retail, cost control, significant cash for share repurchases and...

Citi has reported on the estimated EPS of Walgreen Co. (NYSE: WAG), which Citi had raised to $0.80. Cit writes, “We are raising our F2Q11 EPS to $0.80, up from $0.78 prev., vs. consensus of $0.80, and $0.68 LY (see Figure 1 for our assumptions). We are also raising our FY2011 estimates to $2.56,...

Morgan Stanley is raising its PT on shares of Walgreen Co. (NYSE: WAG) from $44 to $50. Walgreen Co. closed Friday at $41.97.

Jefferies is raising its price target on Walgreen Co. (NYSE: WAG) from $45 to $48. Jefferies has also made some adjustments to its estimates for 2Q, 3Q, 4Q, FY11 and FY12 to $0.78, $0.66, $0.56, $2.62 and $3.04, respectively, from $0.77, $0.63, $0.56, $2.49 and $2.95. “The estimates largely reflect...

Drugstore chain Walgreen Co. (NYSE: WAG) announced that it had reached a deal with affiliates of Oak Hill Capital Partners to purchase Duane Reade Holdings Inc. from them for about $1.08 billion, including taking on the drugstore company's debt. Duane Reade Holdings operates 257 drugstores in the...