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Walgreen's acquisition of Alliance Boots is positive from a strategic standpoint, but the firm will still lack significant long-term competitive advantages, says Morningstar’s Vishnu Lekraj.
Walgreen WAG posted accelerated growth in sales and earnings in its fiscal first quarter, reported Friday. We will delve deeper into the results, but we do not anticipate a material change to our fair value estimate. Sales increased 16.6%, with comparable-store sales (or comps) rising 9.7% from the ...
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With the addition of Boots Alliance, the firm is now a premier global retail powerhouse.
The corporate bond market will probably struggle to return much above break-even in 2014.
The pickings continue to get slimmer for a proven group of top fund managers as the market continues to trade around its all-time high.