Walgreens wins approval to buy Rite Aid stores
Walgreens Boots Alliance secures regulatory clearance for a revised deal to acquire 1,932 Rite Aid stores for 4.38 billion dollars. The agreement cuts roughly 250 locations from prior plans and aims for completion in spring with purchases to start in October, expanding Walgreens reach across the northeast and south.
MENTIONED IN THIS ARTICLE
Walgreens
Rite Aid
Walgreens Boots Alliance
Rite Aid Corp
Stefano Pessina
CVS Health Corp
U.S
Northeast
FTC
Toys R Us files for bankruptcy and debt load noted
Toys Rs Us filed for bankruptcy after years of debt and weak online sales. The Wayne New Jersey company lists 7.9 billion in debt against 6.6 billion in assets with roughly 100000 creditors while promising operations remain normal at 1600 stores. Locally Elyria and North Olmsted hosts stores as the holiday season looms.
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Toys ‘R’ Us
Howard Davidowitz
Bank of New York
Wayne, N.J
New York
Times Square
Old Navy
Geoffrey the Giraffe
FAO Schwarz
Fifth Avenue
GlobalData Retail
Neil Saunders
Global Data Retail
Gymboree
Payless ShoeSource
the Limited
Macy’s
Sears
Bebe
Elyria
North Olmsted
Mutua
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Dodge & Cox Inc
Dodge & Cox IntiStk
Dodge & Cox
Fidelity
Franklin Templeton IncAm
Metropolitan West
Pimco Inclnsts
Pimco TtlRetIns
T. Rowe
Vanguard
Vanguard Hcadmrl
Vanguard Intiteadmrl
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Associated Press
Ford cuts output at five plants amid weak U.S. demand
Ford Motor announces three-week and two-week shutdowns at plants in Cuautitlan and Hermosillo in Mexico and two U.S. sites at Flat Rock and Michigan Assembly plus two weeks idle at Kansas City Transit. Avon Lake layoffs extend. Fiat Chrysler recalls nearly 495,000 Ram pickups and chassis cabs for water pump defect. no injuries reported. Bob Evans sale to Post valued at about 1.53 billion. Campbell Soup notes shifting consumer trends. Wall Street records another set of all-time highs amid Fed rate expectations.
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North American
U.S
Ford
Cuautitlan
Mexico
Hermosillo
Flat Rock
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Avon Lake
Fiat
Chrysler
ST. Louis
Bob Evans
Post
Owens
Country Creek
Pineland Farms
Golden Gate Capital
Campbell Soup
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MediWound
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VascuBio
Proqrther
At&t Inc
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Comcasts
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Capricor
RiteAid
VerizonCm
CoDiagnn ClearSign
Vale SA
Microsoft
AMD Ee
MonogRes Alibaba
NiSources
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Nike' S
Apple Inc
NokiaCp
BestBuy
Oracle
PNC
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Pfizer
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Cisco
PolyOne Citigroup
PwShs Qqq
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T-Mobileus
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Intel
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