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Fred's Is The Big Loser In The Rite Aid-Walgreens Deal
Thursday, June 29, 2017 - 8:19am | 420Walgreens Boots Alliance Inc (NASDAQ: WBA)'s proposed acquisition of smaller rival Rite Aid Corporation (NYSE: RAD) was unlikely to receive regulatory approval unless it were to divest hundreds of stores to ease competitive concerns. Fred's, Inc. (NASDAQ: FRED), a relatively small pharmacy...
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Kroger's Q4 Comps Looking Flat, But That's A Good Thing
Friday, January 20, 2017 - 12:39pm | 278Kroger Co (NYSE: KR) surprised the Street in early December, when it reported in-line third quarter earnings but lowered the upper-end of its adjusted earnings per share guidance for the full year lower. Kroger's stock has lost 9 percent over the past year and failed to participate in the...
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Rite Aid Tanks As Merger With Walgreens Said To Be Facing Antitrust Concerns
Friday, January 20, 2017 - 12:13pm | 381Shares of Rite Aid Corporation (NYSE: RAD) plunged lower by nearly 20 percent late Friday morning following a Bloomberg report that the company's proposed acquisition by Walgreens Boots Alliance Inc (NASDAQ: WBA) may be in jeopardy. As part of Walgreen's proposed acquisition of Rite Aid...