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Stock Market & Financial Investment News

News Breaks
January 17, 2013
16:43 EDTRADMoody's changes Rite Aid outlook to positive from stable
Moody's Investors Service today changed Rite Aid Corporation's outlook to positive from stable. All existing ratings including its Caa1 Corporate Family Rating and Speculative Grade Liquidity rating of SGL-3 are affirmed.
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April 23, 2015
13:16 EDTRADPharmacies, PBMs seen as potential buyers after Omnicare said to explore sale
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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 WBAís 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
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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 Aidís senior vice president and chief information officer. In this position, Rempel will have responsibility for all aspects of the companyís technology and information operations, including computer systems, network infrastructure, telecommunications and data security as well as the continued development and execution of Rite Aidís immediate and long-term information technology strategy. Rempel will report to Frank Vitrano, Rite Aidís senior executive vice president and chief administrative officer.
April 14, 2015
11:07 EDTRADStocks with call strike movement; EBAY RAD
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10:34 EDTRADOptions with decreasing implied volatility
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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
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