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Home>Walgreen Swings to Loss on Alliance Boots Call Option

Walgreen Swings to Loss on Alliance Boots Call Option

3party Content

Tue, 30 Sep 2014

Walgreen Co. said its fiscal fourth-quarter revenue rose 6.2% on increased front-end and prescription sales, but swung to a loss driven largely by the exercise of the company's Alliance Boots call option. Overall, the drug-store operator's results met expectations, especially adjusted earnings,
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