Rite Aid Q2 Adj. Loss Wider Than Estimates; Slashes FY23 Adj. Loss Outlook

Rite Aid Names Elizabeth Burr As Interim CEO; Reaffirms FY23 Outlook

Rite Aid Corp. (RAD) announced Monday that its Board of Directors has appointed Elizabeth Burr, a member of the Company's Board, as interim CEO, effective immediately. Burr's appointment follows Heyward Donigan's departure from the Company as President and CEO, and as a member of the Board.

RTTNews | 695 days ago

Rite Aid Boosts FY22 Revenues Outlook As Q1 Results Come Above Estimates

While reporting financial results for the first quarter of fiscal 2022 on Thursday, drugstore chain Rite Aid Corp. (RAD) raised it total revenue guidance for the full-year 2022, due to increased utilization of higher cost drugs at Elixir.

RTTNews | 895 days ago

Swiss Market Close Moderately Lower

The Switzerland market closed weak on Wednesday after languishing in the red right through the day's trading session, as investors looked for directional clues and made cautious moves.

RTTNews | 5h 53min ago

European Stocks Close Broadly Higher

European stocks closed broadly lower on Wednesday despite political uncertainty in France, and lingering concerns about geopolitical tensions. Investors also awaited some crucial economic data from the U.S. A report from the Organization for Economic Co-operation and Development (OECD) saying that the global economy will likely remain resilient helped underpin sentiment.

RTTNews | 6h 8min ago

ECB's Lagarde Says Eurozone Outlook Uncertain Amid Downside Risks

Euro area medium term economic outlook is uncertain, and growth is set to remain weak in the short term while inflation is expected temporarily rise, European Central Bank President Christine Lagarde said Wednesday.

RTTNews | 6h 15min ago

U.S. Factory Orders Rise In Line With Estimates In October

The Commerce Department released a report on Wednesday showing a modest increase by new orders for U.S. manufactured goods in the month of October. The report said factory orders rose by 0.2 percent in October after dipping by a revised 0.2 percent in September. Economists had expected factory orders to rise by 0.2 percent.

RTTNews | 8h 31min ago

U.S. Service Sector Growth Slows More Than Expected In November

A report released by the Institute for Supply Management on Wednesday showed U.S. service sector growth slowed by more than anticipated in the month of November. The ISM said its services PMI fell to 52.1 in November from 56.0 in October. While a reading above 50 still indicates growth, economists had expected the index to show a much more modest decrease to 55.5.

RTTNews | 8h 50min ago

U.S. Private Sector Job Growth Falls Modestly Short Of Estimates In November

A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of November. ADP said private sector employment climbed by 146,000 jobs in November after jumping by a downwardly revised 184,000 jobs in October.

RTTNews | 9h 22min ago

EURUSD	1.05261	GBPUSD	1.27049	AUDUSD	0.64409
USDJPY	150.312	USDCAD	1.40611	USDCHF	0.88362