Calling aLL NY stunters and stunteresses
Registered User
Joined: Oct 2006
Posts: 786
From: NYC, Cairo NY
NealFoReal
Joined: Oct 2006
Posts: 36,000
From: QUEENS, NY BITCHES
Re: Calling aLL NY stunters and stunteresses
I ♥ uR mOm
Joined: Feb 2008
Posts: 1,968
From: South East PA
Re: Calling aLL NY stunters and stunteresses
haha.... thats movies Great, i just watched that movie again last week. 
Attack Squirrel Owner
Joined: May 2009
Posts: 3,365
From: Kingston, PA
Re: Calling aLL NY stunters and stunteresses
Walgreen to buy Duane Reade for $1.08 billion
By William Spain, MarketWatch
CHICAGO (MarketWatch) -- Walgreen Co. is buying Duane Reade Holdings Inc., operator of a chain of 257 drugstores in the New York area, for about $1.08 billion including assumption of $457 million in debt, the company said Wednesday.
Calling the purchase of the 50-year-old Duane Reade "a compelling strategic acquisition," Walgreen (NYSE:WAG) said it would fund the purchase with cash on hand and hopes to close the deal by the end of the current fiscal year on Aug. 31.
The company said that the transaction will dilute earnings per share in the first year after closing but would contribute to the bottom line after that, partly with the help of eventual annual cost savings pegged at between $120 million and $130 million.
Duane Reade, founded in 1960, had sales of $1.8 billion last year. Walgreen said it intends to maintain the name -- one of New York City's best-known local retail brands -- on the stores after the acquisition.
"By combining the strengths of our two companies, we can improve our position as the most convenient provider of consumer goods and services, and pharmacy, health and wellness services in the country," said Greg Wasson, chief executive, in announcing the acquisition.
Buying Duane Reade "is consistent with the capital allocation objectives we outlined last fall, which included investing in strategic opportunities that reinforce the company's core strategies and meet return requirements," he added.
"This is a major move by Walgreen's, usually associated with a more suburban or rural market, to take a dominant position in the dense and lucrative NYC market," said Anthony Sabino, a professor of law and business at St. John's University. "This move would not face antitrust concerns, but it would limit the retail drugstore sector to essentially CVS (NYSE:CVS) and Walgreen's as the two national giants battled it out coast to coast."
Meanwhile, Moody's Investors Service affirmed all of Walgreen's ratings following the announcement of the deal. The company currently has an A2 senior unsecured rating, prime-1 commercial paper rating and a stable outlook.
"We view the significant market share Duane Reade will provide Walgreen in the metro New York City market to be a credit positive," said Maggie Taylor, senior credit officer at Moody's. "In addition, Duane Reade will also provide Walgreen with a well recognized brand name and a base for further expansion in the Northeast.
Shares of Walgreen were up fractionally at $34.21 in midday trading.
By William Spain, MarketWatch
CHICAGO (MarketWatch) -- Walgreen Co. is buying Duane Reade Holdings Inc., operator of a chain of 257 drugstores in the New York area, for about $1.08 billion including assumption of $457 million in debt, the company said Wednesday.
Calling the purchase of the 50-year-old Duane Reade "a compelling strategic acquisition," Walgreen (NYSE:WAG) said it would fund the purchase with cash on hand and hopes to close the deal by the end of the current fiscal year on Aug. 31.
The company said that the transaction will dilute earnings per share in the first year after closing but would contribute to the bottom line after that, partly with the help of eventual annual cost savings pegged at between $120 million and $130 million.
Duane Reade, founded in 1960, had sales of $1.8 billion last year. Walgreen said it intends to maintain the name -- one of New York City's best-known local retail brands -- on the stores after the acquisition.
"By combining the strengths of our two companies, we can improve our position as the most convenient provider of consumer goods and services, and pharmacy, health and wellness services in the country," said Greg Wasson, chief executive, in announcing the acquisition.
Buying Duane Reade "is consistent with the capital allocation objectives we outlined last fall, which included investing in strategic opportunities that reinforce the company's core strategies and meet return requirements," he added.
"This is a major move by Walgreen's, usually associated with a more suburban or rural market, to take a dominant position in the dense and lucrative NYC market," said Anthony Sabino, a professor of law and business at St. John's University. "This move would not face antitrust concerns, but it would limit the retail drugstore sector to essentially CVS (NYSE:CVS) and Walgreen's as the two national giants battled it out coast to coast."
Meanwhile, Moody's Investors Service affirmed all of Walgreen's ratings following the announcement of the deal. The company currently has an A2 senior unsecured rating, prime-1 commercial paper rating and a stable outlook.
"We view the significant market share Duane Reade will provide Walgreen in the metro New York City market to be a credit positive," said Maggie Taylor, senior credit officer at Moody's. "In addition, Duane Reade will also provide Walgreen with a well recognized brand name and a base for further expansion in the Northeast.
Shares of Walgreen were up fractionally at $34.21 in midday trading.
KING annoyingeric
Joined: Jan 2007
Posts: 1,275
From: Queens
Re: Calling aLL NY stunters and stunteresses
http://www.youtube.com/watch?v=ar7xBZcVHvs
The fighting starts a little over a minute into it i think..
The fighting starts a little over a minute into it i think..
**** yo couch!!
Joined: May 2007
Posts: 1,427
From: QueenZ, NY
Re: Calling aLL NY stunters and stunteresses
well that little ***** will learn to respect his elders next time.. aghh i hate when punks think they though **** talking trash to older ppl.... hahah you just got knocked the **** out mannn
Zippy Tie Rider
Joined: Mar 2009
Posts: 3,408
From: Florida
