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Safeway to donate funds to Tucson shooting victims

BY Allison Cerra

TUCSON, Ariz. — Safeway announced that it has formed a fund to aid the victims of the recent shooting that occurred in one of its Tucson stores.

The company launched the fund with an initial contribution of $100,000 from the Safeway Foundation, and is encouraging in-store contributions from Safeway customers and community members in the company’s Arizona stores.

“We have felt the shock and the sadness, and with our neighbors, we have felt this community come together to heal and to reach out to the victims and their families,” said Dan Valenzuela, Safeway’s division president for Arizona. “The fund is an extension of what we — and everyone in Tucson — have done from the very beginning. As a community, we have tried to find ways to help where we can and to stand together."

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Walgreens raises quarterly dividend

BY Allison Cerra

DEERFIELD, Ill. — Walgreens’ board of directors declared a 27.3% of its quarterly dividend for shareholders of record Feb. 18.

The drug store chain said Thursday that its dividend now totaled 17.5 cents per share. Walgreens has paid a dividend in 313 straight quarters (78 years) and has raised its dividend for 35 consecutive years.

The dividend is payable March 12.

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American Diabetes Association honors senator for efforts to stop diabetes

BY Allison Cerra

ALEXANDRIA, Va. — The American Diabetes Association is honoring Sen. Susan Collins, R-Maine, for demonstrating leadership and commitment in stopping diabetes.

As the recipient of the 2010 Distinguished Leadership in Diabetes Policy Award — which recognizes members of Congress for supporting the education, awareness and public policy efforts — Collins is being honored for her commitment to the cause as the co-chair of the Senate Diabetes Caucus, in addition to her support of the Special Diabetes Program, the annual American Diabetes Month resolution and efforts to address gestational diabetes.

"I am delighted to receive the 2010 Distinguished Leadership in Diabetes Policy Award from the American Diabetes Association," Collins said. "I have learned a great deal about diabetes and the difficulties and heartbreak it causes for so many American families as they await a cure. There have been some encouraging breakthroughs in research, and we are on the threshold of a number of important new discoveries. I will continue to work with [the American Diabetes Association] and with my colleagues to find better treatments, a means of prevention and ultimately a cure for diabetes."

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