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3:26 a.m. March 31, 2021 - By Tonya Garcia
Walgreens sales miss expectations after weak cold and flu seasonWalgreens Boots Alliance Inc. reported fiscal second-quarter net income of $1.03 billion, or $1.19 per share, up from $946.0 million, or $1.07 per share last year. Adjusted EPS of $1.40 beat the FactSet consensus for $1.10 per share. Sales of $32.78 billion were up from $31.34 billion last year but below the FactSet consensus for $36.59 billion. Walgreens total excludes sales from discontinued operations of $4.8 billion. Comparable sales in the U.S. fell 3.5% due to a weak cough, cold and flu season. Comp sales for Boots UK fell 17.9% as COVID-19 restrictions reduced foot traffic on major high streets and transportation hubs. "Overall, we have achieved a good financial quarter with results well ahead of expectations, despite significant impacts from COVID-19, and we have raised our full-year EPS guidance," said Walgreens' new Chief Executive Roz Brewer in a statement. The former Starbucks Corp. executive assumed the role on . "I am optimistic about our ability to drive sustainable, long-term value for our shareholders, while acknowledging that there is still work to be done to stabilize the base business." Walgreens raised its fiscal 2021 adjusted EPS guidance to mid-to-high single digit growth in constant currency from low single-digit growth. The pharmacy retailer also expects the $6.5 billion divestiture of to be complete before the end of the fiscal year. Walgreens says it has administered eight million COVID-19 vaccinations and conducted five million COVID-19 tests. Walgreens stock rose 2.6% in Wednesday premarket trading and have gained 15.8% over the past year. The S&P 500 index is up 53.2% for the last 12 months.
11:02 a.m. Jan. 15, 2021 - By Ciara Linnane
Global deaths from COVID-19 top 2 million as U.S. suffers most weekly fatalities since start of the pandemic Weekly deaths exceed CDC’s estimate for flu-related deaths for entire 2019-2020 season The global case tally for the coronavirus-borne illness COVID-19 climbed above 93 million on Friday and the death toll climbed above 2 million, with the U.S. leading all nations by cases and fatalities.
10:21 a.m. Jan. 13, 2021 - By Ciara Linnane
U.S. sees record one-day death toll and experts worry new variant may make activities like plane travel more risky Vaccine program must speed up to avoid reaching 640,000 deaths by spring, equal to lives lost in the 1918 flu pandemicThe U.S. set another grim milestone in the coronavirus pandemic on Tuesday, when more than 4,400 COVID-19 patients died, the most in a single day since the start of the outbreak, and experts said that with cases continuing to accelerate, the worst is still to come.
10:55 a.m. Nov. 25, 2020 - By Ciara Linnane
Hospital workers called exhausted as U.S. records highest number of COVID deaths since May Parts of Europe are reporting declining cases and Sicily has asked Cuba to send doctors and nursesThe U.S. recorded the highest number of deaths from the coronavirus illness COVID-19 since May on Tuesday, and continues to average close to 200,000 new cases a day, with hospitals across the nation reporting exhausted health care workers and steadily filling intensive care units.
3:27 a.m. Oct. 29, 2020 - By Ciara Linnane
Coronavirus update: Pandemic sets record case numbers across the U.S. as White House suggests the crisis is over U.S. has counted a record 500,000 new cases in the past week, and hospitals in isolated areas of the Midwest are rapidly fillingThe coronavirus pandemic continued to set records across the U.S. on Wednesday, even as the administration of President Donald Trump touted its first-term accomplishments in a news release that suggested it had ended the crisis that has cost more than 226,000 American lives and shows no signs of abating.
2:17 a.m. Oct. 28, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally tops 8.7 million and marks seven-day record, with more than 20 states seeing most new cases since start of the outbreak Dr. Birx says North Dakotans’ failure to wear face masks is ‘deeply unfortunate’ as the Dakotas suffer worst case numbers measured per capitaThe U.S. case tally for the coronavirus illness COVID-19 climbed above 8.7 million on Tuesday, with more than 20 states counting record numbers of new infections, as more business curfews were announced to combat the spread.
10:40 a.m. Oct. 26, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 225,000 and Trump’s chief of staff says U.S. is ‘not going to control the pandemic’ In the past week, the U.S. has averaged 69,804 cases a day, up 32% from the average two weeks ago, a New York Times tracker showsThe U.S. death toll from the coronavirus illness COVID-19 rose above 225,000 on Monday, with more than 20 states reaching record levels of new infections, and President Donald Trump’s chief of staff said the U.S. is ‘not going to control the pandemic.’
11:18 a.m. Oct. 19, 2020 - By Ciara Linnane
Coronavirus update: Global cases top 40 million; White House task force reported to be hive of infighting over new adviser White House Task Force beset by internal strife over adviser who is spreading misinformation, says Washington PostThe number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 40 million on Monday, as new infections continued to rise in Europe and the U.S. and experts warned the pandemic could worsen during the cold winter months.
10:45 a.m. Oct. 14, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 216,000 as Midwest and Mountain West cases start to stretch hospital capacity In the last seven days, 16 states have added more new cases than at any other time since the beginning of the pandemic The U.S. death toll from the coronavirus illness COVID-19 rose above 216,000 on Wednesday, driven by a spike in new cases in the Midwest and Mountain West that are starting to fill hospital beds and squeeze health-care systems.
11:05 a.m. Oct. 8, 2020 - By Ciara Linnane
Coronavirus update: New England Journal of Medicine says Trump should be voted out over pandemic management as U.S. death toll tops 212,000 ‘When it comes to the response to the largest public health crisis of our time, our current political leaders have demonstrated that they are dangerously incompetent,’ say editors of prestigious medical journalThe U.S. death toll from the coronavirus illness COVID-19 moved above 212,000 on Thursday, as the editors of the prestigious New England Journal of Medicine sharply criticized the Trump administration’s handling of the pandemic.
12:34 p.m. Oct. 1, 2020 - Associated Press
Flu vaccine expected to be in high demand as U.S. and Europe aim to ward off ‘twindemic’ A record number of doses are on the way — between 194 million and 198 million for the U.S. aloneA record number of doses are on the way — between 194 million and 198 million for the U.S. alone.
9:20 a.m. Sept. 30, 2020 - By Ciara Linnane
Coronavirus update: Group of ex-FDA commissioners slam political interference at FDA and CDC; U.S. death toll tops 206,000 Slovakia, Ukraine and Romania see record one-day case tallies and New York will fine people who refuse to wear masksThe global death toll from the coronavirus-borne illness COVID-19 climbed to 1.009 million on Wednesday, while the U.S. death toll rose above 206,000, and the first presidential debate found President Donald Trump again blaming China for the outbreak, while opponent Democrat Joe Biden slammed Trump’s handling of the crisis.
11:20 a.m. Sept. 23, 2020 - By Myra P. Saefong
Oil futures settle higher, but U.S. prices fall short of reclaiming $40 mark U.S. crude supplies down a second week, but demand concerns remainOil futures gain on Wednesday, but U.S. benchmark prices came up short on reclaiming the $40 mark, as domestic crude supplies declined for a second week in a row, but coronavirus-related lockdowns in Europe fed expectations for weaker energy demand.
11:05 a.m. Sept. 17, 2020 - By Ciara Linnane
Coronavirus update: Global cases near 30 million; Trump contradicts CDC head on vaccine timetable and again derides face masks WHO official says it’s important to have ‘consistent messaging’ on pandemic from all public officials The number of confirmed cases of the coronavirus that causes COVID-19 worldwide continued to head toward 30 million on Thursday, and the U.S. case tally climbed above 6.6 million, as President Donald Trump contradicted the head of the main U.S. public health agency to insist a vaccine would be ready in weeks.
9:31 a.m. Sept. 14, 2020 - By Ciara Linnane
Coronavirus update: WHO says record number of new cases — 307,930 — counted worldwide on Sunday President Trump slammed for holding indoor rally in Nevada; Israel becomes first country to reimpose national lockdownThe World Health Organization said a record number of cases of the coronavirus that causes COVID-19 were recorded on Sunday around the world for a total of 307,930 in a 24-hour period, the highest number recorded since the start of the outbreak.
5:13 a.m. Sept. 9, 2020 - By Lina Saigol
AstraZeneca stock falls as drugmaker pauses vaccine trial after volunteer’s ‘unexplained illness’ Social gatherings above six set to be banned in England after sharp rise in daily coronavirus casesNews comes as England set to announce new measures to curb the spread of the virus after a sharp rise in cases.
11:23 a.m. Sept. 6, 2020 - By Quentin Fottrell
Sweden embraced herd immunity, while the U.K. abandoned the idea — so why do they both have high COVID-19 fatality rates? ‘Sweden’s prized herd immunity is nowhere in sight,’ according to an analysis in the Journal of the Royal Society of Medicine‘Sweden’s prized herd immunity is nowhere in sight,’ according to an analysis in the Journal of the Royal Society of Medicine.
1:57 p.m. Sept. 1, 2020 - Associated Press
Coronavirus antibodies do not fade quickly, new study finds 30,000-person test is good news in effort to develop vaccineAntibodies that people make to fight the new coronavirus last for at least four months after diagnosis and do not fade quickly, as some earlier reports suggested, scientists have found.
10:40 a.m. Aug. 31, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally climbs above 6 million and FDA head says he won’t be pressured to rush out a vaccine ‘This is going to be a science, medicine, data decision. This is not going to be a political decision,’ says Dr. Stephen HahnThe number of confirmed U.S. cases of the coronavirus that causes COVID-19 edged above 6 million on Monday, and the head of the U.S. Food and Drug Administration said he would not be pressured to rush out a vaccine by President Donald Trump before the November presidential election.
6:28 a.m. Aug. 15, 2020 - By Shawn Langlois
Stocks could be melting up like they did in the Roaring ’20s, strategist says — we all know what happened nextMark Twain once said, “History doesn’t repeat itself, but it often rhymes.” Ed Yardeni of Yardeni Research applied those words to what, for most observers, has to feel like a unique climate for playing the market these days.
8:33 a.m. Aug. 14, 2020 - By Ciara Linnane
Coronavirus update: Global cases edge close to 21 million; U.S. counts more than 1,000 deaths to extend a 2-week streak Trump bashes Joe Biden plan to mandate face masksThe number of confirmed cases of the coronavirus illness COVID-19 world-wide edged closer to 21 million on Friday, and the U.S. counted more than 50,000 new cases for a second day and counted more than 1,000 deaths, continuing a more than two-week streak.
3:06 p.m. Aug. 12, 2020 - By Quentin Fottrell
Dr. Fauci says Russia risks ‘hurting a lot of people’ by rushing coronavirus vaccine ‘Having a vaccine, and proving that a vaccine is safe and effective, are two different things,’ he told ABC News‘Having a vaccine, and proving that a vaccine is safe and effective, are two different things,’ he told ABC News.
12:21 p.m. Aug. 11, 2020 - By Nicole Lyn Pesce
George Conway column taunts Trump supporters as believing everything the president says ‘I (still) believe the president, and in the president,’ claims noted Republican lawyer in satirical op-ed‘I (still) believe the president, and in the president’ he writes satirically
11:37 a.m. Aug. 4, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally at 4.74 million as New Jersey, Massachusetts and Connecticut see infections climb again Cinemark’s revenue falls 99% as theaters remain closed, and Mallinckrodt says it is looking at possible bankruptcyThe U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins University showed, although cases were rising in some states that had seemed to get the spread under control earlier this year.
12:54 a.m. Aug. 4, 2020 - By Quentin Fottrell
Dr. Fauci tells MarketWatch: I would not get on a plane or eat inside a restaurant The veteran immunologist reveals his one big lesson from the COVID-19 pandemicThe veteran immunologist reveals his one big lesson from the COVID-19 pandemic.
3:56 a.m. Aug. 1, 2020 - By Barbara Kollmeyer
Top coronavirus doctor in Spain has a message for revelers and tourists: ‘A couple of drinks, you take off your mask, you sing and you dance — that’s a problem’ Dr. Vicente Soriano believes Spain won’t repeat the dramatic events of March and AprilMarketWatch spoke to Dr. Vicente Soriano, expert in infectious diseases and director of the UNIR Health Sciences School & Medical Center in Madrid, to discuss the latest coronavirus developments in Spain.
9:10 a.m. July 27, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally climbs above 4.2 million after a fifth straight day of more than 1,000 deaths Dr. Deborah Birx says Kentucky, Indiana, Ohio, Tennessee and Virginia should reimpose lockdowns on bars and gatherings of more than 10 peopleThe U.S. case tally for the coronavirus illness COVID-19 rose above 4.2 million on Monday, after a fifth straight day of more than 1,000 new infections, as states in the South and West continue to struggle to contain the spread of the deadly illness.
2:05 a.m. July 24, 2020 - By Ciara Linnane
Coronavirus update: Global COVID-19 cases top 15 million, U.S. cases pass 4 million, and California has more cases than New York Tesla surprises investors with an adjusted profit even after it was beset by pandemic-related stoppages at California plantThe number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 15 million on Thursday and the U.S. case tally passed 4 million, as California’s case tally rose above early U.S. hot spot New York following a surge in new infections in recent weeks.
7:55 a.m. June 27, 2020 - By Ciara Linnane
Coronavirus update: U.S. sets another record for new cases and some states scramble to revisit their reopening plans Florida, Idaho, Kansas, Oregon, South Carolina and Utah record their highest single-day case numbersThe number of new confirmed cases of the coronavirus illness COVID-19 set another fresh record in the U.S. on Friday, according to data aggregated by Johns Hopkins University, sending state officials scrambling to revisit reopening plans.
10:19 a.m. June 24, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally climbs to 2.35 million and 27 states are still showing increases in infections Dr. Fauci says next two weeks will be crucial in containing the spread of the deadly illnessThe U.S. case tally for the coronavirus illness COVID-19 climbed to 2.35 million on Wednesday, and 27 states were showing increases in infections, as Dr. Anthony Fauci cautioned that the next two weeks will be crucial in containing the spread.
6:50 a.m. June 19, 2020 - By Steve Goldstein
This fund manager whose biggest short was Wirecard says he is the most bullish toward stocks since 2009Why one fund manager is the most optimistic he has been about the stock market in a decade.
10:06 a.m. June 4, 2020 - By Ciara Linnane
Coronavirus update: Global case tally climbs above 6.6 million and California reports a rise in infections amid protests and reopening Amazon is adding to its fleet of cargo jets at a time when aircraft values are depressed; Michaels Cos. earnings fall way shortThe number of confirmed cases of the coronavirus that causes COVID-19 rose past 6.6 million on Thursday, and California reported a rise in infections after weeks of slowing, raising concerns that the protests at the death of George Floyd, and the reopening of certain counties, are helping spread the illness.
10:51 a.m. May 21, 2020 - By Ciara Linnane
Coronavirus update: Global case tally passes 5 million; U.S. scientist says don’t rely on a vaccine, job losses continue Macy’s issues a sales warning for the first quarter, but Best Buy profit and sale fall less than expected and BJ’s beats estimatesThe global case tally for the coronavirus that causes COVID-19 passed 5 million on Thursday after the biggest one-day increase since the start of the outbreak, as a top U.S. scientist cautioned that people should not rely on a vaccine and the labor market continued to show massive job losses.
6:11 a.m. May 19, 2020 - By Robert Skidelsky
Why governments can’t tell the truth about opening up: that many will die They cannot admit that we’ve given up on beating the coronovirus, and that herd immunity is now the objectiveGovernments cannot openly admit that the “controlled easing” of COVID-19 lockdowns in fact means controlled progress toward so-called herd immunity to the virus and an unacceptable number of deaths.
1:44 p.m. May 18, 2020 - Associated Press
WHO agrees to independent investigation into its coronavirus response Trump again accuses health organization of working with ChinaThe World Health Organization bowed to calls Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has been clouded by finger-pointing between the U.S. and China over a pandemic that has killed over 300,000 people and leveled the global economy.
2:56 p.m. May 17, 2020 - Associated Press
Officials around world aim to balance risks, rewards of reopening economies without vaccine Leaders of Italy, U.K., say world can’t wait for vaccine; spike in Texas coronavirus cases called ‘a warning shot’ for reopeningOn a weekend when many pandemic-weary people emerged from weeks of lockdown, leaders in the U.S. and Europe weighed the risks and rewards of lifting COVID-19 restrictions knowing that a vaccine could take years to develop.
12:16 p.m. May 11, 2020 - By Marco Ferrarese
Tundra Sartorel and Maurizio Ferrarese, loving wife and husband, who died within three days of each other in Lombardy, Italy A son reflects on losing two parents to COVID-19 while trapped abroadThe author, still stuck in Peru, lost both his parents to COVID-19.
7:40 a.m. May 11, 2020 - By George Soros
George Soros: ‘I do not think anybody knows how capitalism will evolve’ amid the coronavirus pandemic The investor talks about COVID-19, the possible breakup of the European Union and the weakened power of Chinese President Xi JinpingThe investor talks about COVID-19, the possible breakup of the European Union and the weakened power of Chinese President Xi Jinping.
4:30 a.m. May 8, 2020 - By Michael S. Derby
Spanish flu experience in Germany helped fuel the Nazi ascent to power, New York Fed paper concludes Hitler’s party got an electoral boost in part owing to whom the pandemic hit, with younger people faring worst in the public health crisis — which ‘may also have spurred resentment of foreigners among the survivors ... , driving voters towards parties whose platform matched such sentiments’Hitler’s party got an electoral boost in part owing to whom the pandemic hit, with younger people faring worst in the public health crisis — which ‘may also have spurred resentment of foreigners among the survivors, driving voters towards parties whose platform matched such sentiments.’
4:59 a.m. April 24, 2020 - By Barbara Kollmeyer
Upbeat results from Nestlé help European stocks pare losses after EU summit disappoints Lufthansa sinks after liquidity warningEuropean stocks broke a two-session winning streak on Friday, after a European Union summit failed to agree on a much-needed stimulus package and amid doubts over a promising coronavirus treatment from Gilead.
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