|Bid||69.580 x 300|
|Ask||69.610 x 200|
|Day's Range||69.310 - 70.170|
|52 Week Range||63.820 - 89.690|
|PE Ratio (TTM)||19.20|
|Earnings Date||Apr 3, 2018 - Apr 9, 2018|
|Forward Dividend & Yield||1.60 (2.26%)|
|1y Target Est||86.39|
Rite Aid's pharmacy benefit manager Envision becomes a more attractive business under the umbrella of the large grocery store chain Albertsons.
At the same time, Amazon's foray is widely expected to disrupt the industry, prompting drug chains to beef up their businesses. Backed by private equity firm Cerberus Capital Management, Albertsons hopes the deal will help it become a formidable competitor to CVS Corp (CVS.N) and Walgreens (WBA.O), and give its private equity owners a way to exit their decade-long investment in the grocer. Cerberus first took a stake in Albertsons in 2006 and scaled it through acquisitions including that of Safeway in 2014.
The Walgreens Flu Index™ is a weekly report developed to provide state- and market-specific information regarding flu activity, and ranks those states and markets experiencing the highest incidences of influenza across the country.
NEW YORK, NY / ACCESSWIRE / February 21, 2018 / The parent company of Safeway, Albertsons, has announced that it will be acquiring what's left of Rite Aid after Walgreens received regulatory approval last ...
Grocery store chain Albertsons and Rite Aid plan to add more retail health clinics into more supermarkets after their merger is finalized later this year.
Rite Aid shares surge in premarket trading Tuesday after it announced merger plans with grocery store chain Albertsons Companies.
Albertsons will become public once more as it announced plans Tuesday to merge with Rite Aid after over a decade of private ownership.
ST. LOUIS and DEERFIELD, Ill., Feb. 20, 2018 /PRNewswire/ -- Express Scripts Holding Company (ESRX) and Walgreens Boots Alliance, Inc. (WBA) today announced they are expanding their group purchasing efforts to include the procurement of specialty brand drugs. Given the savings potential associated with biosimilars in the coming years, the two companies believe this expansion is particularly timely. "Specialty medications represent the most costly and complex drugs. By expanding our efforts with Walgreens Boots Alliance, we will improve our supply chain and ultimately make the use of these medicines, including biosimilars, more affordable and accessible for our patients and clients," said Express Scripts President and CEO Tim Wentworth.
A year ago, Rite Aid Corp. was ready to be bought by Walgreens Boots Alliance Inc. for at least $6.50 per share in cash.
Albertsons plans to buy the portion of Rite Aid that isn’t being sold to Walgreens Boots Alliance as retailers of all stripes scramble to respond to a rapidly changing consumer shopping landscape.
The privately held Albertsons Companies, one of America’s leading grocery chains, announced its merger with drugstore chain Rite Aid (RAD) on February 20, 2018. The deal includes that part of Rite Aid that hasn’t already been sold to Walgreens. Rite Aid agreed to sell 1,932 stores and three distribution centers to Walgreens Boots Alliance (WBA) in September 2017.
Learn about the top five major direct shareholders of Rite Aid Corporation, and learn about these shareholders' positions in Rite Aid and their backgrounds.
Stocks slipped early Tuesday as earnings from blue chip retailers and retail and chip sector merger action stirred early trade.
Grocery store chain Albertsons reached an agreement to fully acquire Rite Aid Corporation (NYSE: RAD ). What You Need To Know Rite Aid and Walgreens Boots Alliance Inc (NASDAQ: WBA ) attempted to merge ...
Grocery chain Albertsons said it will buy the remaining more than 2,500 Rite Aid pharmacies that aren’t being sold to Walgreens Boots Alliance.