Wednesday, April 7, 2010 as of 11:14 AM ET
Rite Aid () is a drugstore chain in the United States and a Fortune 500 company headquartered in East Pennsboro Township, Pennsylvania, near Camp Hill.
Read More at Wikipedia ›Express Scripts Holding Co.
's (ESRX) first-quarter earnings fell 18%, pressured by costs tied to the recent acquisition of fellow pharmacy-benefit manager Medco Health Solutions Inc. and efforts to clear space for Medco's integration.The $29.1 billion purchase closed in early April, creating the pharmacy-benefit sector's biggest company. The companies, known as PBMs, manage drug benefits for health plans and corporate customers.The just-concluded deal has heightened interest in company forecasts, and on that front, St. Louis-based Express Scripts forecast a 2012 earnings range mostly below analyst expectations. The company's shares slipped 0.8% to $53.90 in after-hours trading.Though the Street forecast was pumped up by some particularly high estimates, company guidance was still "a little lighter" than people expected, Jefferies & Co. analyst Arthur Henderson said. Guidance-related questions will be important on the company's earnings call early Friday, he said.The company late Thursd...Rite Aid Corp. said Thursday its fourth-quarter loss narrowed to $163.8 million, or 18 cents a share, from a loss of $205.7 million, or 24 cents a share, in the year...
First-quarter earnings season kicks off next week as earnings seasons always do with a report from aluminum products maker Alcoa (NYSE: AA).Other bellwether companie...
The Constitutionality of the health-care legislation is being argued in the U.S. Supreme Court this week, but there is one aspect of health care that many on both si...
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Walgreen Co's (NYSE:WAG) comparable sales fell more than expected in February, the second month that the largest U.S. drugstore chain did not fill prescriptions for ...
The doctor will see you now, but not in the typical office setting with you sitting on the examining table. Drug store operator Rite Aid (NYSE:RAD) is offering peop...
DOW JONES NEWSWIRESThe following companies are among those that have reported January retail sales:COMPANY SYMBOL SAME-STORE FIRST CALL EST. Bon-Ton BONT (3.5%) N/A ...
Rite Aid Corp. on Thursday reported a 2.2% increase in January same-store sales. Total drugstore sales rose 1.6% to $1.92 billion, with prescription sales accounting...
FOX News legal analyst Lis Wiehl and Deirdre Imus discuss Hollywood’s effect on body image in America.
WellPoint Inc. (WLP) and pharmacy-benefit manager Express Scripts Inc. (ESRX) have had positive talks over a contract dispute that recently became public and will ho...
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Kathleen Smith of Renaissance Capital on how the market is receiving recent IPOs
Rite Aid Corp.'s (RAD) same-store sales rose 2.9% in April, continuing the streak of monthly sales gains for the drugstore chain.The No. 3 U.S. drugstore chan behind...
CVS Caremark Corp.'s (CVS) first-quarter profit rose 8.8% as its pharmacy-benefits-management business again performed well and an extra day for leap year and the ea...
I thought I'd shake things up this week and talk about a few trades I'm in. Before I get to those, however, a quick look at the market. And I say "quick" because tha...
These are stocks that are up on high volume today:Today, Under Armour (NYSE:UA) is up on high volume, trading at a volume of 1.8 million, or 2.8 times its average da...
Rite Aid Corp.'s (RAD) fiscal fourth-quarter loss narrowed as the drug-store company benefited from an extra week of sales and a tax benefit in the latest period.The...
A double-digit jump in sales allowed Rite Aid (NYSE:RAD) to narrow its fourth-quarter loss, but the drug-store operator's results still missed Wall Street's expectat...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
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