Rite Aid Corporation

1-10 of 35 results

Large writedown almost doubles Rite Aid 4Q loss

AP News 16 days ago

<div id="subtitle">Rite Aid posts larger 4th-qtr loss after $1.81 billion write-down; plans to close 117 stores</div><div><p>After Rite Aid Corp.'s loss doubled in the the fiscal fourth quarter, the drugstore operator is planning to shut down as many as 117 stores over the ...

Rite Aid pays $5 million in fines in drug case

AP Features 17 days ago

<div><p>Pharmacy chain Rite Aid Corp. and subsidiaries in eight states will pay $5 million in penalties for violating rules designed to control drugs prone to abuse.</p><p>The Justice Department said Monday that the nationwide drugstore operator also has agreed to a new compliance ...

Weak Walgreen sales may prompt analyst reviews

Reuters US Online Report Business News 17 days ago

CHICAGO (Reuters) - Top U.S. drugstore chain Walgreen Co <WAG.N> is expected to post a third month of weak sales when it issues February data on Wednesday, which could put pressure on its shares and lead some analysts to review their profit ...

Rite Aid 3Q loss nearly triples on store closures

AP News 18 days ago

<div id="subtitle">Rite Aid cuts outlook, says 3rd-quarter loss swelled due to costs of closing stores</div><div><p>Drugstore operator Rite Aid Corp. said Thursday its loss nearly tripled in its third quarter because of costs to close stores and continuing struggles for its Brooks Eckerd ...

Food and drug retail stocks a better buy in 2008

AP News 19 days ago

<div id="subtitle">Food and drug retailer shares fell in 2008, but consumers' need for staples mitigated slide</div><div><p>Shares of grocery and drug retailers fell in 2008, but not as much as the broader market, as shoppers spent what little money they did have on ...

Rite Aid 2Q loss doubles on Eckerd struggles

AP News 19 days ago

<div id="subtitle">Rite Aid replaces execs after taking larger 2nd-qtr loss and paring outlook on Eckerd woes</div><div><p>Drugstore operator Rite Aid shook up its management ranks Thursday after posting a higher second-quarter loss because of disappointing results at stores acquired from Brooks Eckerd and ...

Diabetes Drug Varies Widely In Price

consumeraffairs.com 21 days ago

&lt;div id="subtitle"&gt;Research shows prescription costs differ from store to store&lt;/div&gt;&lt;div&gt;&lt;p&gt;Part of the rising cost of health care is the price of prescription medicine, which can be just pennies a pill for a generic drug to hundreds of dollars per pill for some ...

Rite Aid pares 1Q loss and reduces spending

AP News 21 days ago

<div id="subtitle">Rite Aid posts smaller-than-expected loss in 1st quarter on lower costs, but trims estimates</div><div><p>Drugstore operator Rite Aid Corp. said Wednesday it narrowed its fiscal first-quarter loss by closing stores and trimming costs, and making progress as it works to eliminate $6 ...

Elan, NRG Energy, Boeing are big movers

AP News 21 days ago

<div id="subtitle">Elan, NRG Energy, Boeing, TiVo, Rite Aid are among big market movers Thursday</div><div><p>Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:</p><p>NYSE:</p><p>Elan Corp ...

CVS Caremark posts higher profit, raises view

Reuters US Online Report Business News 21 days ago

<div><p>CHICAGO (Reuters) - CVS Caremark Corp &lt;CVS.N&gt; posted a bigger-than-expected jump in quarterly profit on Tuesday, aided by new stores and increased demand as consumers bought Easter treats and products to combat the H1N1 flu.</p><p>The drugstore operator and pharmacy benefit manager also ...

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