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Oracle And Rite Aid Highlight Quiet Earnings Week
Sunday, September 13, 2015 - 12:50pm | 802A couple of retailers and two software giants, as well as an ostensible bellwether of the U.S. economy, will highlight an otherwise quiet week on the earnings front. Wall Street analysts by and large expect to see sharp drops in earnings when Ascena Retail Group Inc (NASDAQ: ASNA) and Rite Aid...
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Why This Street Veteran Says Rite Aid Is 'So Interesting'
Wednesday, June 17, 2015 - 8:45am | 432Jill Malandrino was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. TheStreet's Options Profits Product Development Manager Jill Malandrino said on Tuesday's #PreMarket Prep that Rite Aid Corporation (NYSE: RAD) is "so...
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Oracle, Rite Aid & FedEx Highlight Quiet Earnings Week
Sunday, June 14, 2015 - 11:07am | 773Things will be pretty quiet on the earnings front again this week as we wait for the new season to begin. However, a few household names will be taking their turns the spotlight. If the consensus forecasts of Wall Street analysts prove correct, then FedEx Corporation (NYSE: FDX) and Kroger Co (NYSE...
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JPMorgan Is Bullish On Rite Aid Before Earnings (Even After Disappointing March Sales)
Tuesday, April 7, 2015 - 1:12pm | 198In a report published Monday, JPMorgan analyst Lisa Gill upgraded shares of Rite Aid Corporation (NYSE: RAD) to Overweight from Not Rated with a $10 price target ahead of its fourth quarter results on Wednesday. Gill noted that Rite Aid's fourth quarter report will remain "somewhat...
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It's Back: Alcoa Kicks Off The Unofficial Start To Earnings Season
Sunday, April 5, 2015 - 11:37am | 999The first-quarter earnings season gets underway as Alcoa Inc (NYSE: AA) steps into the spotlight Wednesday. It may not be quite the bellwether it was as part of the Dow, but if Wall Street's expectations for Alcoa earnings are still any sign of things to come, the first quarter may be off to...
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Earnings Expectations For The Week Of December 15: BlackBerry, Nike And More
Sunday, December 14, 2014 - 7:26pm | 927The quarter may be winding down and the holiday season may be upon us, but there will still be plenty on the earnings front this week for investors to mull over. Highlights will include quarterly reports from FedEx Corporation (NYSE: FDX), Nike Inc (NYSE: NKE) and Rite Aid Corporation (NYSE: RAD...
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Weekly Highlights: Apple Vs. Retailers, Hewlett-Packard Innovation And More
Saturday, November 1, 2014 - 1:30pm | 145Apple Inc. (NASDAQ:AAPL) had a good launch for its mobile payment service, but there were a couple of retailers that decided to ban the service (and other forms of NFC) anyway. Elsewhere in technology, Hewlett-Packard Company (NYSE: HPQ) introduced an innovative PC for creative professionals...
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Rite Aid, CVS Unlikely To Win War Against Apple
Wednesday, October 29, 2014 - 12:54pm | 987CVS Health Corp and Rite Aid Corporation (NYSE: RAD) surprised consumers when they announced they would no longer accept Apple Inc.'s (NASDAQ: AAPL) new mobile payment solution. This unexpected move appears to be tied to CurrentC, an upcoming payment solution that numerous retailers are...
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Markets Virtually Flat, Oil Continues To Decline Following Bearish Outlook
Monday, October 27, 2014 - 4:58pm | 1622U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...
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Drug Retailers Block Apple Pay, Rival Product May Be Introduced
Monday, October 27, 2014 - 9:01am | 282Drug retailers Rite Aid Corporation (NYSE: RAD) and CVS Health Corp (NYSE: CVS) will not offer customers the opportunity to pay for purchases with Apple Inc.'s (NASDAQ: AAPL) mobile wallet system, Apple Pay. According to the New York Times, the move to block out Apple Pay is due...
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Earnings Expectations For The Week Of September 15
Sunday, September 14, 2014 - 4:15pm | 967Ostensible economic bellwether FedEx (NYSE: FDX) is scheduled to step into the earnings spotlight midweek, and the consensus forecast calls for earnings growth. Analysts are also looking for earnings growth from homebuilder Lennar (NYSE: LEN), tech giant Oracle (NYSE: ORCL) and retailer Rite...
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Rite Aid July Sales Metrics Mostly Improved From June
Thursday, July 31, 2014 - 11:46am | 166Rite Aid (NYSE: RAD) reported its sales results for July. For the four weeks ended July 26, same-store sales rose 4.6 percent while front-end same-store-sales rose 1.5 percent. Pharmacy same-store sales rose six percent despite a 203 basis points negative impact from new generic introductions....
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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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Earnings Expectations For The Week Of June 16: FedEx, Oracle And More
Saturday, June 14, 2014 - 5:18pm | 820Scheduled quarterly reports from BlackBerry (NASDAQ: BBRY), FedEx (NYSE: FDX), Kroger (NYSE: KR), Oracle (NASDAQ: ORCL) and Rite Aid (NYSE: RAD) and will highlight the coming week on the earnings front. Analysts are looking for year-over-year growth on the top and bottom lines for all of them,...
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3 Retailers The Shorts Are Selling
Thursday, June 12, 2014 - 10:46am | 903Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Barnes & Noble (NYSE: BKS) and Sears Holdings (NASDAQ: SHLD) saw significant upswings in short interest between the May 15 and May 30 settlement dates. The number of shares sold short in Best Buy and J.C. Penney swelled more...