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Walgreens stock rises amid $10 billion deal with Sycamore Partners to take the drugstore chain private

[ad_1] Walgreens Boots Alliance (WBA) finalized a $10 billion deal, worth as much as $23.7 billion, with Sycamore Partners to go private after four months of negotiations, the companies announced Thursday. The drugstore giant’s stock jumped over 7% in trading on Friday after the news that the company was preparing to exit the public markets….

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Stocks Rebound as Fed Chair Powell Says Economy in Good Shape; S&P 500, Nasdaq Set for 3rd Straight Weekly Loss

[ad_1] CooperCompanies Shares Tumble After Weak Sales 29 minutes ago CooperCompanies (COO) shares fell fell sharply Friday, a day after the maker of medical equipment posted worse-than-expected quarterly sales. The company reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of 92 cents, in line with estimates from analysts who follow CooperCompanies and were polled by…

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