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Dividend stocks are set to surge as investors deploy $6 trillion from money-market funds, Bank of America says. Investors could be looking to invest their cash as the Fed gets ready to cut interest rates in September. AdvertisementSome of the highest-yielding S&P 500 companies include Walgreens Boot Alliance, Altria, Verizon, Ford, and AT&T. And while the S&P 500 as a whole offers a dividend yield of about 1.25%, there are nearly 300 S&P 500 stocks that offer a higher yield. AdvertisementSome of the high-paying dividend stocks recommended by Belski include Abbvie, Chevron, Duke Energy, Gilead Sciences, and Pfizer.
Persons: , Savita Subramanian, Subramanian, BMO's Brian Belski, Belski Organizations: Bank of America, Fed, BMO, Gilead Sciences, Service, Treasury, Walgreens Boot Alliance, Altria, Verizon, Ford, Belski, Duke Energy, Pfizer Locations: Chevron, Gilead, Abbvie
Jan 6 (Reuters) - Pharmacies across the United States are weighing whether to sell mifepristone, a pill used in medication abortions, following the Food and Drug Administration's announcement earlier this week that they can now do so. The FDA rule will make medication abortion, which accounts for more than half of U.S. abortions, more accessible in states where abortion remains legal, but its impact on pharmacies in the states that have banned abortion remains to be seen. The pharmacy is located near Florida's borders with Georgia and Alabama, where abortion is severely restricted. We're not near an abortion clinic or in a larger city where that happens more," she said. Steve Moore, pharmacist and owner of Condo Pharmacy in Plattsburgh, New York, a state where abortion is legal, plans to dispense the drug.
Walgreens, CVS plan to start offering abortion pills
  + stars: | 2023-01-05 | by ( ) www.reuters.com   time to read: +2 min
Jan 4 (Reuters) - Walgreens Boot Alliance Inc (WBA.O) and CVS Health Corp (CVS.N) said on Wednesday they plan to offer abortion pills following the U.S. Food and Drug Administration's (FDA) decision to allow retail pharmacies to offer the drug in the country for the first time. U.S. abortion rights were curtailed in 2022 when the U.S. Supreme Court overturned the landmark 1973 Roe vs. Wade decision. Medication abortion accounts for more than half of U.S. abortions. The decision will make the medication more accessible in states where abortion remains legal, but its impact in states that have banned abortion will be limited. CVS shares fell 1% in regular U.S. trading on Tuesday; Walgreens shares rose 0.8%.
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