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1 min read

Rite Aid says it plans to close 63 stores — and will likely find even more to close in the coming months

Rite Aid CEO Heyward Donigan said she planned to move away from traditional in-store pharmacies tow…

Allana Akhtar   


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2 mins read

Rite Aid plummets 25% after Deutsche Bank slashes price target to $1 as COVID-19 'hastens the decline' of the company's retail pharmacy business

Deutsche Bank said Rite Aid's upcoming 2023 guidance for annual adjusted EBITDA may be unattainable.

Carla Mozée   


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Rite Aid plunges 22% after cutting its full-year forecast as the drugstore chain saw fewer people getting colds and coughs

As a result of physical distancing and face masks, Rite Aid said it saw a decline of nearly 37% in …

Shalini Nagarajan   


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3 mins read

Top stocks to watch— Tata Consumer, TCS, GAIL, Divi's Laboratories, SBI Life Insurance, ONGC, M&M, RITES and others

The Indian stock market is likely to open in green on Friday, amid positive cues from the global ma…

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2 mins read

Top stocks to watch— Future Group, IRCTC, RITES, SBI, Bank of India, PNB and more

Indian stock market is likely to open on a tepid note, tracking subdued cues from Asian peers. At 7…

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2 mins read

Top stocks to watch — Vedanta, Wipro, RITES, Mazagon Dock, UTI AMC, Glenmark Pharma, and others

Amidst positive cues from the Asian markets, the Indian stock market is likely to open in green. Th…

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3 mins read

Top stock movers — Gulf Oil, Tata Metaliks, Future Group, HCL Tech, Repco Home Finance, PNB and more

Indian stock market index Sensex and Nifty opened on a cautious note tracking weak cues from Asian …

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1 min read

RITES OFS opens on bourses; stock slumps 5 pc

The government is selling 5 per cent stake in the company, with an option to retain an over subscr…

PTI   


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2 mins read

Pharmacy stocks are getting Amazon'd as the consumer giant pushes into online prescription drugs — and CVS and Walgreens are tanking

Amazon's foray into prescription drugs has been in the works for some time, hinted at by its acquis…

Matthew Fox   


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3 mins read

Top stock movers — TCS, Vodafone Idea, Adani Ports, Larsen & Toubro, Sterling and Wilson Solar and more

Indian stock market index Sensex jumped nearly 200 points in early trade on Friday tracking gains i…

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3 mins read

Top stock movers —ITC, Future Retail, Vedanta, Wipro, Premier Explosives, Shilpa Medicare and more

Indian stock market indices Sensex rallied nearly 400 points in opening trade on Monday, led by gai…

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2 mins read

Amazon's new digital pharmacy is a trillion-dollar opportunity that the company needs to sustain current growth levels, a Wall Street senior analyst says

D.A. Davidson's Tom Forte told Bloomberg that Amazon's collective healthcare efforts will noticeabl…

Emily Graffeo   


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2 mins read

Mazagon Dock Shipbuilders shares list at 49% premium over the issue price

The ₹444 crore initial public offering of the state-owned defence firm Mazagon Dock Shipbuilders ma…

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2 mins read

Meme-stocks make a comeback after Tupperware and bankrupt Yellow see shares jump more than 800%

Both rallies have occurred on little fundamental news, and instead appear to have been partly drive…

Matthew Fox   


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1 min read

Walgreens and Rite Aid are cutting their deal price - and Rite Aid's stock is dropping

That follows an earlier missed deadline in October 2016. A report from the New York Post at that ti…

Portia Crowe