Walgreens (WAG) says contract renewal negotiations with Express Scripts (ESRX) have failed, and...

|About: Walgreens Boots Alliance... (WBA)|By:, SA News Editor

Walgreens (WAG) says contract renewal negotiations with Express Scripts (ESRX) have failed, and the company will therefore stop participating in Express Scripts' pharmacy provider network as of Jan. 1, 2012. Shares of WAG, which climbed after the firm's earnings beat, now -2.6%. ESRX -4.9%. (PR)