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Articles tagged with: DOW Jones

Walgreen Buys Drugstore.com For $409 Million In Cash

Walgreens was founded in 1901 by Charles Walgreen Sr. Walgreen purchased the Chicago drugstore where he had worked as a pharmacist. His ambition fueled the start of the drugstore chain and has expanded since. About 100 years later, Walgreens opened it’s 3,000th store. Walgreens was also the first drugstore chain to offer prescription labels in multiple languages, across the nation. Today, you can pick up your prescription in any one of 14 different languages.

The well known drugstore has announced this morning that they will buy the online retailer Drugstore.com for 409 million dollars in cash. Those who previously had stock in Drugstore.com…

Hackers Break Into NASDAQ’s Computers

The Wall Street Journal has reported that the computers for the Nasdaq Stock Market exchange were compromised during the past year. Essentially the computers for the Nasdaq OMX Group were targeted and hacked but the trading platform was unaffected. However, it was unclear which other parts of Nasdaq’s computer network was accessed.

Federal investigators speculate on a number of potential motives around it, but intentions are likely for unlawful financial gain and theft of trade secrets designed to damage the exchange.

According to the report, the investigation is being conducted by the Federal Bureau of Investigation (FBI) and the U.S. Secret Service. The attacks is worrying investigators, who are unsure whether all potential holes have been closed, considering the attackers are seeking new ways to breach the systems.