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How stock splits affect price weighted and market-cap weighted indices?Walmart implemented a three-for-one stock split last Friday meaning the investors would now hold three shares of the US retail giant instea...28 Feb, 2024, 05.30 AM IST- US stocks retreat ahead of AI-darling Nvidia's results, Fed minutesNvidia shed 1.2% after a more than 4% decline in the prior session ahead of the semiconductor firm's quarterly earnings, expected after mar...21 Feb, 2024, 10.00 PM IST
- Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots AllianceThe shift was prompted by Walmart's decision to do a 3-to-1 stock split, which will reduce its stock's weighting in the index. The Dow is a...21 Feb, 2024, 08.51 AM IST
- Amazon to replace Walgreens in Dow Jones Industrial AverageAdding Amazon will increase consumer retail exposure as well as other areas in the Dow, and the move was prompted by Walmart's decision to ...21 Feb, 2024, 08.16 AM IST
- An 81-year-old nuclear physicist will decide Mukesh Ambani's largest cross-border acquisition everPessina stepped down from this role in 2020 but continued as executive chairman of Walgreens Boots Alliance Inc. which owns the chemist cha...15 Jun, 2022, 10.17 AM IST
- Mukesh Ambani and Apollo close in on Boots buyoutReliance and Apollo have been in dialogue with global banks and financial institutions to stitch together funding for what would arguably b...03 Jun, 2022, 05.23 AM IST
- Ambani’s Reliance studying possible bid for Walgreens’s Boots chainAmbani, one of India’s richest men, is in the midst of pivoting his traditionally refining-focused conglomerate toward businesses that will...14 Apr, 2022, 02.34 PM IST
- Biocon Biologics set to reap biosimilar insulin glargine opportunity in USDrugmaker Biocon is banking on the ramp-up of interchangeable biosimilar insulin glargine expecting the product to boost the revenue and pr...22 Jan, 2022, 04.07 PM IST
- Dow, S&P close at record highs as Omicron worries easeThe Dow Jones Industrial Average rose 90.42 points, or 0.25%, to 36,488.63, the S&P 500 gained 6.71 points, or 0.14%, to 4,793.06 and the N...30 Dec, 2021, 08.28 AM IST
- Dow Jones gains as oil surge eclipses massive jobless numbersThe S&P energy index, down by half this year, gained 12%.02 Apr, 2020, 11.19 PM IST
- Desi pharma companies need not fear Amazon in USThe official further added that pressure on domestic generics should not increase any further than it already has after increased channel c...05 Jul, 2017, 08.21 AM IST
- US retailers' sales rise in December, but discounts slam marginsUS retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season, hitting profits.09 Jan, 2014, 08.09 PM IST
- Five retailers led by Walgreen sue Pfizer, Ranbaxy for Lipitor generic delayFive big retailers led by Walgreen have sued Pfizer and Ranbaxy for allegedly delaying launch of the Indian company's low-cost version of L...07 Jul, 2012, 11.29 AM IST
- Walgreen offers $2.8 bn to buy Longs Drug StoresWalgreen Co. made an offer to buy Longs Drug Stores Corp. for $2.8 billion.13 Sep, 2008, 09.24 AM IST
- Walgreens offers $2.8B to buy Longs Drug StoresWalgreen Co made an offer late Friday to buy Longs Drug Stores Corp. for $2.8 billion, hoping to unseat a rival offer from CVS Caremark Cor...13 Sep, 2008, 08.05 AM IST
- Hunt for discount stores beginsThat $3.20 latte at Starbucks or the $300 handbag at Coach may no longer be affordable luxuries.23 Nov, 2007, 12.53 AM IST
- US drugstore chains may withstand Wal-Mart planWAL-Mart Stores’ plan to sell some generic drugs for just $4 should not impact leading US drugstores Walgreen and CVS as much as initially ...23 Sep, 2006, 03.37 AM IST
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