After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments.

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 ...

Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice Department t ...

The Michael Madigan jury has ended its third day of deliberations without a verdict in Illinois’ highest-stakes public ...

The Porter County Council voted Councilman Andy Vasquez, R-4th, its president for 2025. Councilman Andy Bozak, R-At-Large, ...

While this sharp decline has nothing to do with sales performance, it is largely tied to Walgreens’ recent decision to suspend its dividend payouts.

Sycamore Partners has been speaking with private credit firms about debt financing for a potential deal, despite an earlier report that takeover talks had stalled.

The decision is aimed at boosting cash flow and reducing 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.

U.S. equities were mostly higher at midday on positive tech earnings news and a report showing December inflation came in as expected.

A payout streak going back nearly 370 quarters will end when Walgreens suspends its dividend. Some on the Street figured this would happen so the company could have more cash at its disposal. My story ...

Apple's robust earnings and stable bond market help Wall Street recover from early-week losses tied to AI investment concerns ...