Walgreen stock plummets Wednesday. Here’s why.
Before closing Wednesday's trading down 14 percent at $59.21, shares of Walgreen plummeted as much as 16 percent after the Deerfield-based retailer revised its 2016 profit targets lower by $2...
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Walgreen stock plummets Wednesday. Here’s why.
Before closing Wednesday's trading down 14 percent at $59.21, shares of Walgreen plummeted as much as 16 percent after the Deerfield-based retailer revised its 2016 profit targets lower by $2...
Walgreen CEO: Leaving U.S. wasn’t in best interest of shareholders
Walgreen has exercised its option to buy the remaining 55 percent of European pharmacy retailer and wholesaler Alliance Boots in a $15.26 billion deal that will keep its corporate tax...
Valence could get $11.9 million in state incentives
Illinois is offering Chicago-based health technology company Valence Health Inc. up to $11.9 million in incentives to hire at least 500 new workers by 2019 and invest about $17 million...
Walgreen CFO Wade Miquelon replaced by Kraft executive
Walgreen Co. on Monday replaced longtime chief financial officer Wade Miquelon with Timothy McLevish, who held the same position at Kraft Foods Group Inc. The move, effective immediately, comes days...
Courts issue conflicting rulings on Obamacare subsidies
Two federal appellate courts on Tuesday handed down conflicting rulings on whether the government can subsidize health insurance premiums for millions of Americans who live in states that rely on...
Accretive Health’s new CEO says top job is financial restatement
On his first day on the job as CEO at hospital billings company Accretive Health Inc., Dr. Emad Rizk said Monday his first priority is to finish a massive restatement...
AbbVie to buy drugmaker Shire in nearly $55 billion deal
AbbVie Inc. has inked a nearly $55 billion deal to acquire drugmaker Shire PLC, the companies announced in a joint statement Friday morning. The deal, the largest of a year...
AbbVie to Buy Shire for $54.8 billion in biggest inversion
AbbVie Inc. is buying Shire for nearly $55 billion, the largest deal in a year filled with merger and acquisition activity, and the latest example of companies taking foreign addresses...
Baxter revenue climbs, but earnings drop on charges
Baxter International Inc.'s second-quarter profit fell 11.8 percent to $520 million as a variety of one-time charges dragged down its bottom line. Revenue in the quarter grew 16.1 percent to...