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Rite Aid Corp

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  • Is Pent-Up Retail Demand About to Pop? Monday, 20 Jul 2009 | 10:37 AM ET

    Until last fall we were a nation that shopped until we dropped. Will back-to-school shopping season be a catalyst to get shoppers off the sidelines? An annual survey released today by Deloitte suggests the answer is yes.

  • Stocks Slide Amid Swine-Flu Fears; GM Soars Monday, 27 Apr 2009 | 5:39 PM ET

    Stocks bounced back from a swine flu-induced drop Monday as traders scooped up shares of drug makers and pharmacies.

  • Could Swine Flu Create Another Slowdown? Monday, 27 Apr 2009 | 9:38 AM ET

    Great. As if the bank stress test wasn't confusing enough, as if the auto restructuring wasn't enough uncertainty, now we have half of the trading community frantically Googling "Tamiflu" this morning. The concern is that swine flu this could create another slowdown in global travel just as we are trying to figure out a bottom. Commodities, airlines, and hotels are weak this morning.

  • Rite Aid Loss Doubles on Large Writedown Thursday, 2 Apr 2009 | 8:18 AM ET
    Customers walk around the exterior of the Rite Aid in Harrisburg, Pa., Thursday, Sept. 22, 2005. Rite Aid Corp. reported a second-quarter loss that reversed gains from a year ago. (AP Photo/Carolyn Kaster)

    Drugstore operator Rite Aid says its loss more than doubled in the fiscal fourth quarter after the company was forced to write off all its goodwill.

  • Thursday Look Ahead: Mark-to-Market, G20 and the ECB Wednesday, 1 Apr 2009 | 8:56 PM ET

    The fate of an important accounting rule will have a big impact on markets Thursday and beyond. It's not just any accounting rule. It's the highly controversial mark-to-market rule, criticized for the massive write downs in the banking industry.

  • Companies at Greatest Risk for Default Wednesday, 11 Mar 2009 | 4:43 PM ET
    In an economy plagued by tight credit markets, it is sometimes difficult to determine which companies can cover their debts, and which ones are in serious trouble. In Moody’s “U.S. Bottom Rung” report, the ratings agency lists the 283 speculative-grade, non-financial U.S. companies most at risk of default, up from 157 companies one year ago. Companies on the list have not defaulted, carry either a Probability of Default Rating of Caa1 or lower, a B3 with a negative rating outlook, or a B3 with a

    In Moody’s “U.S. Bottom Rung” report, the ratings agency lists the 283 speculative-grade, non-financial U.S. companies most at risk of default. Check out the list.

  • The New Sign Of The Times Friday, 20 Feb 2009 | 3:05 PM ET

    Stocks ticked up as White House Press Secretary Robert Gibbs has thrown some cold water on the bank nationalization rumors by saying that the U.S. “will continue to have” a private banking system.

  • Watching Santa Rally's Last Day Monday, 5 Jan 2009 | 10:05 AM ET

    We begin the "real" New Year with stocks at a 6-week high, and the S&P 500 24 percent above its November 20 low. Now let's see if we can change leadership: health care and consumer stocks have generally outperformed in the past few weeks, though recently industrial stocks have improved. A shift toward less defensive names would be a welcome development.

  • Dow Sheds Over 200 as GE, GM Drag Thursday, 18 Dec 2008 | 5:06 PM ET

    Stocks declined Thursday as worries about General Electric's credit and the fate of the auto industry weighed on the market.

  • Stocks Wobble After Philly Fed Report Thursday, 18 Dec 2008 | 1:39 PM ET

    U.S. stock index futures were mixed Thursday as the possibilty of global interest rates at zero increased and deals both broke down and reemerged.

  • Futures Gyrate, Mergers Off Thursday, 18 Dec 2008 | 5:59 AM ET

    U.S. stock index futures were mixed Thursday as the possibilty of global interest rates at zero increased and deals both broke down and reemerged.

  • Market Insider: Fed Gets Mixed Reviews Wednesday, 17 Dec 2008 | 8:56 PM ET

    Investors are still sorting out what the Fed's moves this week mean, but if you look at some corners of the credit markets, there are signs of thaw.

  • Market Insider: The Week Ahead Sunday, 14 Dec 2008 | 1:23 PM ET
    An interior view of the 2008 Cadillac CTS is shown at the North American International Auto Show in Detroit, Tuesday, Jan. 9, 2007. Whether on luxury cars or entry-level vehicles, consumers want to be delighted by an interior's extras, automotive industry executives and designers said this week at the auto show. The inside extras can run the gamut, from ambient or LED lighting to music-storing hard drives and USB ports in sound systems to pop-up navigation screens and cup holders that can heat o

    Stocks could chug higher this week, delivering that evasive Santa Claus rally, but it will all depend on whether investors are comfortable with the status of the auto-industry bailout. Plus, let's hope the Fed doesn't deliver any holiday surprises.

  • Dow Jumps 200 Points as Bailout Deal Nears Thursday, 25 Sep 2008 | 5:14 PM ET

    Stocks logged a 200-point gain amid news that lawmakers are close to reaching an agreement on a Wall Street bailout.

  • Stocks Soar as Congress Nears Bailout Agreement Thursday, 25 Sep 2008 | 4:00 PM ET

    Stocks shot up after a report that lawmakers are very close to reaching an agreement on a Wall Street bailout.

  • Bailout Hopes Boost Dow; GE Rebounds Thursday, 25 Sep 2008 | 1:02 PM ET

    Stocks rallied Thursday amid hopes that a bailout will get passed this week. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Stocks Rally Amid Hopes for Bailout Thursday, 25 Sep 2008 | 10:22 AM ET

    Stocks opened higher Thursday amid hopes that a bailout will get passed today. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Jobless, Durables Stats Clip Gains in Futures Thursday, 25 Sep 2008 | 9:26 AM ET

    Futures cut their gains in half after two economic reports — jobless claims and durable-goods orders — missed their targets and General Electric lowered its outlook. But they still pointed to a higher open for Wall Street as hopes for progress on the government's proposed bailout for the financial system grew, despite uncertainty about how the $700 billion plan would work.

  • Video: Maria Bartiromo's Market Message Wednesday, 24 Sep 2008 | 5:59 PM ET

    Maria Bartiromo discusses Wednesday's top business and financial stories, and looks ahead to tomorrow's events.

  • Nearly 1.7 billion shares and more than $18 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Check out the bets being made today...