Walgreens earnings top estimates, company raises forecast, unveils turnaround strategy
A person walks outside Duane Reade by Walgreens in Hell's Kitchen on May 26, 2021 in New York City. Walgreens Boots Alliance said on Thursday that sales rebounded at its stores in its fiscal third-quarter and got a lift from Covid-19 shots, prompting the company to raise its outlook for the year ahead. Excluding items, the company earned $1.51 per share, higher than the $1.17 expected by analysts surveyed by Refinitiv. Sales rose to $34.03 billion from $30.36 billion a year earlier, exceeding the $33.76 billion that analysts expected. As of Wednesday's close, Walgreens shares are up about 32% so far this year.
cnbc.comAs pandemic worsens, most US states resist restrictions
Some see little patience among their constituents for more restrictions 10 months into the crisis. And high school officials voted Tuesday to allow winter sports, reversing a decision made four days earlier to cancel the season. Governors in other hot spots, including Texas, have expressed similar sentiments, while other states are loosening restrictions even as the U.S. death toll closes in on 380,000 and cases top 22.7 million. Even in states with strict measures in place, such as California, people are flouting the rules. “I think every time there has been a closure in different states, a lot more influx of different people from different states has come in,” he said.
Saving some favorite NYC places through online campaigns
The boarded-up windows and For Rent signs are all over the place in Manhattans Hells Kitchen neighborhood. But the economic darkness brought on by the coronavirus pandemic has had a few bright spots. A couple of well-loved venues have gotten financial boosts, thanks to online fundraising campaigns and even a telethon. (AP Photo/Mary Altaffer)NEW YORK – The boarded up windows and For Rent signs are all over the place in Manhattan’s Hell’s Kitchen neighborhood, where restaurants are closed and businesses shuttered. Married couple Tom and Michael D’Angora, who live in Hell's Kitchen, first started a GoFundMe campaign on behalf of the West Bank Cafe/Laurie Beechman Theater.
Street gatherings bring joy in Hell's Kitchen in pandemic
Police officers on patrol check on a small crowd outside a bar in the Hell's Kitchen neighborhood of New York, Friday, May 29, 2020, during the coronavirus pandemic. The street has been blocked off from traffic to allow residents to gather in open spaces with some social distancing. (AP Photo/Mark Lennihan)NEW YORK On a late Friday afternoon, there is joy and fraternity found on a blocked-off street in Manhattans Hells Kitchen neighborhood. It's Cheers but in Hell's Kitchen," he says referencing the popular 1980s sitcom. Following that, police placed a barricade, on occasion, to block traffic traffic and allow for street mingling.