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Wikicommons Walgreens Boots Alliance beat on both the top and bottom lines. The company hiked its dividend and announced a $ 10 bilion share buyback program. (Reuters) – Walgreens Boots Alliance Inc’s third-quarter profit beat analysts’ expectations on Thursday, benefiting from its acquisition of Rite Aid Corp stores, and the drugstore chain authorized a $ 10 billion […]
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Reuters/Noah Berger (Reuters) – Drug store operator Rite Aid Corp reported lower-than-expected quarterly revenue, hurt by a challenging reimbursement rate environment, while it posted a profit only due to a fee it got for a failed merger attempt with Walgreens Boots Alliance Inc. The company’s shares were about 3.8 percent in premarket trading on Thursday. […]
