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Stock Market & Financial Investment News

News Breaks
December 20, 2012
07:15 EDTRADRite Aid reports Q3 SSS down 1.5%
Same store sales for the quarter decreased 1.5% over the prior year 13-week period, consisting of a 1.1% increase in front end sales offset by a 2.7% decrease in pharmacy sales. Pharmacy sales included an approximate 924 basis point negative impact from new generic introductions. The number of prescriptions filled in same stores increased 3.6% over the prior year period, which includes the benefit of additional prescriptions resulting from the Walgreens (WAG)-Express Scripts (ESRX) dispute. Prescription sales accounted for 67.8% of total drugstore sales, and third party prescription revenue was 96.5% of pharmacy sales.
News For RAD From The Last 14 Days
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October 21, 2014
08:03 EDTRADCVS offering drug plan with higher co-pay at stores selling tobacco, WSJ says
CVS Health (CVS), which stopped selling tobacco products last month, is now offering a prescription-drug plan via its pharmacy benefits unit Caremark that charges patients copayments that are up to $15 higher on prescriptions filled where tobacco is sold, which includes at rival pharmacies operated by Walgreen (WAG) and Rite-Aid (RAD), reported The Wall Street Journal. Reference Link
October 13, 2014
10:08 EDTRADOn The Fly: Analyst Initiation Summary
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07:47 EDTRADRite Aid initiated with a Market Perform at Cowen
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