New York CNN — Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring…
Read more Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list | CNN BusinessNew York CNN — Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to…
Read more Rite Aid files for bankruptcy | CNN BusinessUsually, the announcement of a CEO change at a struggling company brings optimism and maybe even a stock pop. Not for Walgreens Boots Alliance Its shares have tumbled…
Read more Walgreens Is Looking for a New CEO. Why That Could Make the Stock a Winner.Shares of investment giant Blackstone Inc. and vacation-home rental platform Airbnb Inc. rallied after hours on Friday after both won the nod to join the S&P 500 index…
Read more Airbnb, Blackstone to join S&P 500, while Deere will replace Walgreens in S&P 100Rite Aid Corp. said Thursday that its fiscal first-quarter pharmacy sales got a boost from a new class of drug. Pharmacy sales, which rose 3.4% from a year…
Read more Ozempic and other weight-loss drugs boost pharmacy sales at Rite AidWhen is it a good time to buy stocks? Some investors would say the current negativity dominating the financial media means you are better off sitting on the…
Read more 8 value stocks that look like bargains for long-term investorsAfter a long period of underperformance when compared with the U.S. equity market, stocks in other countries are holding their own this year. One way to lower your…
Read more Buffett is buying in Japan. This overseas value-stock fund is also making bets there. Is it a good way to diversify?Data on the U.S. consumer and housing market, plus several notable earnings reports, will be this week’s highlights. Barring any surprises, federal financial regulators’ Congressional testimony will be…
Read more Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This WeekShares of Alibaba Group Holdings are higher following news that co-founder Jack Ma is ceding control of affiliate company Ant Group Co., potentially paving the way to revive…
Read more Alibaba shares rise in Hong Kong after Jack Ma cedes control of Ant Group
