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Walgreen Co.


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Walgreen Co. offers $1.3 billion in 5-year notes

Walgreen Co., moving to establish long-term funding for some recent acquisitions, launched its first public debt offering in over two decades Tuesday.

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Walgreens Prices $1.3 Billion, 5-Year Bond Offering

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreen Co. (NYSE: WAG)(NASDAQ: WAG) today announced it has priced an offering of $1.3 billion aggregate principal amount of 4.875% senior notes due 2013.

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Moody's downgrades Walgreens debt

Moody's Investors Service lowered its rating on Walgreen Co. debt to ""A1" from "Aa3" Friday, only days after putting the Deerfield drugstore chain's debt under review for possible downgrade.

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Moody's cuts Walgreen's long term rating to 'A1' from 'Aa3'

SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Friday downgraded Walgreen Co.'s long term issuer rating to A1 from Aa3 on expected slow growth. The outlook is stable. "The downgrade considers that Walgreen will not be able to improve its credit metrics to the level needed to maintain its current rating given the expectation of slower revenue growth and margin pressure going forward,"...

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Walgreens to rein in growth

Store construction to fall to 365 yearly Walgreen Co., in a major strategic shift, said Thursday that it intends to slow the rapid-fire pace of its new-store construction program, under which the nation's biggest drugstore chain had been opening a new Walgreens every 17 hours.

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Walgreens to slow its expansion

Walgreen Co., in a move it said will bolster its financial flexibility "and improve shareholder value," said early Thursday that it will slow its new-store expansion program that has long been a hallmark of the strategy of nation's biggest drugstore chain.

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Walgreens Increases Quarterly Dividend 18.4 Percent

The board of directors of Walgreen Co. (NYSE:WAG)(NASDAQ:WAG) today increased the quarterly dividend 18.4 percent to 11.25 cents per share from the previous rate of 9.5 cents per share. The dividend increase raises the annual rate from 38 cents per share to 45 cents per share.

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Walgreens boosts its dividend

Walgreen Co. said directors approved an 18.4 percent increase in the company's quarterly dividend, boosting the payout to 11.25 cents per share from the previous rate of 9.5 cents.

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Walgreens hikes quarterly dividend 18.4% to 11.25 cents

SAN FRANCISCO (MarketWatch) -- Walgreen Co. said Wednesday its board increased the quarterly dividend 18.4% to 11.25 cents from 9.5 cents. The dividend is payable Sept. 12 to shareholders of record Aug. 20. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

1Vote!

Walgreens Increases Quarterly Dividend 18.4 Percent

DEERFIELD, Ill.--(BUSINESS WIRE)--The board of directors of Walgreen Co. (NYSE:WAG)(NASDAQ:WAG) today increased the quarterly dividend 18.4 percent to 11.25 cents per share from the previous

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State high court sides with Walgreens

In a decision that will have a far-reaching impact, the Wisconsin Supreme Court on Tuesday threw out a common method of assessing property taxes involving the Walgreen Co.

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Moody's puts Walgreen debt rating under review

Moody's Investors Service placed Walgreen Co.'s solid "Aa3" longterm issuer rating under review for possible downgrade, citing the drugstore chain's leverage ratios.

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Walgreen June same-store sales rise

CHICAGO (Reuters) - Walgreen Co , one of the largest U.S. drugstore operators, said on Wednesday that June sales at stores open at least one year rose 3.4 percent, below some analysts' expectations, and its stock fell to its lowest level in almost five years.

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Walgreens adds infusion pharmacy business

Walgreen Co. said Tuesday that one of its subsidiaries has completed the acquisition of the Louisville, Ky., infusion pharmacy business of Express Scripts Inc. (WAG) (ESRX)

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Walgreen same-store sales rise 3.4 percent

CHICAGO (Reuters) - Walgreen Co , one of the largest U.S. drugstore operators, said on Wednesday that June sales at stores open at least one year rose 3.4 percent, led by general merchandise purchases.