Walgreens News

Walgreens Stock Plummets Over 12% Following DOJ Opioid Lawsuit

Walgreens Boots Alliance Inc.'s shares fell over 12% after the DOJ filed a lawsuit accusing it of dispensing prescriptions for opioids without a legitimate medical purpose, potenti...

Walgreens Faces Nationwide Lawsuit Over Alleged Unlawful Prescription Practices

The U.S. Department of Justice has filed a lawsuit against Walgreens for allegedly dispensing millions of prescriptions without a legitimate medical purpose, including excessive qu...

Walgreens Shares Surge 25% Following Stellar Q1 Sales Performance

Walgreens Boots Alliance Inc. experienced a 25% surge in its shares following a strong Q1 performance, with sales revenue up 7.5% year-over-year to $39.5 billion. CEO Tim Wentworth...

Walgreens Faces a Staggering Q1 Net Loss of $265M Amidst Challenging Times

Walgreens Boots Alliance Inc. has reported a Q1 net loss of $265 million, a significant increase from the previous year's $67 million loss. This development underscores the challen...

Walgreens in Advanced Talks to Sell Itself to Sycamore Partners

Walgreens Boots Alliance Inc. is reportedly in talks to sell itself to New York-based private equity firm Sycamore Partners, a move that could take the company private after a deca...