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25 items- PRCarenet Health Acquiring Health Dialog, Enhancing Clinical Team and Advancing Insights-Driven Platform Dedicated to the Business of HealthcareExpanded personalized population health capabilities support better health journeys for patients Carenet Health, a trusted partner in helping organizations simplify and power the business of healthcare, is excited to announce it is acquiring Health Dialog, a worldwide leader in delivering clinical decision support offerings. This acquisition enables Carenet to leverage its combined platform, analytics and clinicians to deliver greater efficiency and outcomes-based financial performance for clients. Health Dialog provides personalized population health services to health plans, providers, employers and pharmaceutical manufacturers. Carenet is acquiring all assets of Health Dialog from
- SECSEC Form NT 10-Q filed by Rite Aid CorporationNT 10-Q - RITE AID CORP (0000084129) (Filer)
- SECRite Aid Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Bankruptcy or Receivership, Other Events, Financial Statements and Exhibits8-K - RITE AID CORP (0000084129) (Filer)
- NEWSPharmacy Workers Strike At CVS and Walgreens, Echoing Wider Pharma Sector UnrestIn a recent surge of labor unrest, pharmacy employees from CVS Health Corporation (NYSE:CVS) and Walgreens Boots Alliance, Inc. (NASDAQ:WBA) raised their voices by calling out sick or walking out entirely last week. What Happened: These actions were a protest against what they described as insufficient staffing and escalating job demands, which they believed are compromising the safety of their work environment. The grassroots movement, known on social media as "Pharmageddon," is part of a more significant wave of worker activism that has impacted sectors like automotive manufacturing and entertainment. The protests were primarily driven by nonunion workers and have reportedly affected se
- SECRite Aid Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits8-K - RITE AID CORP (0000084129) (Filer)
- SECRite Aid Corporation filed SEC Form 8-K: Regulation FD Disclosure8-K - RITE AID CORP (0000084129) (Filer)
- NEWSBankrupt Rite Aid, McKesson Strike Deal To Secure Steady Drug DeliveriesRite Aid Corporation (NYSE:RAD) and drug supplier McKesson Corp (NYSE:MCK) have reached a settlement, securing the continued fulfillment of customer prescriptions throughout Rite Aid's ongoing bankruptcy proceedings. The lawsuit against McKesson alleged that the distributor improperly tried to terminate the drug supply agreement just before Rite Aid's bankruptcy declaration, claiming that McKesson demanded an immediate $700 million payment for outstanding contractual dues. This development emerged shortly after Rite Aid filed for Chapter 11 bankruptcy in New Jersey. Also Read: Privatized Vaccine Distribution Sparks Confusion, Payment Challenges. Citing a court hearing in Trenton, Reute
- SECSEC Form 10-Q filed by Rite Aid Corporation10-Q - RITE AID CORP (0000084129) (Filer)
- NEWSRite Aid Receives Court Approval Of "First Day" Motions To Support Business Operations; Secures Interim Approval To Access Up To $3.45B In Debtor-In-Possession FinancingSecures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession FinancingContinues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online PlatformsRite Aid Corporation (OTC:RADCQ) ("Rite Aid" or the "Company") today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its "First Day" motions related to the Company's voluntary Chapter 11 petitions filed on October 15, 2023.The Court granted interim approval to access up to $3.45 billion in debtor-in-possession financing from certain of its lenders. This financing is expected to provide sufficient liquidity to support the Company throughout t
- PRRite Aid Receives Court Approval of "First Day" Motions to Support Business OperationsSecures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (OTC:RADCQ) ("Rite Aid" or the "Company") today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its "First Day" motions related to the Company's voluntary Chapter 11 petitions filed on October 15, 2023. The Court granted interim approval to access up to $3.45 billion in debtor-in-possession financing from certain of its lenders. This financing is expected to provide sufficient liquidity to support the Company th
- SECRite Aid Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Bankruptcy or Receivership, Events That Accelerate or Increase a Direct Financial Obligation, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (Amendment)8-K/A - RITE AID CORP (0000084129) (Filer)
- NEWSRite Aid shares are trading lower after the company filed voluntary petitions to commence proceedings under Chapter 11.
- NEWSBitcoin's ETF Approval Rumor, Pfizer Slashes Annual Outlook, Activist Shareholder Shakes Up News Corp's Status Quo: Today's Top StoriesBenzinga Bitcoin Spiked On False ETF Approval Rumor Bitcoin (BTC/USD), the ace cryptocurrency, spiked on unverified reports of the approval of an iShares Bitcoin ETF. BlackRock said the information is false, according to Fox Business journalist Eleanor Terrett. The company's Bitcoin ETF application is still under review, BlackRock, which owns iShares, told Fox. Albemarle Backs Out Of Acquisition Offer For Australia's Liontown Resources Mining giant Albemarle Corporation (NYSE: ALB) said it will not pursue a binding agreement to purchase Liontown Resources Ltd (OTC: LINRF) and has withdrawn its non-binding offer to Liontown's Board of Directors. The decision comes as Albemarle n
- NEWSDrug Retailer Rite Aid Grappling With Lawsuits Files For BankruptcyRite Aid Corporation (NYSE:RAD) filed for Chapter 11 bankruptcy protection in New Jersey and said it would begin restructuring to reduce its debt. Elixir Insurance is not included in the Chapter 11 process. Rite Aid is evaluating its store portfolio, and in connection with the court-supervised process, the company will close additional underperforming stores. Rite Aid also said lenders agreed to provide $3.45 billion in new funding to "provide sufficient liquidity" as it embarks on its restructuring plan. Also Read: Biden Administration Restarts Distribution Of Free At Home COVID-19 Tests, After Suspending For Year. Rite Aid also appointed Jeffrey Stein as Chief Executive Officer, Chief
- SECRite Aid Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Bankruptcy or Receivership, Events That Accelerate or Increase a Direct Financial Obligation, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits8-K - RITE AID CORP (0000084129) (Filer)
- NEWSMckesson Said Does Not Anticipate The Bankruptcy Process Initiated By Rite Aid On October 15, 2023 To Have A Material Impact On Its Adjusted Earnings Per Diluted Share Outlook For Fiscal 2024-8-K
- NEWSRiteAid Announced Late Sunday, Medimpact Will Acquire Rite Aid's Elixir Solutions Business; Medimpact Will Serve As The "Stalking Horse Bidder" In A Court-Supervised Sale Process
- NEWSRite Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring, Receives Commitment for $3.45B in New Financing, Taps Jeffrey S. Stein as CEO and Director Succeeding Interim CEO Elizabeth ("Busy") BurrRite Aid Corporation (NYSE:RAD) ("Rite Aid" or the "Company") today announced it has reached an agreement in principle with certain of its senior secured noteholders on the terms of a financial restructuring plan that will allow the Company to accelerate its ongoing business transformation. Implementing the contemplated restructuring plan will significantly reduce the Company's debt, increase its financial flexibility and enable it to execute on key initiatives. In connection with this, Rite Aid has initiated a voluntary court-supervised process under Chapter 11 of the U.S. Bankruptcy Code. Rite Aid is continuing to deliver leading healthcare products and services across its retail and onli
- PRRite Aid Corporation Appoints Jeffrey S. Stein Chief Executive OfficerStein Succeeds Elizabeth "Busy" Burr Rite Aid Corporation (NYSE:RAD) ("Rite Aid" or the "Company") today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) and a member of the Board of Directors, effective immediately. Mr. Stein succeeds Elizabeth ("Busy") Burr, who has served as Interim CEO of Rite Aid since January 2023. Ms. Burr will continue to serve on the Company's Board. Mr. Stein brings more than three decades of experience as a leader and executive director at both public and private companies. Mr. Stein has particular expertise in supporting companies that are driving meaningful business tran
- PRRite Aid Takes Steps to Accelerate Transformation and Position Company for Long-Term SuccessReaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives Receives Commitment for $3.45 Billion in New Financing to Support Business Operations Continuing to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (NYSE:RAD) ("Rite Aid" or the "Company") today announced it has reached an agreement in principle with certain of its senior secured noteholders on the terms of a financial restructuring plan that will allow the Co
- NEWSRite Aid Corp Expects To Report A Significant Increase In Net Loss For The Quarter Ended September 2, 2023 And A Significant Increase In Its Outstanding Debt For The Quarter Ended Sept 2, Vs Corresponding Qtr Ended Aug 27, 2022NT-10Q
- SECSEC Form NT 10-Q filed by Rite Aid CorporationNT 10-Q - RITE AID CORP (0000084129) (Filer)
- NEWS12 Consumer Staples Stocks Moving In Wednesday's After-Market SessionGainers Meiwu Technology Co (NASDAQ:WNW) shares moved upwards by 21.0% to $0.11 during Wednesday's after-market session. Trading volume for this security closed at 370.8K, accounting for 15.0% of its average full-day volume over the last 100 days. The company's market cap stands at $11.5 million. China Jo-Jo Drugstores (NASDAQ:CJJD) stock rose 15.8% to $0.27. Today's trading volume for this security ended up closing at 232.5K shares, which is 53.5 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $6.3 million. Blue Star Foods (NASDAQ:BSFC) shares rose 13.33% to $0.22. Trading volume for this security closed at 179.7K, accounting for 1
- PRCreep It Simple: Rite Aid Releases DIY Halloween Costume Recipe CardsBeat the Halloween Hurries by Turning Drug Store Finds Into Unforgettable Ensembles Each year, Halloween has a way of creeping up, bringing along the annual fear of finding the perfect costume. This season, Rite Aid (NYSE:RAD) is taking away that stress with their Costume Recipe Cards – easy solutions to ensure consumers shine on the spookiest night of the year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231010225914/en/Rite Aid's Costume Recipe Cards (Photo: Business Wire) The neighborhood drug store chain is more than just a popular destination for Halloween candy and décor. Rite Aid's aisles possess all the essentials n
- PRRite Aid Helps Families Prep for Fall the Rite Way with Family Immunization DayCustomers and their families can receive routine vaccinations and immunizations at select Rite Aid locations Fall's arrival brings both the bustling return to routine and the unwelcome beginning of respiratory illness season, but getting vaccinated can be a seamless family affair. Rite Aid (NYSE:RAD) will offer a Family Immunization Day at select stores providing families a convenient opportunity to walk in and get the vaccinations they need to protect themselves against the flu, COVID-19, RSV, and other viruses. Rite Aid's upcoming Family Immunization Day offers families the flexibility of a walk-in clinic, allowing them to conveniently receive routine vaccinations over the weekend. Th
RAD FAQ
6 questionsWhat does Rite Aid Corporation do?
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and other every day and convenience products, as well as brand and generic prescription drugs. It also operates retail clinics that...Where does RAD stock trade?
Rite Aid Corporation (RAD) is listed on NYSE.What sector and industry is RAD in?
Rite Aid Corporation operates in the Consumer Staples sector, Retail-Drug Stores and Proprietary Stores industry.What are analysts saying about RAD?
Rite Aid Corporation has had 2 recent analyst actions on file. The most recent action was from Deutsche Bank: Sell with a $100.00 price target on 2022-04-07.What companies are similar to RAD?
Notable peers in the same industry include CVS (CVS Health Corporation), WBA (Walgreens Boots Alliance Inc.), GRDN (Guardian Pharmacy Services Inc.), YI (111 Inc.), MDVL (MedAvail Holdings Inc.). Compare RAD side-by-side with any of them on Quantisnow.How can I track RAD on Quantisnow?
Quantisnow aggregates Rite Aid Corporation's SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow RAD to receive live email and push alerts on every new disclosure.