Click here to close now.


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:


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:


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:


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:


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:


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:


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.




  • 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]
  • For any urgent concerns or inquiries, please contact us at compliance [at]
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] for consideration.


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.


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.


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
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.