This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here Cameron, Natco to Merge

Same-store prescriptions filled also rose 2.8% last month, while total monthly sales rose 6.1% from year-ago levels, to $5.37 billion.

The company reported that overall same-store sales for the current fiscal year-to-date are up 1.9%.

Walgreen shares rose 37 cents, or +1.2%, in morning trading Tuesday.

We have avoided shares of WAG since our early June coverage began, when the stock was trading at $35.53. The company has a 1.45% dividend yield, based on last night's closing stock price of $31.14.

The stock has technical support in the $26-$28 price area. If the shares can firm up, we see overhead resistance around the $33-$34 price levels. We would remain on the sidelines for now.

Walgreen is not recommended at this time, holding a DARS Rating of 3.2 out of 5 stars.

American Express Prices $500 Million Share Offering

Credit card giant American Express (AXP - Get Report) joined the share offering party Tuesday, announcing it will sell about $500 million of its shares.

The New York City-based company will price around 19.8 million shares of its common stock at $25.25 per share, which is less than a 1% discount from its Monday closing price of $25.99.

After the sale is completed, the company will garner around $500 million in funds.

American Express shares fell $1.41, or -5.5%, in late morning trading Tuesday.

We continue to avoid shares of AXP, as we have since our early June coverage began, when the stock was trading at $44.65. The company has a dividend yield of 2.77%, based on last night's closing stock price of $25.99.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
NTG $18.39 1.00%
AXP $76.99 -0.40%
CAM $65.11 2.10%
MS $32.38 0.28%
WAG $81.65 2.05%


Chart of I:DJI
DOW 16,810.20 +33.77 0.20%
S&P 500 1,979.18 -7.87 -0.40%
NASDAQ 4,742.7060 -38.5580 -0.81%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs