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WBA

Walgreens Boots Alliance

$80.51

0.27 (0.34%)

06:29
10/06/16
10/06
06:29
10/06/16
06:29

Theranos to close clinical labs, Wellness Centers, impacting about 340 employees

Theranos CEO Elizabeth Holmes announced via an open letter that the blood testing startup will be closing all of its clinical labs and Wellness Centers, in a move she estimates will impact 340 employees. Holmes says, "We have decided to close our clinical labs and Theranos Wellness Centers, which will impact approximately 340 employees in Arizona, California, and Pennsylvania. We will return our undivided attention to our miniLab platform. Our ultimate goal is to commercialize miniaturized, automated laboratories capable of small-volume sample testing, with an emphasis on vulnerable patient populations, including oncology, pediatrics, and intensive care. We have a new executive team leading our work toward obtaining FDA clearances, building commercial partnerships, and pursuing publications in scientific journals. WHAT'S NOTABLE: In June, Walgreens Boots Alliance ended its partnership with Theranos. At the time, Walgreens senior vice president Brad Fluegel said in a statement that "In light of the voiding of a number of test results, and as the Centers for Medicare and Medicaid Services has rejected Theranos' plan of correction and considers sanctions, we have carefully considered our relationship with Theranos and believe it is in our customers' best interests to terminate our partnership." Reference Link

  • 20

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  • 06

    Nov

WBA Walgreens Boots Alliance
$80.51

0.27 (0.34%)

07/18/16
MZHO
07/18/16
NO CHANGE
MZHO
Valeant likely to lower 2016 guidance again, says Mizuho
Mizuho expects Valeant to report slightly lower than expected Q2 EPS. The firm says that the company's guidance implies that its operating spending will drop in 2H16. Mizuho thinks that this outlook is unrealistic. The firm adds that the company's belief that its revenue will be boosted by seasonality and improved economics from the Walgreens (WBA) deal could also be unrealistic. The firm reiterates an $11 price target and Unerperform ratingon Valeant.
07/19/16
LEER
07/19/16
NO CHANGE
Target $95
LEER
Outperform
Leerink remains positive on Walgreens Boots Alliance long-term
Leerink analyst David Larsen remains positive on Walgreens Boots Alliance (WBA) in the long-term, despite reducing his forward revenue and earnings estimates due mainly to trends in FX. Larsen still believes that the Rite Aid (RAD) deal will close in the second half of 2016, and expects shares of Walgreens Boots Alliance to rally once that happens. The analyst reiterates an Outperform rating and $95 price target on Walgreens Boots Alliance's shares.
09/01/16
FBCO
09/01/16
NO CHANGE
FBCO
Walgreens Boots Alliance added to Focus List at Credit Suisse
Credit Suisse analyst Robert Willoughby said Walgreens Boots Alliance (WBA) closing of the Rite Aid (RAD) acquisition in 2H 2016 will bring meaningful revenue growth, cash flow, and cost cutting opportunities to drive Walgreens shares higher. The analyst sees limited downside given new and potentially more preferred pharmacy network agreements with leading PBMs, capital deployment, and the early AmerisourceBergan warrant exercise. Willoughby reiterates his Outperform rating and $95 price target on Walgreens shares and the investment policy committee added it to the Credit Suisse Focus List.
10/05/16
UBSW
10/05/16
INITIATION
Target $94
UBSW
Buy
Walgreens Boots Alliance initiated with a Buy at UBS
Target $94.

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KBR

KBR

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SMMT

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Takeda Pharmaceutical Co. Ltd.

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FNBC

First NBC Bank

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SGBK

Stonegate Bank

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PROV

Provident Financial

$19.23

-0.03 (-0.16%)

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YGE

Yingli Green Energy

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EPC

Edgewell Personal Care

$71.49

-0.14 (-0.20%)

17:40
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  • 02

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ORC

Orchid Island Capital

$10.60

-0.33 (-3.02%)

17:35
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Syndicate
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AEP

American Electric

$67.83

-0.27 (-0.40%)

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ORC

Orchid Island Capital

$10.60

-0.33 (-3.02%)

17:34
04/28/17
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17:34
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17:34
Syndicate
Breaking Syndicate news story on Orchid Island Capital »

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HBHC

Hancock Holding

$46.70

-0.5 (-1.06%)

, FNBC

First NBC Bank

$2.65

-0.2 (-7.02%)

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HBHC

Hancock Holding

$46.70

-0.5 (-1.06%)

FNBC

First NBC Bank

$2.65

-0.2 (-7.02%)

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  • 06

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TSLA

Tesla

$314.07

5.44 (1.76%)

17:31
04/28/17
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17:31
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Periodicals
Tesla aims to hire engineers from Mexico to work at CA plant, Reuters says »

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LMT

Lockheed Martin

$269.45

-1.69 (-0.62%)

17:22
04/28/17
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17:22
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17:22
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Lockheed Martin awarded $332.1M government contract »

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  • 31

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BA

Boeing

$184.83

1.61 (0.88%)

17:21
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Boeing awarded $541M government contract modification »

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  • 31

    May

WBA

Walgreens Boots Alliance

$86.54

0.65 (0.76%)

, RAD

Rite Aid

$4.00

0.05 (1.27%)

17:20
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Periodicals
Walgreens to push regulators over decision on Rite Aid deal, NY Post says »

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WBA

Walgreens Boots Alliance

$86.54

0.65 (0.76%)

RAD

Rite Aid

$4.00

0.05 (1.27%)

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GE

General Electric

$28.99

-0.09 (-0.31%)

17:20
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General Electric awarded $670.7M government contract »

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SIX

Six Flags

$62.61

-0.26 (-0.41%)

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LMT

Lockheed Martin

$269.45

-1.69 (-0.62%)

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  • 31

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SBBP

Strongbridge Biopharma

$4.50

0.05 (1.12%)

17:16
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Syndicate
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  • 11

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CYH

Community Health

$8.61

0.18 (2.14%)

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MRUS

Merus

$22.20

-0.14 (-0.63%)

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AEZS

Aeterna Zentaris

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  • 09

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ANY

Sphere 3D

$0.19

-0.006 (-3.13%)

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  • 11

    May

MRUS

Merus

$22.20

-0.14 (-0.63%)

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