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Katy L. Pack/iStock via Getty Images Johnson & Johnson ([[JNJ]] +0.6%) along with three major U.S. drug distributors have reached a $26B settlement with a group of state attorneys general over claims that they helped fuel the nation’s opioid crisis. Under the proposed deal, JNJ is ...
KLH49/iStock via Getty Images McKesson ([[MCK]] +5.5%), Cardinal Health ([[CAH]] +6.0%) and AmerisourceBergen ([[ABC]] +5.7%) have agreed to pay up to $1.2B to resolve claims by New York state and two of its counties over their role in fueling a nationwide opioid epidemic, Reuters r...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
jetcityimage/iStock Editorial via Getty Images Drug store chains Walgreens Boots Alliance ([[WBA]] +0.1%), Rite Aid ([[RAD]] -3.5%), and CVS Health ([[CVS]] +0.0%), as well as Walmart ([[WMT]] +0.6%) have agreed to collectively pay $26M to settle claims by two New York counties that they cont...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Po...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. Welcome to the dog days of summer! After a robust slate of corporate earnings reports over the past two months, thin...
The retail sector was among the hardest hit by the COVID-19 pandemic, but one subsection emerged relatively unscathed: pharmacies. According to a report from foot traffic analytics firm Placer.ai, the pharmacy sector is now showing strong growth. Significant growth in May The CO...
Biggest Earnings Reports Earnings haven’t been at the forefront of investors’ minds but there were still a few reports worth mentioning. Nike (NYSE: NKE) did not only just ‘DO IT’, it rocked its fiscal fourth quarter earnings report, causing its shares to sur...
Choppy results of late certainly have been affected by the novel coronavirus pandemic — but the core problem with RAD stock still holds. Earnings simply have to grow from current levels, and that in turn requires revenue growth that can offset persistent pressures across the bu...
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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...