CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Walgreens gains as the firm sees 2021 profit growth

16:22 15 October 2020

Walgreens Boots Alliance (WBA.US), a pharmacy chain operator, is rising during today’s session as the firm reported adjusted quarterly profit of $1.02 per share (vs expected $0.96), down 28.7% from the same period last year. Revenue came in above forecasts too as it rose 2.3% to $34.7 billion against analysts’ estimates of $34.37 billion. The firm sees 2021 profit growth despite the pandemic - adjusted profits should grow in the “low single-digit” percentage range.

"Despite uncertainty amid the global COVID-19 pandemic, we are seeing gradual improvement in key U.S. and UK markets and continued strong performance in our wholesale business. I'm also encouraged by the accelerating growth in our e-commerce platforms,” CEO Stefano Pessina said.

Walgreens Boots Alliance (WBA.US) stock was getting a lift after market open. However, the price bounced off the downward trendline and a pullback occurred. Nevertheless, shares are still roughly 2.5% up. Source: xStation5

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