Previous 10 | Next 10 |
Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced the early results of its previously announced offer to exchange (the “Exchange Offer”) up to $600 million aggregate principal amount (the “Maximum Amount”) of...
Background Investing in Rite Aid (RAD) beginning in 2000 and routinely visiting those stores locally in the Manhattan area until 2003, nationwide store visitation began soon after I moved to Florida where Rite Aid has no stores. These inspections ended in 2015 when I advised Corporate in w...
Undoubtedly, one of the most volatile stocks recently has been Rite Aid Corporation ( RAD ). Between concerns about the company's ability to survive long-term on its own and optimism surrounding recent financial performance and expectations for its next fiscal year, it has been all over the ...
This article was selected to be shared with Seeking Alpha PRO+ Short Ideas subscribers - find out more here . Rocket to Nowhere Rite Aid ( RAD ) remains a sell. There's nothing like an explosion in earnings to rocket a stock price higher, but in the case of RAD's recent price arc, it'...
The opioid epidemic in the United States is a massive mess. Over 200,000 people have died from overdoses of prescription narcotics over the last 20 years, according to The Washington Post. Federal, state, and local governments have spent a lot of money dealing with opioid addiction. All the...
It's been a rough start to 2019 for Rite Aid ( RAD ), with the stock down 20% in just four days, and 50% from its Christmas highs. This is a massive underperformance vs. the S&P 500's ( SPY ) 1% return, but it should not be surprising in the slightest. Stocks do not grow to the sky, n...
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 ...
News, Short Squeeze, Breakout and More Instantly...
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...