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Walgreens quarterly profit beat helped by higher drug prices, cost cuts

Por: Fox Business Business January 04, 2024

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Citi Global Wealth Chief Economist Steven Wieting joins ‘Making Money’ to discuss investing in the market's big reset. Walgreens Boots Alliance on Thursday reported better-than-expected quarterly profit, as cost-cut measures and higher drug prices boosted its pharmacy operations, and the company nearly halved its dividend to accelerate its savings measures. Shares of the Deerfield, Illinois-based company rose more than 3% as the U.S.... + full article



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