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The markets saw a return to volatility this week after mixed economic news, but David Cohne believes additional stimulus and accommodative Fed policy will lead to further upside. He is specifically bullish on pharmacy stocks such as CVS Health Corporation (CVS), Rite Aid Corporation (RAD), an...
Walgreens is a major pharmaceutical retailer that provides therapeutic, health, and beauty products globally that has recently experienced declines from the global healthcare crisis over the last year. However, Walgreens is expected to see strong recovery due to its store expansions, ...
Rite Aid ([[RAD]] -1.4%) is expanding its no-charge COVID-19 testing capabilities with 60 additional drive-through locations opening later this week, through its partnership with the U.S. Department of Health and Human Services ((HHS)).The new locations will increase Rite Aid's capacity ...
Self-Swab Testing Now Available for Ages Four and Older Rite Aid (NYSE: RAD) is further expanding its no-charge COVID-19 testing capabilities with 60 additional drive-through locations opening on Friday, January 22, through its partnership with the U.S. Department of Health ...
The following slide deck was published by Rite Aid Corporation in conjunction with this event. For further details see: Rite Aid (RAD) Presents At 39th Annual JPMorgan Virtual Healthcare Conference - Slideshow
Rite Aid Corporation (RAD) 39th Annual JPMorgan Healthcare Conference Call January 11, 2021 11:40 ET Company Participants Heyward Donigan - Chief Executive Officer Jim Peters - Chief Operating Officer Matt Schroeder - Chief Financial Officer Conference Call Participants Lisa Gill - JPMorgan P...
Rite Aid Corporation (NYSE: RAD) announced today that Heyward Donigan, president and chief executive officer; Jim Peters, chief operating officer and Matt Schroeder, executive vice president and chief financial officer will participate in a fireside chat with investors at the 39 th ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Stimulus confusionThought the latest edition of coronavirus stimulus was a done deal? Guess again. In a surprise video announcement, President Trump called...
In partnership with the government's Department of Health and Human Services (HHS), Rite Aid (NYSE: RAD) is increasing the number of drive-thru locations where individuals can get free tests for the coronavirus. In a press release, the big pharmacy chain said 99 new locations would ...
Rite Aid's turnaround plan revolves around enhancing the in-store customer experience, which previous company executives and other retailers have already tried and failed. The income statement is plagued by unusual, non-recurring impairment and restructuring charges that cloud the pic...
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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...