New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
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
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2015
13:16 EDTRADPharmacies, PBMs seen as potential buyers after Omnicare said to explore sale
Subscribe for More Information
12:08 EDTRADLeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Larsen, along with Mary Ptacek, VP of Pharmaceutical Strategies Group and Ruth Krystopolski, EVP of Sanford Health, discuss the 2016-2017 Pharmacy Benefit Managers selling season and which PBMs are poised to gain share, the impact of WBA’s growth plans, recent M&A activity and biosimilars on an Analyst/Industry conference call to be held on April 24 at 2 pm.
07:36 EDTRADUBS estimates Omnicare buyer would need to pay $95 per share
Subscribe for More Information
April 22, 2015
08:00 EDTRADRite Aid weakness a buying opportunity, says Cowen
Cowen said to add to Rite aid positions on the recent pullback as the reason for the weakness is the receding of a takeout premium, which was not in the firm's investment thesis to begin with. The firm sees strong underlying fundamentals and strong returns from its store remodeling program, which is still in its early innings. Cowen reiterated its Outperform rating and $12 price target on Rite Aid shares.
April 20, 2015
09:31 EDTRADRite Aid names Steve Rempel as SVP, Chief Information Officer
Rite Aid Corporation announced that Steve Rempel, a highly experienced information technology executive, has been named Rite Aid’s senior vice president and chief information officer. In this position, Rempel will have responsibility for all aspects of the company’s technology and information operations, including computer systems, network infrastructure, telecommunications and data security as well as the continued development and execution of Rite Aid’s immediate and long-term information technology strategy. Rempel will report to Frank Vitrano, Rite Aid’s senior executive vice president and chief administrative officer.
April 14, 2015
11:07 EDTRADStocks with call strike movement; EBAY RAD
Subscribe for More Information
10:34 EDTRADOptions with decreasing implied volatility
Subscribe for More Information
07:58 EDTRADRite Aid has a conference call hosted by JPMorgan
JPMorgan Analyst Gill will host a conference call with CEO John Standley on April 21 at 1 pm.
April 13, 2015
10:33 EDTRADOptions with decreasing implied volatility
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use