Red Orbit (Free subscription) | yesterday
WALNUT CREEK, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation today reported preliminary total retail drug store sales for the 5-week, 9-week and 35-week periods ended October 2, 2008.
The Street (Free subscription) | 10/09/2008
Longs Drug Stores finds itself looking again at CVC-Caremark's offer.
Market Watch (Free subscription) | 10/09/2008
SAN FRANCSICO (MarketWatch) -- Longs Drug Stores Corp. said late Thursday September sales at stores open for at least a year fell 1.7% from a year ago. Analysts surveyed by Thomson Reuters estimated a same-store sales decline of 1%. Total September sales at Longs were flat at $447 million. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com...
Market Watch (Free subscription) | 10/09/2008
SAN FRANCISCO (MarketWatch) -- Standard & Poor's on Thursday removed the ratings of Walgreen Co. from review for a possible downgrade because of the drug store chain's withdrawl of a $3 billion bid for Longs Drug Stores Corp. . S&P affirmed its A+ corporate credit rating for Walgreen. The outlook is stable. "Although Walgreen has withdrawn its offer to acquire Longs, we now view Walgreen's financial...
The Street (Free subscription) | 10/09/2008
The company withdraws its bid for Longs Drug Stores due to financing.
New York Post (Free subscription) | 10/09/2008
Walgreen Co. withdrew its proposal to acquire Longs Drug Stores Corp. for $75 a share, saying it wasn't in the best interest of the shareholders of both companies to leave the situation unresolved "for an extended period of time." Longs Drug had...
Star Tribune (Free subscription) | 10/09/2008
Major shareholder Advisory Research has not decided if it will tender its shares in favor of the CVS bid but has questioned the deal. Another major shareholder, Pershing Square Capital Research, has said it is against the CVS deal. The two firms combined own about 18 percent of Longs shares, and the deal requires approval from shareholders owning two-thirds of Longs stock.
The San Francisco Business Times (Free subscription) | 10/08/2008
Walgreen Co. dropped its $75-per-share bid for Longs Drug Stores Corp. (WAG) (LDG) (CVS)
Red Orbit (Free subscription) | 10/06/2008
Drugstore operator Longs Drug Stores has opened a new store in Sanger, California. The company has said that the store is approximately 15,500sqft and offers services in pharmacy, wellness, beauty and convenience including a drive-thru pharmacy.
PR News Wire (Free subscription) | 10/03/2008
WALNUT CREEK, Calif., Oct. 3 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation (NYSE: ) announced today that it will open a new Longs Drugs store in Sanger, California. At Noon on Saturday, October 4th Longs Drugs will hold a ribbon cutting ceremony to celebrate the new store opening and as a welcome to their new neighbors. Store Manager Christine Green, Pharmacy Manager Erik Lund and all of...
Business Wire (Free subscription) | 10/03/2008
WOONSOCKET, R.I.--(BUSINESS WIRE)--CVS Caremark Corporation (NYSE:CVS) today took strong exception with a memorandum recently submitted to the Board of Directors of Longs Drug Stores
The Los Angeles Business (Free subscription) | 09/29/2008
After Longs Drug Stores Corp. rebuffed a buyout bid from Walgreen Co., citing antitrust worries, among other negatives, CtW Investment Group has challenged those assumptions. (WAG) (LDG)
The Sacramento Business Journal (Free subscription) | 09/29/2008
After Longs Drug Stores Corp. rebuffed a buyout bid from Walgreen Co., citing antitrust worries, among other negatives, CtW Investment Group has challenged those assumptions. (WAG) (LDG)
Red Orbit (Free subscription) | 09/26/2008
WALNUT CREEK, Calif., Sept. 26 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation announced today that it will open a new Longs Drugs store in Madera, California.
PR News Wire (Free subscription) | 09/26/2008
New store is 3rd Longs Drugs in Madera WALNUT CREEK, Calif., Sept. 26 /PRNewswire-FirstCall/ -- Longs Drug Stores Corporation (NYSE: ) announced today that it will open a new Longs Drugs store in Madera, California. At Noon on Saturday, September 27th Longs Drugs will hold a ribbon cutting ceremony to celebrate the new store opening and as a welcome to their new neighbors. Store Manager Norb Ploszaj,...
