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Shares of Bio-Rad Laboratories Inc. BIO tumbled 17.5% toward their worst day in 36 years, after the maker of products for the life science research and clinical diagnostics markets reported first-quar
Zacks Retail Pharmacy and Drugstore industry players like CVS, WBA and RAD are likely to gain on the strength of their digital pharmacies.

Rite Aid Stock Suffers Post-Earnings Slide

10:31am, Thursday, 20'th Apr 2023
Rite Aid Corp (NYSE:RAD) stock is down 9.3% to trade at $2.15 at last glance, after the company's wider-than-expected first-quarter losses of $1.24 per share.
Rite Aid (RAD) came out with a quarterly loss of $1.24 per share versus the Zacks Consensus Estimate of a loss of $0.77. This compares to loss of $1.63 per share a year ago.
Rite Aid reported a quarterly loss of more than $241 million as the struggling drugstore chain suffers from a loss of revenue from store closures on top of the loss of COVID-19 vaccine and testing sal
Rite Aid Corp. RAD, -5.95% stock dropped 7% in premarket trades after the drug store chain reported a wider-than-expected loss and issued guidance that fell short of estimates. Rite Aid said it lost $
Higher non-COVID prescriptions, strength in PBM and delivery service expansion are likely to have impacted Rite Aid's (RAD) Q4 performance amid sluggishness in Retail Pharmacy and Pharmacy Services.

Best Pharmacy Stock to Buy Right Now

08:15am, Wednesday, 05'th Apr 2023
CVS is the only one of the three main pharmacy chains that grew revenue in 2022. Walgreens Boots Alliance has the highest-yielding dividend of the three.

Top 5 Defensive Stocks That Are Set To Fly

07:37am, Friday, 24'th Mar 2023
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) will release financial results for its Fiscal 2023 Fourth Quarter, which ended March 4, 2023, on Thursday, April 20, 2023. The company w
Amazon has apparently added another retailer to its stable of home-delivery partners. The eCommerce giant has teamed up with pharmacy chain Rite Aid to offer two-hour delivery to Amazon Prime members
The U.S. Justice Department said Rite Aid “dispensed controlled substances in violation of the False Claims Act and the Controlled Substances Act.”
“These practices opened the floodgates for millions of opioid pills and other controlled substances to flow illegally out of Rite Aid's stores,” on DOJ official said.

US sues Rite Aid for missing opioid red flags

07:39pm, Monday, 13'th Mar 2023
The US government on Monday sued Rite Aid Corp, accusing the pharmacy chain of missing "red flags" as it illegally filled hundreds of thousands of prescriptions for controlled substances, including op
Drugstore chain Rite Aid Corp. fueled the nation's opioid crisis for several years by knowingly filling hundreds of thousands of illegal prescriptions for drugs like oxycodone and fentanyl, the U.S. a
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