Shares of Walgreens Boots Alliance dropped nearly 10% in premarket trading after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The ...

Walgreens Boots Alliance shares are falling in extended trading Thursday after the company suspended its quarterly dividend.

Walgreens was on the cusp of becoming a Dividend King before drastically cutting its dividend yield. Walgreens' stock price fell by over 60% in the last year due to a number of issues. The ...

Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...