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This story incorporates reporting from Orlando Sentinel, Business Insider, Retail Dive, Yahoo and YAHOO!Finance.Walgreens Boots Alliance Inc., the well-known American pharmacy chain, has decided to ...
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments.
Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's ...