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November 12, 2012
12:30 EDTRADRite Aid says Hurricane Sandy to have negative impact on November SSS
As of November 12, all stores impacted by Hurricane Sandy, with the exception of the Rite Aid store in Lavallette, N.J., have been reopened and are servicing customers. The Company’s store in Lavallette remains closed due to restricted access to the barrier island. Additionally, four stores—three in New York and one in New Jersey—have established temporary pharmacies to ensure patients have access to prescription and other medications while the front-end of the stores are being repaired, which is expected to be completed by next month. At the height of the storm, 790 Rite Aid stores were closed. The company has re-opened the affected stores as quickly as possible over the past two weeks. It is anticipated that Hurricane Sandy will have a negative impact on same store sales results for the month of November, but the company does not expect the storm to have a material impact on the company’s FY13 financial results.
News For RAD From The Last 14 Days
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August 20, 2015
11:49 EDTRADOptions with increasing implied volatility
Options with increasing implied volatility: SRPT ACHN VIAV ZG RAD DIS ORCL SPY XLF OEX
August 19, 2015
11:36 EDTRADRite Aid remains an attractive financial story, says BofA/Merrill
BofA/Merrill said Rite Aid's (RAD) forward results should reflect Envision contributions, few store closures, McKesson contract savings, and ongoing capital structure initiatives. The firm said Rite Aid has opportunities to reduce debt and refinance other obligations that will increase ROIC and lower its cost of capital. BofA/Merrill is encouraged by the company's progress and notes there is little correlation with Wal-Mart's (WMT) sales following yesterday's weakness in shares. The firm rates Rite Aid shares a Buy.
10:40 EDTRADOptions with increasing implied volatility: RAD VIAV
August 18, 2015
10:13 EDTRADRite Aid recalls outdoor dining sets due to fall hazard
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05:48 EDTRADStocks with implied volatility movement; URBN RAD
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