1.68 +0.04 (2.44%)
Pre-Market: 7:00AM EST
|Bid||1.68 x 1000|
|Ask||1.74 x 2800|
|Day's Range||1.56 - 1.69|
|52 Week Range||1.38 - 8.77|
|PE Ratio (TTM)||19.52|
|Earnings Date||Sep 20, 2017 - Sep 25, 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||2.18|
RR Donnelley & Sons Co (NYSE:RRD) isn’t exactly a household name, though odds are good everyone in your household has seen an RR Donnelley product … perhaps without even realizing it. The company makes a variety of advertising and marketing materials, as well as provides insights and consulting to client companies.
If Amazon were to launch pharmacies in Whole Foods and on Prime, an acquisition of Rite Aid would accelerate market share gains, according to Cowen.
Rite Aid stores nationwide are ready to kick start the holiday shopping season by once again offering customers the lowest offers of the year during its Black Friday sales beginning as early as 8 a.m.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on October 23. Index (PMI) data, output in the Consumer Services sector is rising.
Rite Aid Corporation today announced that Rob Mullins, Rite Aid’s current divisional pharmacy vice president of the Company’s Western division, has been named senior vice president of store operations of the Western division.
In 2017, the PetMed Express (PETS) website attracted ~32.0 million visitors, ~8.0% of whom placed an order for a conversion ratio of ~25.0%.
The Rite Aid Foundation’s KidCents program is pleased to announce that Bervin Harris of the Renaissance Youth Center in Bronx, NY, and Kirk Hallett of the Joshua Group in Harrisburg, Pa., have been selected as the first recipients of its first-ever KIDCHAMPSM award.
When Walgreens announced its intention to buy Rite Aid for $9.4 billion in October 2015, RAD stock was trading around $8 and darn close to decade highs. Now, RAD stock price is just $1.50. A scrapped acquisition won’t be the catalyst that bankrupted 55-year-old Rite Aid.
Rating Action: Moody's Affirms One Interest Only Class of NLFC 1999- LTL1. Global Credit Research- 09 Nov 2017. Approximately $30.5 Million of Notional Structured Securities Affected.
Dismembered by Walgreens Boots Alliance Inc (NYSE:WBA) and awaiting the swoop of Amazon.com, Inc. (NASDAQ:AMZN), Rite Aid Corporation (NYSE:RAD) is dead in the water. While buying Rite Aid would give Amazon a collection of assets including a pharmacy benefit manager (PBM) and over 2,000 retail outlets that could expand its physical presence beyond Whole Foods, Amazon doesn’t have to buy Rite Aid to get into the pharmaceutical market. If Amazon stays offstage, Rite Aid has no good options.
In the span of a year, Fred’s Inc. has experienced some highs and some lows — to say the least. News broke in December 2016 that the Memphis-based pharmacy and general merchandise store was poised to become the third-largest drug store chain in the country as part of a $950 million deal with Walgreens Boots Alliance Inc. Walgreens and Rite Aid announced a new agreement at the end of June 2017 that removed Fred’s from the equation — an attempt to satisfy Federal Trade Commission (FTC) approvals.
Three weeks ago, I penned some thoughts on struggling drugstore chain Rite Aid Corporation (NYSE:RAD). The impending deal with Walgreens Boots Alliance Inc (NASDAQ:WBA) will certainly put more cash in the company’s coffers. With a smaller footprint, Rite Aid is increasingly more unlikely to become more competitive with Walgreens and CVS Health Corp (NYSE:CVS).
NEW YORK, NY / ACCESSWIRE / November 7, 2017 / U.S. markets once again reached record highs on Monday on news of merger deals within the tech industry and continued strength in corporate earnings. The ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Rite Aid Corp. Here are 5 ETFs with the largest exposure to RAD-US. Comparing the performance and risk of Rite Aid Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Honestly, I feel for Rite Aid Corporation (NYSE:RAD) shareholders. A little over two years ago, Walgreens Boots Alliance Inc (NASDAQ:WBA) announced it would buy the company for $9 per share. It’s been an awful run for RAD stock, but that doesn’t necessarily mean Rite Aid stock is cheap.
Rite Aid Corporation today announced that Matt Schroeder has been promoted to senior vice president, chief accounting officer and treasurer, effective immediately. He will continue to report to Darren Karst, the company’s senior executive vice president, CFO and chief administrative officer.
Rite Aid Corporation (NYSE:RAD) finds itself a distant third in terms of drug store numbers, valuation, and profits. Walgreens Boots Alliance Inc (NASDAQ:WBA) and CVS Health Corp (NYSE:CVS), Rite Aid’s most direct competitors, dominate the retail drug store market. Rite Aid faces a well-unknown but rarely discussed problem. The company lacks what the French call a raison d’être, or reason for being. If Rite Aid disappeared tomorrow, retailing wouldn’t miss a beat.