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
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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
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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
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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
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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
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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
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