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What to Watch Wednesday: Walgreens Boots Alliance Takes the Spotlight

For Wednesday October 28, TheStreet awaits quarterly results from Walgreens Boots Alliance (WBA), Mondelez (MDLZ), Fiat Chrysler (FCAU), Amgen (AMGN), PayPal (PYPL), Buffalo Wild Wings (BWLD) and more.

For Wednesday October 28, TheStreet takes note of big companies releasing their latest financial data. We begin the day with Walgreens Boots Alliance (WBA), GlaxoSmithKline (GSK), Mondelez International (MDLZ), Fiat Chrysler (FCAU), Hilton Worldwide (HLT), and Hershey (HSY). Then after the market close, we hear from Amgen (AMGN), PayPal (PYPL), and Buffalo Wild Wings (BWLD). When Walgreens Boots Alliance reports its fourth quarter fiscal 2015 earnings results, analysts are estimating $0.81 a share on revenue of about $28 and a half billion. Year-over-year, both earnings and revenue are predicted to increase. Several key reports on the U.S. economic calendar include MBA mortgage applications at 7 a.m. Eastern, followed by the weekly oil inventory data. Then at 2 p.m., we hear from the Federal Open Market Committee. Economists are expecting the Fed to hold off on raising interest rates due to sluggish inflation and concerns about the global economy. TheStreet's U-Jin Lee reports in New York.

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