Walgreen Co (WAG.N) said on Wednesday that it has taken a minority stake in Core Performance, a company that provides wellness and fitness services in an effort to expand its offerings to corporate clients. Walgreen's Take Care Health Systems unit, which operates 400 work site centers at companies such as Intel Corp (INTC.O) and Walt Disney Co (DIS.N), will offer the wellness, fitness and nutrition advice developed by Core Performance, whose investors include Polaris Venture Partners. Walgreen did not disclose the exact size of its investment in Core Performance. Separately, the drugstore chain also reported that sales at its pharmacies open at least a year rose 4.8 percent, above Wall Street forecasts of a 2.9 percent increase, according to Thomson Reuters. Same-store sales of general merchandise rose 4.7 percent in June, while comparable pharmacy sales, were up 4.9 percent. Walgreen operates about 7,700 drugstores.
Walgreen Co. (Walgreen) together with its subsidiaries, operates a drugstore chain in the United States. Shares of WAG traded higher by 0.96% or $0.41/share to $43.14. In the past year, the shares have traded as low as $26.50 and as high as $47.11. On average, 6219060 shares of WAG exchange hands on a given day and today's volume is recorded at 1174153.
Intel Corporation is a semiconductor chip maker company. Shares of INTC traded higher by 0.84% or $0.1875/share to $22.63. In the past year, the shares have traded as low as $17.60 and as high as $23.96. On average, 65623500 shares of INTC exchange hands on a given day and today's volume is recorded at 6400077.
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. Shares of DIS fell by 0.7% or $-0.28/share to $39.69. In the past year, the shares have traded as low as $31.55 and as high as $44.34. On average, 9637530 shares of DIS exchange hands on a given day and today's volume is recorded at 886888.
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