Drugstores and Walgreen’s profit shortfall

| December 22, 2008

The drugstore sector stumbles at the market open on Monday after Walgreen’s (WAG)  announced that their profit fell 10 percent in its fiscal first quarter. Traders responded with selling shares even after acknowledging the shortfall was due to  “the costs opening more than 200 new store.”  The company answered the loss with a plan to […]

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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