Welcome!

News Feed Item

Acquisitions, Recognitions, New Stores, and Positive Sales Results - Analyst Notes on Walgreen, Best Buy, McKesson, Target, and Rite Aid

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, April 11, 2014 /PRNewswire/ --


Today, Analysts Review released its analysts' notes regarding Walgreen Company (NYSE: WAG), Best Buy Co., Inc. (NYSE: BBY), McKesson Corporation (NYSE: MCK), Target Corporation (NYSE: TGT), and Rite Aid Corporation (NYSE: RAD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Walgreen Company Analyst Notes 

On April 3, 2014, the Walgreen Company (Walgreens) announced the signing of a definitive agreement with Water Street Healthcare Partners (Water Street) under which Water Street will acquire a majority interest in a Walgreens subsidiary - Take Care Employer Solutions, LLC. Walgreens further stated that Water Street has also signed an agreement to simultaneously invest in CHS™ Health Services (CHS). The Company informed that Water Street will merge Take Care Employer Solutions and CHS to form a new company dedicated to providing worksite health centers that improve the cost and quality of employee health care. According to the Company, Water Street will own a majority interest in the new company, while Walgreens will own a significant minority interest. Walgreens informed that the transaction is expected to close by mid-calendar year 2014. The full analyst notes on Walgreen Company are available to download free of charge at:

http://www.AnalystsReview.com/04112014/WAG/report.pdf

--

Best Buy Co., Inc. Analyst Notes 

On April 3, 2014, Best Buy Co., Inc. (Best Buy) reported that it has been named by the U.S. Environmental Protection Agency (EPA) as a 2014 ENERGY STAR® Partner of the Year - the only consumer electronics retailer to be named so. The Company stated that EPA has recognized its substantial contributions to reducing greenhouse gas emissions and educating consumers about energy efficiency. Best Buy added that the ceremonies for recognizing the Company will take place on April 29, 2014 in Washington D.C. The Company stated that it received this recognition as its certified products helped its U.S. customers save over $76 million in utility bills in 2013. The full analyst notes on Best Buy Co., Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04112014/BBY/report.pdf

--

McKesson Corporation Analyst Notes 

On April 3, 2014, the McKesson Corporation (McKesson) announced that it was ranked 8th on this year's InformationWeek Elite 100, a list of the top business technology innovators in the U.S., in recognition for its development of McKesson OneCloud, an internally developed private and public cloud capability used in the development of internal and customer-facing solutions. According to McKesson, OneCloud enables its technologists to meet the demands for secure, regulated exchange of healthcare information, while providing the organization with low-cost agile development environments. Commenting on the recognition, Randy Spratt, Chief Information Officer and Chief Technology Officer, McKesson, stated, "McKesson is honored to be recognized as one of today's top technology innovators. As a leader in healthcare, McKesson is committed to evolving our business through the innovative use of technology to shape the future of healthcare and to help our customers and their patients achieve better health." The full analyst notes on McKesson Corporation are available to download free of charge at:

http://www.AnalystsReview.com/04112014/MCK/report.pdf

--

Target Corporation Analyst Notes 

On April 2, 2014, Target Corporation (Target) announced its plans to open a new store in Westwood, Massachusetts in March 2015. According to Target, the new 135,000 sq. ft. store will be located on University Avenue, between Route 129 and Canton Street, as part of the new University Station development. The Company stated that the new store will provide guests a destination for everyday discovery by offering a wide assortment including fresh food selections, household essentials, home furnishings, electronics, sporting goods, toys and apparel and accessories. According to Target, the Westwood location will be the Company's 26th store in the Boston area, and will employ approximately 200 team members. The full analyst notes on Target Corporation are available to download free of charge at:

http://www.AnalystsReview.com/04112014/TGT/report.pdf

--

Rite Aid Corporation Analyst Notes 

On April 3, 2014, Rite Aid Corporation (Rite Aid) released its March 2014 sales results, with same stores sales up 0.7% YoY. Rite Aid also reported that March front-end same store sales decreased 5.0%, with 4.1% of the decrease attributable to a shift in the timing of Easter. The Company stated that pharmacy same store sales increased 3.5% and prescription count at comparable stores grew 1.1% YoY. Rite Aid added that its total drugstore sales for March 2014 increased 0.4% to c.$1.95 billion compared to c.$1.94 billion in March 2013, with prescription sales accounting for 69.4% of drugstore sales, and third party prescription sales representing 97.4% of pharmacy sales. The full analyst notes on Rite Aid Corporation are available to download free of charge at:

http://www.AnalystsReview.com/04112014/RAD/report.pdf

--


About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

--

=============

EDITOR NOTES: 

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE 

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE 

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED 

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Analysts Review

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, discussed key challenges and solutions to powering a ride sharing and/or multimodal model in the age ...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...