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Crude Oil Gains 1%; Walgreens Posts Upbeat Earnings
WBAWalgreens Boots Alliance(WBA) Benzinga·2025-04-08 16:11

Company Performance - Walgreens Boots Alliance Inc (WBA) reported second-quarter sales of 38.59billion,reflectingayearoveryearincreaseof4.138.59 billion, reflecting a year-over-year increase of 4.1% (+4.7% on constant currency), surpassing the consensus estimate of 38 billion [2] - Adjusted EPS for Walgreens was 63 cents, down from 1.20ayearago,markinga47.51.20 a year ago, marking a 47.5% decline, but still beating the consensus of 53 cents [2] M&A Activity - Walgreens Boots Alliance withdrew its 2025 guidance in relation to the merger and acquisition deal with Sycamore Partners, which is expected to close in the fourth quarter of calendar year 2025 [3] Stock Movements - NextDecade Corporation's shares surged 23% to 7.33 following a 20-year LNG sale and purchase agreement to supply 1.2 million tonnes per year to a subsidiary of Saudi Aramco [8] - 60 Degrees Pharmaceuticals, Inc. saw its shares increase by 109% to 3.7395afterannouncingapatentlicenseagreementwithYalesSchoolofMedicineandPublicHealth[8]Cycurion,Inc.sharesrose373.7395 after announcing a patent license agreement with Yale's School of Medicine and Public Health [8] - Cycurion, Inc. shares rose 37% to 0.61 due to an expanded partnership with Journal Technologies and a 22millionmultiyearcontractwithastatepoliceagency[8]BluejayDiagnostics,Inc.sharesdropped5722 million multi-year contract with a state police agency [8] - Bluejay Diagnostics, Inc. shares dropped 57% to 3.2291 after entering a warrant inducement transaction for approximately 3.7millioningrossproceeds[8]TilrayBrands,Inc.sharesfell83.7 million in gross proceeds [8] - Tilray Brands, Inc. shares fell 8% to 0.5319 as third-quarter net revenue decreased from 188.3millionto188.3 million to 185.8 million, missing the consensus of 210.45million[8]CVRx,Inc.sharesdeclined40210.45 million [8] - CVRx, Inc. shares declined 40% to 6.96 after Canaccord Genuity cut its price target from 23to23 to 18 [8]