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Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:01 EDTRADRite Aid reports May SSS up 3.5%
May front-end same store sales increased 0.5%. Pharmacy same store sales, which included an approximate 156 basis points negative impact from new generic introductions, increased 5%. Prescription count at comparable stores increased 3.2% over the prior-year period. Total drugstore sales for the five-week period increased 2.5% to $2.484B compared to $2.423B for the same period last year. Prescription sales accounted for 68% of drugstore sales, and third party prescription sales represented 97.4% of pharmacy sales.
News For RAD From The Last 14 Days
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July 24, 2014
16:09 EDTRADRite Aid names Darren Karst as executive VP, CFO
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16:05 EDTRADRoundy's CFO Karst leaves for Rite-Aid, names Michael Turzenski as CFO
Roundy’s (RNDY) announced that Darren Karst, Roundy’s executive VP and CFO will be leaving the company to join Rite Aid (RAD) as its executive VP and CFO. Karst will remain with Roundy’s through August 9. Michael Turzenski, currently Roundy’s group VP and Chief Accounting Officer, has been appointed group VP, CFO by Roundy’s board. Turzenski has served as group VP, Chief Accounting Officer since February 2012. Turzenski joined Roundy’s in 2007 as VP, controller.
July 11, 2014
06:00 EDTRADStocks with implied volatility below IV index mean; RAD BBBY
Stocks with implied volatility below IV index mean; Rite Aid (RAD) 36, Bed Bath & Beyond (BBBY) 18 according to iVolatility.

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