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Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of quarterly shareholder payouts that stretches back more than 90 years.
Deerfield, Ill.-based Walgreens operates retail locations across the United States, Puerto Rico and the U.S. Virgin Islands.
Walgreens has been cutting costs for years, including through stores closures and layoffs in Illinois and other locations.