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Rite Aid Corporation (NYSE:RAD) Stands To Benefit From Recent Deal With McKesson Corporation (MCK)

Boston, MA 05/20/2014 (wallstreetpr) – Rite Aid Corporation (NYSE:RAD) is a $7.5 billion retail drugstore operator in the U.S. The company provides prescription drugs and a wide range of other merchandise. It is currently managing a turnaround and expects to enter a growth phase sooner than later. The company recently entered a deal with medical […]

Walgreen Company (NYSE:WAG): It Was Pleasure Doing Business In April

Boston, MA 05/06/2014 (wallstreetpr) – Walgreen Company (NYSE:WAG) joined its rivals and peers in reporting significant sales improvement in April. The company also joined its peers in witnessing weak sales in March. But it was Easter that made all the difference. The fact the Easter fell in April as opposed to March denied the drugstore retailer […]

Rite Aid Corporation (NYSE:RAD) Finally Tuned Up For Growth

Boston, MA 04/24/2014 (wallstreetpr) – Finally Rite Aid Corporation (NYSE:RAD), the third-largest drugstore in the U.S. is approaching towards stability after years of struggle in the Industry. Its recent release of fourth quarter profits proves the point as how the company has been able to move beyond its loss making years and establish itself as a […]

Rite Aid Corporation (NYSE:RAD) Maintains Stable Outlook

Boston, MA 04/23/2014 (wallstreetpr) –  Fitch has raised Rite Aid Corporation (NYSE:RAD)’s outlook to stable and has upgraded its Issuer Default Rating (IDR) rating from ‘B-‘ to ‘B’. The upgrade was due to improvement in operating results, credit profile and liquidity position. Operating results In FY2014, Rite Aid’s revenues improved due to increasing same store […]

Spotted: Yandex NV (NASDAQ:YNDX), FuelCell Energy Inc (NASDAQ:FCEL), Rite Aid Corporation (NYSE:RAD)

Boston, MA 03/04/2014 (wallstreetpr) – Yandex NV (NASDAQ:YNDX) changed hands for as low as $31.55 per share in Monday trading. Eventually the stock closed the day down more than 14 percent to $32.23. The stock was clearly troubled by Russia’s invasion of Ukraine, a move that has heightened political tension in the region and attracted […]

Wall Street Recap: Rite Aid Corporation (NYSE:RAD), Groupon Inc (NASDAQ:GRPN), SandRidge Energy Inc. (NYSE:SD)

Boston, MA 03/03/2014 (wallstreetpr) – Rite Aid Corporation (NYSE:RAD) is currently in the portfolio of several hedge funds. What is even more interesting in the stock is that several hedge funds have been boosting their stake in the company. The latest available data on hedge funds position in RAD suggest that Arrowstreet Capital which is managed […]

Spotted: Rite Aid Corporation (NYSE:RAD), Pfizer Inc. (NYSE:PFE), Ford Motor Company (NYSE:F)

Boston, MA 02/26/2014 (wallstreetpr) – Rite Aid Corporation (NYSE:RAD) managed to attain 2.6 percent growth, sending the share of the company up to $6.70 by bell time Tuesday. That followed announcement that RAD had inked a new distribution deal for its generic drugs with long-time partner McKesson Corp. (NYSE:MCK). The newly announced deal reflects a […]

Rite Aid Corporation (NYSE:RAD) Continues To Hit New Highs

Boston, MA 02/21/2014 (wallstreetpr) – Rite Aid Corporation (NYSE:RAD) is this week’s gainer after announcing it had expanded its distribution agreement with drug retailer McKesson, its shares were up beat moving up by 2.2% as a result of the positive news. The agreement involve the distribution of both brand and generic pharmaceuticals. The week has seen the […]

Rite aid Corporation (NYSE:RAD) Stock Gaining After An Agreement With McKesson

Boston, MA 02/20/2014 (wallstreetpr) – Rite aid Corporation (NYSE:RAD) gained on Tuesday trading session after it was announced it had entered an agreement with drug retailer McKesson. Midmorning session saw the company shares move up by highs of 5.3% to reach highs of $6.24 at the back of trading volumes amounting to 21.5 million that came […]

Rite Aid Corporation (NYSE:RAD) And MacKesson Sign A Five Year Deal

Boston, MA 02/19/2014 (wallstreetpr) – Rite Aid Corporation (NYSE:RAD) which has seen a $500 million improvement over the past three years has entered into a pact agreement with MacKesson Corporation (NYSE:MCK). The deal involves the expanded distribution of the company’s brand and generic Pharmaceuticals. The deal is expected to run for 5 years  until March […]

Investor Alert: Rite Aid Corporation (NYSE:RAD), Inovio Pharmaceuticals Inc (NYSEMKT:INO), Alcatel Lucent SA (ADR) (NYSE:ALU)

Boston, MA 02/12/2014 (wallstreetpr) –  Rite Aid Corporation (NYSE:RAD) and several other chain drug stores including Walgreens, have been urged by about eight senators to drop tobacco from their shelves. By doing this, they will follow in the footsteps of CVS Caremark Corporation (NYSE:CVS) which has already done it. Instead, the stores are urged to […]

News around Day Movers: Activision Blizzard, Inc. (NASDAQ:ATVI), The Coca-Cola Company (NYSE:KO), Rite Aid Corporation (NYSE:RAD)

Boston, MA 02/11/2014 (wallstreetpr) – Activision Blizzard, Inc. (NASDAQ:ATVI) has had its price target hoisted to $24 by Stifel analyst Drew Crum. Previously the analyst had a price target on the stock at $22. The analyst also has the stock a “buy” recommendation. This recommendation is informed by such strength as strong game pipeline that […]

Keep An Eye Here: eBay Inc (NASDAQ:EBAY), Rite Aid Corporation (NYSE:RAD), Wells Fargo & Co (NYSE:WFC)

Boston, MA 02/07/2014 (wallstreetpr) – eBay Inc (NASDAQ:EBAY) founder Pierre Omidyar is teaming up with several journalists and editor to launch a Snowden-themed Internet magazine. The magazine is expected to debut in the coming week. The launch of edition of the magazine will focus on classified government documents obtained by former NSA contractor Edward Snowden. […]

Investor Digest: Verizon Communications Inc. (NYSE:VZ), Rite Aid Corporation (NYSE:RAD), JPMorgan Chase & Co. (NYSE:JPM)

Boston, MA 02/06/2014 (wallstreetpr) – Verizon Communications Inc. (NYSE:VZ) joins other U.S tech companies including Microsoft Corporation (NASDAQ:MSFT), Sprint Corporation (NYSE:S) and Apple Inc (NASDAQ:AAPL) among others in the ledge to raise more than $750 million towards technology upgrade in U.S. schools. VZ will contribute about $100 million in cash and kind towards the initiative […]