Walgreens Boots Alliance Inc on Thursday posted a better-than-expected quarterly...
) on Thursday posted a better-than-expected quarterly profit as the drugstore chain benefited from a rise in branded drug prices and an increase in the number of prescriptions it fills in the United States.
Shares of the Deerfield, Illinois-based company, which also maintained its forecast for full-year profit, rose nearly 5% to $54.84 in morning trading. Walgreens, which replaced General Electric Co GE.N on the blue-chip Dow Jones Industrial Average Indexlast year, is the worst performing stock on the index, with year-to-date losses of 23.4% through Wednesday close.
The company said it has been able to cushion reimbursement pressures from insurers in recent years through benefits it received in the process of procuring generic drugs.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Walgreens posts quarterly earnings beatWalgreens Boots Alliance reported fiscal third quarter earnings that beat Wall Street's expectations Thursday before market open.
Consulte Mais informação »
These Boots Are So Good, My Boyfriend Secretly Bought a Pair TooIf you haven't noticed them yet, you're going to start seeing them everywhere.
Consulte Mais informação »
Trump says 'not talking boots on the ground' if action taken against IranWASHINGTON/GENEVA (Reuters) - U.S. President Donald Trump said on Wednesday he was 'not talking boots on the ground' should military action be necessary against Iran, and said any conflict would not last long. 'I'm not talking boots on the ground,' Trump said. The comments come
Consulte Mais informação »
Walgreens posts quarterly earnings beatWalgreens Boots Alliance reported fiscal third quarter earnings that beat Wall Street's expectations Thursday before market open.
Consulte Mais informação »
FedEx profit beats estimates, warns of pain in 2020 from trade warPackage delivery company FedEx Corp beat Wall Street estimates for quarterly pro...
Consulte Mais informação »
General Mills quarterly sales hit by lower snacks demand, shares fallCheerios cereal maker General Mills Inc reported quarterly sales below Wall Stre...
Consulte Mais informação »