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Wall Street's reaction to Rite Aid earnings was so negative that shares were down more than 10% after the report, even below the panic selling prices in August.
Rite Aid reported mixed second-quarter fiscal 2016 results before markets opened Thursday morning.
24/7 Wall St. has put together a preview of FedEx, Oracle and some of the other major companies reporting their quarterly results this week.
July is typically a transition month, with retailers clearing out summer inventory and stocking up with back-to-school items.
Rite Aid reported disappointing first-quarter fiscal 2016 results before markets opened Thursday morning due to acquisition costs.
Rite Aid is scheduled to report its fiscal first-quarter financial results before the markets open Thursday morning.
24/7 Wall St. has put together a preview of FedEx, Oracle and other companies reporting their quarterly results this week.
The true worth of Wall Street analysts is when they are on to something before it happens. Everybody can make a decision after the fact.
ThinkstockRite Aid Corp. (NYSE: RAD) is one of the nation’s leading drugstore chains, with nearly 4,600 stores in 31 states. It has been in the midst of a huge turnaround over the past few years....
Thursday's top analyst upgrades, downgrades and initiations include Chesapeake Energy, Rite Aid, Harley-Davidson, Toll Brothers and Transocean.
Some companies like to keep their investors updated on a month-to-month basis, tracking their sales. News from this can go one of two ways for the stock.
Wednesday's top analyst upgrades, downgrades and initiations include Ambarella, eBay, Rite Aid, TiVo, Yahoo, Valero Energy and Virtu Financial.
Some turnarounds have turned massively, some turnarounds have had starts and restarts, and some turnarounds have simply never been able to get going.
Retailers are announcing April U.S. same-store sales figures Thursday. Research firm Retail Metrics projected that overall sales would be flat year-over-year
A new research report from Cowen features three top stocks of companies that exceeded earnings estimates that the firm feels should be bought now.