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Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that it has commenced an offer to exchange (the “Exchange Offer”) up to $600 million aggregate principal amount (the “Maximum Amount”) of its outstanding 6.1...
The recent quarterly report from struggling drugstore chain Rite Aid (NYSE: RAD) was encouraging enough...initially. Most top-line measures came in better than expected for the quarter ending in November, and per-share operating profits of $0.54 blew past FactSet's consensus figure of $0.0...
Synthesis Energy Systems (NASDAQ: SES ) +83% . More news on: Synthesis Energy Systems, Inc., Recon Technology, Ltd., Cassava Sciences, Inc., Stocks on the move, Read more ...
Core Laboratories N.V. (NYSE: CLB ) -17% on revising Q4 guidance and dividend cut. More news on: Core Laboratories N.V., Rite Aid Corporation, Cassava Sciences, Inc., Stocks on the move, Read more ...
Gainers: Savara (NASDAQ: SVRA ) +98% . More news on: Savara Inc., NIO Limited, Sol-Gel Technologies Ltd., Stocks on the move, Read more ...
Wave Life Sciences (NASDAQ: WVE ) -27% on disappointing Huntington's data. More news on: Wave Life Sciences Ltd., Iterum Therapeutics plc, NewLink Genetics Corporation, Stocks on the move, Read more ...
The SPDR S&P 500 Trust's (SPY) rally to new highs has been a boon to big-cap investors, but the Russell 2000 has yet to eclipse its 2018 highs, and that's left small-cap investors envious. Fortunately, small caps' under-performance may not last much longer. Over the past decade, the Russel...
It's been yet another disappointing year for Rite Aid (RAD) shareholders, but this massive underperformance was saved by a gigantic final week to the year. Rite Aid is up over 200% in the last 10 trading days and now 55% year-to-date and has gone from lagging the S&P 500 ( SPY ) to leading...
Rite Aid ( RAD +12.8% ) rallies to a new 52-week high and has nearly tripled in nine days after reporting much better than expected Q3 earnings and guidance. More news on: Rite Aid Corporation, Consumer stocks news, Stocks on the move, Read more ...
The stock market continued to tread water during the holiday week, as investors seemed content to leave popular market benchmarks at or near all-time highs. Most companies aren't announcing much in the way of news as the year approaches its end, and there wasn't major economic or geopolitical ne...
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Secures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Compan...
Stein Succeeds Elizabeth “Busy” Burr Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) an...
Reaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives Receives Commitment f...