Drug Retail

Shares of Rite Aid Corp. (NYSE: RAD) are lower on the session by 2.17%, currently trading at $0.931. The stock has been moving largely lower over the past four months, off from recent highs near $1.74. Options traders are buying calls on the name today. The January 2011 $2.50 call was purchased 1,...

U.S. drugstore chain, and a stock that I have recently added to, Walgreen (WAG) has just raised their quarterly dividend 27.3% to $0.175 / share. "This increase reinforces our commitment to provide meaningful returns to our shareholders and extends our track record of annual dividend growth" said...

Walgreen's (NYSE: WAG) Increases Quarterly Dividend From 55c to 70c

About a week ago as you probably are aware the 50 DMA of the S&P 500 crossed below the 200 DMA. While the importance of this has been debated, if the market is on its way to down a lot then the crossover serves as a confirmation of the 200 DMA breach from a couple of weeks ago. As of Friday's...

Stocks rallied sharply on Wednesday, building on to Tuesday’s modest gains, as a better-than-expected earnings outlook from State Street fueled optimism about the approaching earnings season.  The Dow Jones industrial average rallied 275 points, closing above the 10,000 threshold for the first time...

Selective buying helped propel stocks higher Tuesday after seven days of losses, but the advance was tepid as concerns about the durability of the economic recovery kept sentiments jittery.  After recording hefty gains in the morning, markets slipped into the red in the afternoon as traders,...

Forbes columnist, Asher Hawkins, came out with an interesting article yesterday regarding the top ten companies most reliant on customer spending. These companies are in such financial straights that, if consumers do not continue to spend, they could be forced to shut their doors. While this may...

Shares of drugstore chain Rite Aid Corp (NYSE: RAD) slipped after the company reported a decline in its same stores sales for the month of June. The Camp Hill, Pennsylvania-based company posted a 2.5% fall in its same-store sales for the four weeks ended June 26. Rite Aid’s total sales dipped 3.3%...

I added to my position in the large US drugstore chain Walgreen (WAG) yesterday. I have held this position for a few years now and I saw the recent severe weakness in the stock as an opportunity to lower my adjusted cost base. Walgreen is down over 28% year to date versus 6.5% for the S&P 500...

Fears about the financial reform regulation and dour outlook from retailers sent stocks into a tailspin Thursday.  With unemployment still at a record high and consumer spending still wishy-washy, retailer’s weak forecasts were reflective of concerns that still weigh on the economy. A couple of...

Occasionally, investors shake the tree with a broad screen to see what securities fall to the ground. Today,I programmed a Standard and Poors Large Cap screen. The following large cap ($10-50b) securities have a four or five star S&P rating coupled with a low PE and PEG valuations. For brevity...

Walgreen (NYSE: WAG) and the CVS Caremark Corporation (NYSE: CVS), two pharmacy store giants, recently announced a multi-year, mutual agreement, settling their June 7 quarrel and allowing the former to participate in CVS’s pharmacy benefit management. Teresa Rivas at Barron’s expressed that this...

WSI Industries Inc (NASDAQ: WSCI) soared 16.66% to $2.31 by 10:00 am. WSCI reported a rise in its Q3 earnings, as compared to the earnings in the year-ago period. Hallador Energy Company (NASDAQ: HNRG) climbed 15.39% to $12.97. HNRG’s trailing-twelve-month operating margin is 31.90%. Hawk...