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Stock Market & Financial Investment News

News Breaks
January 31, 2013
08:31 EDTRADRite Aid reports January SSS up 0.3%
For the four weeks ended Jan. 26, 2013, same store sales increased 0.3% over the prior-year period. January front-end same store sales increased 4.2%, of which 2.4% was attributable to flu-related over-the-counter products. Pharmacy same store sales, which included an approximate 665 basis points negative impact from new generic introductions, decreased 1.4%. Prescription count at comparable stores increased 5% over the prior-year period, of which 3.4% was attributable to flu-related prescriptions and flu shots. Total drugstore sales for the four-week period decreased 0.5% to $1.914B compared to $1.923B for the same period last year. Prescription sales accounted for 68.9% of drugstore sales, and third party prescription sales represented 96.2 percent of pharmacy sales.
News For RAD From The Last 14 Days
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October 23, 2014
12:12 EDTRADRite Aid management to meet with Guggenheim
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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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