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Rite Aid's Slow but Steady Comps - Analyst Blog
Friday, January 28, 2011 - 2:16pm | 633Leading drugstore chain operator Rite Aid Corp. (RAD) reported growth of 1.1% in same-store sales for the four weeks ended January 22, 2011. The company reported two consecutive months of same-store sales increase after 18 consecutive months of decline ever since May 2009, when it had registered...
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Goldman Has Buy On CVS (CVS)
Friday, January 28, 2011 - 7:59am | 272Goldman Sachs has a Buy rating and a $42 price target on shares of CVS Caremark Corporation (NYSE: CVS). In a note to clients, Goldman writes, "When CVS reports earnings on February 3rd, we expect the focus will be on the path through a choppy 2011 to a big payout in 2012. We advocate owning this...
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What's Hot on the Street
Thursday, January 27, 2011 - 12:56pm | 363Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet S&P Touches 1300, Dow Past 12,000 Stocks advanced Thursday as the S&P 500 touched the 1,300 level and the Dow Jones Industrial Average passed the 12,000 mark for the second consecutive session. Pending-...
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Rite Aid January Same Store Sales up 1.1%
Thursday, January 27, 2011 - 8:41am | 111Rite Aid Corporation (NYSE: RAD) today announced sales results for January. For the four weeks ended January 22, 2011, same store sales increased 1.1 percent over the prior-year period. Front-end same store sales increased 2.2 percent while pharmacy same store sales, which included an approximate...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, January 26, 2011 - 8:31am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: A-Power Energy Generation Systems (APWR) Addus HomeCare Corp (ADUS) Amer Caresource Holdings (ANCI) China Nepstar Chain Drugstore (NPD) Compass Diversified Holdings (CODI) View the entire Zacks #5 Rank List. ADDUS HOMECARE...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, January 26, 2011 - 8:14am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: A-Power Energy Generation Systems (APWR) Addus HomeCare Corp (ADUS) Amer Caresource Holdings (ANCI) China Nepstar Chain Drugstore (NPD) Compass Diversified Holdings (CODI) View the entire Zacks #5 Rank List. ADDUS HOMECARE...
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CVS Caremark Announces Next Stage of CEO Succession Plan
Monday, January 24, 2011 - 8:33am | 88CVS Caremark Corporation (NYSE: CVS) today announced the next stage of its transition plan outlined during its Annual Shareholders meeting last year. After the successful transition of day-to-day responsibilities for the company's retail operations earlier this month, the company has announced that...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, January 24, 2011 - 8:31am | 332Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: A-Power Energy (APWR) AsiaInfo-Linkage Inc (ASIA) Michael Baker Corp (BKR) Charm Comm Inc (CHRM) China Nepstar (NPD) View the entire Zacks #5 Rank List. A-POWER ENERGY (APWR): Free Stock Analysis Report ASIAINFO-LINKAG (...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, January 24, 2011 - 8:14am | 339Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: A-Power Energy (APWR) AsiaInfo-Linkage Inc (ASIA) Michael Baker Corp (BKR) Charm Comm Inc (CHRM) China Nepstar (NPD) View the entire Zacks #5 Rank List. A-POWER ENERGY (APWR): Free Stock Analysis Report ASIAINFO-LINKAG (...
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Walgreen Company (WAG) - Bull of the Day
Monday, January 24, 2011 - 2:01am | 189Walgreen Co. (WAG) reported an EPS of $0.62 in the first quarter of fiscal 2011, well above both the Zacks Consensus Estimate of $0.54 and the year-ago quarter's $0.49. The company's strategy of slow-paced store expansion along with operating expertise has made it a leader in the retail drug store...
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Walgreen Company (WAG) - Bull of the Day
Monday, January 24, 2011 - 12:00am | 189Walgreen Co. (WAG) reported an EPS of $0.62 in the first quarter of fiscal 2011, well above both the Zacks Consensus Estimate of $0.54 and the year-ago quarter's $0.49. The company's strategy of slow-paced store expansion along with operating expertise has made it a leader in the retail drug store...
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Walgreen Upgraded to Outperform - Analyst Blog
Friday, January 21, 2011 - 4:31pm | 584Recently, we upgraded Walgreen (WAG) to Outperform with a target price of $50.00. Walgreen's first quarter fiscal 2011 results have been encouraging despite the current economic uncertainty, which is having an impact on discretionary spending and reimbursement issues. Revenues rose 6% year over...
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Walgreen Upgraded to Outperform - Analyst Blog
Friday, January 21, 2011 - 3:50pm | 584Recently, we upgraded Walgreen (WAG) to Outperform with a target price of $50.00. Walgreen's first quarter fiscal 2011 results have been encouraging despite the current economic uncertainty, which is having an impact on discretionary spending and reimbursement issues. Revenues rose 6% year over...
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Benzinga's Top Upgrades (SHAW, KMX, WAG, INFY)
Friday, January 21, 2011 - 8:18am | 130Shaw Group Inc (The) (NYSE: SHAW) was upgraded by RW Baird from "neutral" to "outperform." SHAW's shares closed at $38.67 yesterday. Shaw's trailing-twelve-month revenue is $6.68 billion. Credit Suisse upgrade CarMax Inc (NYSE: KMX) from "neutral" to "outperform.” KMX's shares closed at $31.90...
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Drug Retailers Targeting Flu Season - Analyst Blog
Wednesday, January 19, 2011 - 3:01pm | 456Although the severe H1N1 alarm will not mark this year's flu season, drug retailers such as Walgreen (WAG) and CVS Caremark Corporation (CVS) are gearing up to tackle this year's flu season. Walgreen's is preparing to provide flu shots to more customers and has also increased advertising to meet...