Walgreen 3rd-Qtr Profit Rises 20% on Generic Drugs (Update1)

``The company is quick to react to changing situations,'' said Don Gher, chief investment officer at Coldstream Capital Management in Bellevue, Washington, which manages $650 million, including Walgreen shares. ``They have been revamping from analog to digital photos and they are responding to the mail-order threat with innovative 90-day retail supply plans as well as with their own pharmacy-benefits manager.'''

Source: Bloomberg


Posted: Mon - June 27, 2005 at 09:57 AM