Walgreens tops Wall Street's expectations as drugstore chain continues turnaround plan
Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business. Walgreens said Friday that higher costs from that plan were the main factor behind its quarterly loss. The chain has already shed about a thousand U.S. stores since it grew to nearly 9,500 after buying some Rite Aid locations in 2018.
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Dogecoin (DOGE) Sets Sights on $0.150: Will The Rally Take Off?
Dogecoin is rising above the $0.1350 resistance zone against the US Dollar. DOGE is now …
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US Economy Adds 256,000 Payrolls In December, Tight Labor Market Tops Forecasts: Dollar, Treasury Yields Spike
The labor market ended 2024 on a strong note, adding 256,000 jobs in December, exceeding economist forecasts and showcasing once again the resilience of the U.S. economy. Nonfarm payrolls rose by 256,000 last month, up from the downwardly revised 212,000 in November and sharply surpassing economist expectations of 160,000 payrolls as tracked by TradingEconomics. US Labor Market Defies Gravity, Unemployment Rate Falls The December payroll figure released Friday by the Bureau of Labor Statistics s
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Centrica Warns UK Gas Stocks ‘Concerningly Low’ After Freeze
(Bloomberg) -- Centrica Plc says that the UK’s gas reserves are at “concerningly low” levels as freezing temperatures grip the country, boosting demand for heating.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’The owner of British Gas said
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Nvidia stock sell-off: Time to back up the truck?
Nvidia is selling off. What's your plan of action?
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The 10 most competitive housing markets in 2025, according to Zillow
After a tough 2024, prospective homebuyers aren’t expected to see much relief this year.
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Delta stock soars as its CEO predicts 2025 will be its 'best financial year' ever
Delta Air Lines (DAL) on Friday revealed a first-quarter outlook above analysts’ expectations as the carrier expects strong demand for travel to give it the best year in its history.
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Walgreens Stock Jumps as Sales Grow, Adjusted Earnings Surpass Estimates
Shares of Walgreens Boots Alliance rose Friday morning after the pharmacy retailer reported first-quarter results that included better revenue and adjusted profits than analysts had expected.
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In data: Brazil, Chile touted as “high-potential” Americas spirits markets
The spirits markets in Brazil and Chile are expected to reach $40.1bn and $6.9bn respectively by 2028.
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Nasdaq price target raised to $84 from $83 at Raymond James
Raymond James analyst Patrick O’Shaughnessy raised the firm’s price target on Nasdaq (NDAQ) to $84 from $83 and keeps an Outperform rating on the shares. The firm updated the company’s model ahead of the Q4 report. Despite Nasdaq having overpaid for recent acquisitions, the company has an “increasingly attractive financial technology software franchise that is paired with a remarkable growth story in Nasdaq’s index franchise,” the analyst tells investors in a research note. The firm still hs con
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Pimco, Fidelity Stick With UK Gilt Bets After Market Turmoil
(Bloomberg) -- Pacific Investment Management Co., Franklin Templeton and Fidelity International are among investors sticking to their bets on UK government bonds after this week’s slump, with some looking to buy more. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amster
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Cboe Global Markets initiated with a Market Perform at William Blair
William Blair initiated coverage of Cboe Global Markets (CBOE) with a Market Perform rating and no price target The firm does not expect multiple expansion for the shares as zero days to expiration options mature and the company’s derivatives revenue growth normalizes. Cboe’s strategic initiatives should support margin stability, higher capital return, and organic growth, however, and this should drive earnings growth in the mid- to high-single digits in 2025 and 2026, the analyst tells investor
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Delta Air Lines Stock Rises as Revenue, Adjusted Earnings Top Estimates
Delta Air Lines on Friday reported fourth-quarter fiscal 2024 revenue and adjusted earnings that topped analysts' estimates.
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Citi expects rally in global stocks to extend into 2025, sees 10% EPS growth
The Wall Street brokerage forecast the MSCI All Country World Index Local, a benchmark performance gauge of world stocks, to hit 1,140 points by the end of this year, implying a 10% upside to its last close of 1,035.46. Citi estimated a 10% earnings-per-share(EPS) growth for global equities, slightly below analyst consensus of 13%, adding that U.S. and emerging market regions could see the strongest EPS growth of about 15%. Maintaining its "overweight" stance on U.S. equities, Citi said President-elect Donald Trump's policies are "a key source of uncertainty, as tariffs, tax cuts and deregulation will bring a complicated mix of favorable and adverse economic effects."
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