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Walgreens Beats Expectations In Latest Quarterly Earnings

Walgreens Boots Alliance Inc posted a better-than-expected quarterly earnings report on Thursday, with its profit beating Wall Street expectations. The company's shares rose 3% before the opening bell. Walgreen's core business, its U.S. retail pharmacy, recorded a revenue of $27.6 billion for the period, exceeding...

India’s Reliance Industries Looking to Acquire UK Pharmacy Chain Boots

Indian conglomerate Reliance Industries Ltd. is looking to make its way into the UK pharmacy market. According to finance outlet Mint, Reliance is currently working on securing $8 billion capital to acquire pharmacy chain Boots. Reliance Industries have been in contact with Barclays Bank, Deutsche...