|Day's Range||2.48 - 2.62|
|52 Week Range||2.21 - 8.77|
|PE Ratio (TTM)||-39.69|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Rating Action: Moody's Affirms Five Classes of RCCMT 2014-1. Global Credit Research- 20 Jul 2017. Approximately $76.9 Million of Structured Securities Affected.
Fred’s Inc. — the pharmacy and general merchandise retailer that recently saw its plans of becoming the third-largest drugstore chain in the U.S. shattered — announced July 19 that Jason Jenne was appointed executive vice president and CFO of Fred’s, effective immediately. Jenne replaces Rick Hans in the position. Hans joined Fred’s in April 2016 under then-Fred’s CEO Jerry A. Shore.
The Rite Aid that will emerge from the WBA deal will be much different than the company that existed before the deal. Walgreens was going to buy RAD for $9.4 billion, or about $9 per share. The Federal Trade Commission (FTC) didn’t like that idea, so it told Walgreens and Rite Aid to go back to the drawing board.