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Walgreen Posts Upbeat FQ4 Results
Tuesday, September 28, 2010 - 7:49am | 310Walgreen Co (NYSE: WAG) reported better-than-expected results for the fiscal fourth-quarter. WAG posted its FQ4 earnings at $470 million, or $0.49 per share, up from $436 million, or $0.44 per share, in the year-ago quarter. The company's revenue came in at $16.9 billion, up from $15.7 billion, in...
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Walgreens Expects Earnings to Increase
Tuesday, September 28, 2010 - 6:50am | 120Walgreens (NYSE: WAG) President and CEO Greg Wasson stated earlier today: “Fiscal 2010 was highlighted by accelerating execution on our core strategies and an ability to leverage our financial flexibility to capture growth opportunities including our acquisition of Duane Reade,” said Wasson. “We...
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US Stock Futures Move Up Slightly As Investors Await Data Reports
Tuesday, September 28, 2010 - 6:06am | 232US stock futures moved up slightly, with investors eagerly awaiting data on house prices and consumer confidence. Futures on the Dow Jones Industrial Average rose 33 points to 10,783. S&P 500 futures added 1.60 points to 1,139.30, while Nasdaq 100 futures gained 7.25 points to 2,015. The blue-...
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Earnings Scheduled For September 28 (WAG, ZZ, LNDC, SMSC, MLNK, NBG)
Tuesday, September 28, 2010 - 3:38am | 144Walgreen Company (NYSE: WAG) may post its FQ4 EPS at $0.44. Sealy Corp (NYSE: ZZ) is likely to earn $0.05 per share in the third quarter. Landec Corp (NASDAQ: LNDC) is expected to post its Q1 EPS at $0.09. Standard Microsystems Corp (NASDAQ: SMSC) is estimated to report its Q2 earnings of $0.41 per...
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Stocks To Watch For September 28 (WAG, JBL, ZZ, PAYX, RIMM, AAPL)
Tuesday, September 28, 2010 - 3:27am | 279Some of the stocks that may grab the investor focus today are: Wall Street expects Walgreen Company (NYSE: WAG) to post its FQ4 EPS at $0.44. WAG's shares rose 0.23% to $30.42 in after-hours trading. Jabil Circuit Inc (NYSE: JBL) reported its Q4 profit at $0.27 per share, up from $0.03 per share,...
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Options Action Takes Off in U.S. Airways (LCC), AMR Corp. (AMR)
Monday, September 27, 2010 - 3:50pm | 1511Airline stocks were active on the OptionsHouse Hotlist today, perhaps due to a big merger announcement in the sector. Southwest Airlines (NYSE:LUV) announced plans to acquire AirTran Holdings (NYSE:AAI) for $7.69 per share, or about $1.4 billion overall in cash and stock. This is a premium of...
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Week in Preview: Earnings Expectations for Walgreen, Family Dollar, Jabil Circuit
Monday, September 27, 2010 - 8:29am | 564One of the most prominent quarterly reports scheduled this week, as the quarter winds down, comes from Walgreen (NYSE: WAG). Analysts surveyed by Thomson Reuters are looking for the drugstore chain operator to report Tuesday that its fiscal fourth-quarter earnings were about the same as a year ago...
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Rite Aid Sold on Q2 News
Friday, September 24, 2010 - 8:29am | 136Rite Aid's (NYSE: RAD) sell-off Thursday was almost comical. Sometimes you've just got to laugh when a stock that's trading around a dollar suddenly drops over 13%. That's exactly what the drugstore's shares did by the end of the day's regular session. It finished at a quote of 95 cents. And, as...
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Mad Money Lightning Round: Cramer Likes American Superconductor, Advises Investors To Sell Walgreens (AMSC, USG, AEM, EGO, WFR, WAG)
Friday, September 24, 2010 - 6:28am | 163On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers American Superconductor (NASDAQ: AMSC) as a terrific stock with marvelous technology. He adds, “I like it." For USG Corp (NYSE: USG), he said, “I'm not going to go there with Agnico-Eagle Mines (NYSE: AEM) and...
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Afternoon Market Update (RAD, XOM, CVX)
Thursday, September 23, 2010 - 11:30am | 180Shares of Rite Aid (NYSE: RAD) tumbled about 14% after the company raised its FY11 loss projections and reduced its guidance for sales at stores open for a year. The company had reported a wider loss for the second quarter. Natural-gas futures moved up after the Energy Information Administration (...
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Rite Aid Widens Q2 Loss, Reports 1.5% Decline In Same-Store Sales
Thursday, September 23, 2010 - 8:22am | 236Rite Aid Corp (NYSE: RAD) reported a higher-than-expected loss for the second quarter. RAD posted its Q2 loss at $199.3 million, or $0.23 per share, as compared to a loss of $120.4 million, or $0.14 per share, in the year-ago quarter. The company's revenue came in at $6.16 billion, down from $6.32...
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Rite Aid Posts Q2 Loss
Thursday, September 23, 2010 - 6:46am | 58Rite Aid Corporation (NYSE: RAD) reports Q2 loss at $0.18 per share, versus the expected loss of $0.17 per share. RAD reports its Q2 revenue at $6.16 billion, versus the consensus of $6.21 billion. RAD's shares gained 4.55% to $1.15 in after-hours trading. Read more from Benzinga's Markets.
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Rite Aid Revises 2011 Outlook, Expects $0.46 to $0.67 Loss per Share
Thursday, September 23, 2010 - 6:37am | 118Rite Aid (NYSE: RAD) revised its fiscal 2011 outlook for sales, Adjusted EBITDA and net loss. Sales are now expected to be between $25.0 billion and $25.4 billion with same store sales expected to range from a decrease of 1.5 percent to flat. Adjusted EBITDA is expected to be between $875 million...
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Rite Aid Reports Second Quarter 2011 Results
Thursday, September 23, 2010 - 6:34am | 92Rite Aid Corporation (NYSE: RAD) today reported financial results for its fiscal second quarter ended August 28, 2010. --Second Quarter Net Loss of $0.23 per Diluted Share, Including $0.05 per Diluted Share due to Refinancing Costs, Compared to Prior Second Quarter Net Loss of $0.14 per Diluted...
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Earnings Scheduled For September 23 (NKE, MTN, TIBX, TXI, CMTL, SPEC, FINL, SCHL, NEOG, SABA, PKE, RAD)
Thursday, September 23, 2010 - 4:03am | 273Nike Inc (NYSE: NKE) may report its Q1 earnings of $1.01 per share. Vail Resorts (NYSE: MTN) is expected report a Q4 loss of $1.09 per share. Tibco Software Inc (NASDAQ: TIBX) is projected to report its Q3 earnings of $0.15 per share. Texas Industries Inc (NYSE: TXI) is likely to post a Q1 loss...