News: Rite Aid Corp (RAD.N)
2.79USD
1 Jul 2013
$-0.07 (-2.45%)
$2.86
$2.85
$2.86
$2.74
4,078,209
3,631,263
$3.21
$0.95
Thu, Jun 20 2013
Rite Aid posts third straight quarterly profit
- Rite Aid Corp , the No. 3 U.S. drugstore chain, posted its third consecutive quarterly profit on Thursday, helped by sales of higher-margin generic drugs.
Rite Aid forecasts current-quarter profit above estimates
- Rite Aid Corp forecast a current-quarter profit far above market estimates as the third-largest U.S. drugstore chain continued to sell more generic drugs, which carry higher profit margins.
Fitch Affirms Rite Aid's IDR at 'B-'; Outlook Stable
(The following statement was released by the rating agency) NEW YORK, April 26 (Fitch) Fitch Ratings has affirmed its ratings on Rite Aid Corporation (Rite Aid), including its Issuer Default Rating (IDR) at 'B-'. The Rating Outlook is Stable. A complete list of ratings is provided at the end of this release. KEY RATING DRIVERS: --Rite Aid's high leverage and operating statistics that significantly trail its two major competitors; --Strong market share position as the third largest U.S. drug
Canada's Jean Coutu cuts stake in Rite Aid to 11.7 pct
April 16 - Canadian drugstore chain Jean Coutu Group Inc said it has sold 72.5 million shares in Rite Aid Corp, bringing its stake in the company to 11.7 percent.
BRIEF-Rite Aid shares up 4.3 pct in premarket trading
NEW YORK, April 12 - Rite Aid Corp : * Shares up 4.3 percent in premarket trading
Rite Aid posts quarterly and annual profits, shares up
- Rite Aid Corp posted its second consecutive quarterly profit on Thursday, topping Wall Street's expectations, as the third-largest U.S. drugstore chain filled more prescriptions and sold more generic drugs, which carry higher profit margins.
UPDATE 3-Rite Aid posts quarterly and annual profits, shares up
* Shares up 20 percent to $2.14; highest level since 2009
BRIEF-Rite Aid sees spending about $65 million on prescription file purchases this year
CHICAGO, April 11 - Rite Aid Corp : * Sees spending about $65 million on prescription file purchases this year * Says would do more than $65 million in file buys if possible
BRIEF-Rite Aid shares up 10.6 pct in premarket trading
NEW YORK, April 11 - Rite Aid Corp : * Shares up 10.6 percent in premarket trading after results
Rite Aid posts second quarterly profit in a row
April 11 - Rite Aid Corp posted its second consecutive quarterly profit on Thursday, as the third largest U.S. drugstore chain filled more prescriptions and sold more generic drugs, which carry higher profit margins.
Press Releases
- Ken Martindale Appointed President and COO of Rite Aid
- Rite Aid Completes Debt Refinancing Transaction
- Rite Aid Reports Net Income of $89.7 Million and Adjusted EBITDA of $344.8 Million for First Quarter Fiscal 2014
- Rite Aid Introduces wellness65+ for Seniors
- Rite Aid Announces Tender Offer and Consent Solicitation
- Rite Aid Prices Upsized Offering of Senior Notes
- Rite Aid Announces Offering of Senior Notes as Part of a Refinancing of Certain of Its Outstanding Indebtedness
- Rite Aid and The Skin Cancer Foundation Join to Promote Simple Summer Steps for Healthy, Glowing Skin
- Rite Aid to Release First Quarter Results on June 20
- Rite Aid Commences Debt Refinancing Transaction and Provides Estimates for the First Quarter Fiscal 2014 and Updated Guidance for Fiscal 2014
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