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CVS Shrugs Off $2 Billion In Cigarette Sale Losses
Monday, August 11, 2014 - 8:25am | 481In February of this year, CVS Caremark Corp. (NYSE: CVS) made headlines –- and acclaim from anti-smoking activists –- when it announced the company would phase out the sale of cigarettes, cigars and chewing tobacco in more than 7,600 drugstores by October 2014. Investors worried the...
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Now Is The Right Time To Buy Rite Aid
Wednesday, July 2, 2014 - 4:04pm | 640On Wednesday afternoon, Rite Aid (NYSE: RAD) presented a nice swing-trading opportunity with an excellent set-up. Consumer staples stocks pulled back a bit through June, offering good entry points to get into some up-trending stocks. RAD has followed suit, and looks like a no-brainer buy at...
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Walgreens To Close Stores After Dip In Second Quarter Profits
Tuesday, March 25, 2014 - 3:59pm | 526Walgreens (NYSE: WAG), the nation's largest drug store chain, says it will close 76 of its stores during the second half of fiscal 2014 as a cost-cutting measure, following a weaker-than-expected second quarter earnings report. The company announced its second quarter net earnings at $754...