Walgreens raises quarterly dividend
DEERFIELD, Ill. — Walgreens’ board of directors declared a 27.3% of its quarterly dividend for shareholders of record Feb. 18.
The drug store chain said Thursday that its dividend now totaled 17.5 cents per share. Walgreens has paid a dividend in 313 straight quarters (78 years) and has raised its dividend for 35 consecutive years.
The dividend is payable March 12.
American Diabetes Association honors senator for efforts to stop diabetes
ALEXANDRIA, Va. — The American Diabetes Association is honoring Sen. Susan Collins, R-Maine, for demonstrating leadership and commitment in stopping diabetes.
As the recipient of the 2010 Distinguished Leadership in Diabetes Policy Award — which recognizes members of Congress for supporting the education, awareness and public policy efforts — Collins is being honored for her commitment to the cause as the co-chair of the Senate Diabetes Caucus, in addition to her support of the Special Diabetes Program, the annual American Diabetes Month resolution and efforts to address gestational diabetes.
"I am delighted to receive the 2010 Distinguished Leadership in Diabetes Policy Award from the American Diabetes Association," Collins said. "I have learned a great deal about diabetes and the difficulties and heartbreak it causes for so many American families as they await a cure. There have been some encouraging breakthroughs in research, and we are on the threshold of a number of important new discoveries. I will continue to work with [the American Diabetes Association] and with my colleagues to find better treatments, a means of prevention and ultimately a cure for diabetes."
Walmart’s Big Apple plans on website
NEW YORK — Start spreading the news: Walmart wants to be a part of it — New York, N.Y. Though the retailer’s desire to enter the city is nothing new, its latest push shows that attitudes toward the retailer opening stores in New York City are changing — in Walmart’s favor.
The company recently launched WalmartNYC.com, a "community forum for customers, associates, stakeholders and public officials who want to learn more about Walmart as it continues to evaluate opportunities across the city," according to a company press release.
Walmart launched the site following a study by Douglas E. Schoen that showed 71% of New Yorkers surveyed favored Walmart coming to the city, and in the last year alone, city residents spent more than $165 million at Walmart stores outside the five boroughs.
“We know that job creation and access to affordable food are significant needs in the city, and we think our stores can be part of the solution,” said Steven Restivo, director of community affairs for Walmart. “At the same time, we know New Yorkers overwhelmingly support Walmart, so we’re using social media to listen to the conversation, tell our story and give our supporters a voice.”
Featuring media coverage, footage of Walmart shoppers from New York and facts and figures about the company, WalmartNYC.com will be a place for New Yorkers to learn more about Walmart and how they can help bring the retailer to the city, the company reported.
Walmart said that in February, it plans to set up informational kiosks at local stores in Secaucus and North Bergen, N.J., as well as Valley Stream, N.Y., to promote the new site.