Walgreens Boots Alliance Stock News

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) announced on January 6 its financial results for the fourth quarter of 2021. The company reported earnings per share of $1.68, beating estimates by $0.34.

Labor Shortage Hits CVS, Walgreens, Forcing Pharmacies To Close Early Labor shortages at the biggest U.S. drugstore store chains force their in-house pharmacies to close on weekends as the COVID-19 omicron variant continues to spread. Pharmacists and technicians are calling out sick, leaving CVS Health Corp. and Walgreens Boots Alliance Inc. with no other choice but to reduce hours of operations. WSJ reports CVS and Walgreens closing pharmacies on weekends is "unusual," but it reflects today''s environment of pharmacist and technician shortages due to sickness as omicron rapidly spreads. Both drugstores could not quantify weekend closures because the number each week fluctuates. Customers are already reporting pharmacies have unexpectedly closed in Washington, D.C., New Gloucester, Maine, and New Paltz, New York. There have been instances when people have shown up for scheduled COVID tests to only find out the pharmacy was closed. Zach Fox of Akron, Ohio, told WSJ his wife had been without pain medication because their local CVS'' pharmacy was closed. "At this point, I''m getting angry.

The operators of the two largest pharmacy chains in the U.S., CVS Health (CVS) and Walgreens Boots Alliance (WBA), are closing some of their locations on weekends in response to

CVS Health <> has led its peers Walgreens Boots Alliance <> and Rite Aid <> to record a new 52-week high after the company raised its 2021 earnings guidance ahead

WBA earnings call for the period ending December 31, 2021.

Walgreens beat Q1 earnings views. Walgreen stock slipped, but remained higher for the week and below a new buy point.

Walgreens Boots Alliance Inc raised its full-year adjusted profit growth forecast and said it expects to administer 5 million more COVID-19 vaccines as the fast-spreading Omicron variant rages across the United States.

Here''s where traders could go long.WBA

Walgreens Boots Alliance Inc (NASDAQ: WBA ) was initially Full story available on Benzinga.com

Equity index futures were mixed before the opening bell on Thursday, with the Dow Jones Industrial Average futures (/YM) the only index in the black. Stocks are looking to recover from yesterdays selloff that was prompted by the FOMC Minutes release that revealed a much more hawkish Fed that wants to normalize its balance sheet. After the announcement, the CME FedWatch Tool increased the probability of a March rate hike to 67.8% from 59.7% on Tuesday and 27.1% a month ago. The report also prompted a rally in the 10-year Treasury yield (TNX), which climbed 2.22%, and a 16.68% spike in the VIX ( Cboe Market Volatility Index ). The 10-year yield is up another 1.17% Thursday morning and is testing its highs from March of 2021. At the same time yields and the VIX were rising on Wednesday, stocks started selling off particularly among growth stocks. The S&P 500 Pure Growth Index ($SP500PG) fell 3.81%. Alphabet (NASDAQ: GOOGL ) was among those selling off, falling 4.59% and closing below its December lows.