Josh Nathan-Kazis

Josh Nathan-Kazis is a reporter at Barron's, covering the healthcare industry. He was previously a staff writer at The Forward where he investigated nonprofits and covered local and national politics as well as wrote about institutions in the American Jewish community.

64%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • Shares of Walgreens Boots Alliance fell by more than 10%
  • the pharmacy chain said it is cutting its quarterly dividend by nearly half.

Conflicts of Interest

50%

Examples:

No current examples available.

Contradictions

100%

Examples:

  • The title implies that Walgreens has made a permanent change to its dividend policy when in fact it's only cutting it for one quarter.

Deceptions

50%

Examples:

  • The title implies that Walgreens has made a permanent change to its dividend policy when in fact it's only cutting it for one quarter.

Recent Articles

Walgreens Slashes Dividend to Strengthen Balance Sheet

Walgreens Slashes Dividend to Strengthen Balance Sheet

Broke On: Thursday, 04 January 2024 Walgreens Boots Alliance reported first-quarter earnings and revenue that topped expectations. The company announced a dividend cut of 48% to $0.25 per share, marking the first time in nearly five decades that Walgreens has cut its dividend. Adjusted earnings were $0.66 per share, surpassing analysts' estimates and seeing an increase in sales by 10% year-over-year to $36.7 billion. Despite the positive earnings report, Walgreens Boots Alliance still faces challenges such as a higher tax rate and lower COVID-19 contribution.