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480 nonprofit organizations will each receive $10,000 grants for programs benefiting healthier, more equitable neighborhoods As philanthropists across the world showcase the power of generosity on Giving Tuesday, The Rite Aid Foundation is celebrating nearly 500 local nonpro...
Rite Aid Corp. (NYSE:RAD) rose 5.3% after a report that the company trading near a 52-week low could be a good target for an activist. Rite Aid's underperformance relative to bigger competitors Walgreens Boots (NASDAQ:WBA) and CVS Corp. (NYSE:CVS) could make it a target for an activist i...
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...
Rite Aid's stock price has dropped over 60% from this year's high. The company is expecting to report a loss of $3.54-$3.97 per share this year. Total long-term debt is 6.2 times this year's midpoint EBITDA guidance. Front-end operations continue to be a major problem. F...
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...
A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions. Companies are increasingly taking actionable steps in tracking and reporting ESG standards to achieve long-term success. The long-term, broader goal is to help kee...
On November 2, 2021, the Centers for Disease Control and Prevention (CDC) concurred with previous recommendations made by the Food and Drug Administration (FDA) and the Advisory Committee on Immunization Practices (ACIP), officially authorizing the emergency use of the Pfizer-BioNTech C...
Investor interest in Naked Wines (OTCQX:NWINF), HCW Biologics (NASDAQ:HCWB) and cryptocurrency Shiba Inu (SHIB-USD) is surging, an analysis of SA readers' additions and subtractions to their portfolios over the past week shows. Readers also added a host of recent IPO stocks to their port...
Rite Aid (RAD +3.1%) has settled with the Department of Justice and will make its online COVID-19 vaccine registration portal more accessible to those with disabilities. Prior to the agreement, the website did not fully conform to the Web Content Accessibility Guidelines. DOJ said some of the...
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 30 th ...
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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...