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By Kuldip K. Ambastha On Thursday, December 17, 2020, Rite Aid Corporation (RAD) had a +17.4% gain per share for the day. The corporation, best known for its retail drugstore chain operations, beat its quarterly adjusted earnings and revenues expectations, and also raised its full year outlook to expect positive earnings instead of a potential …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 14-18, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Thursday, December 19, 2019, Rite Aid Corporation (RAD) delivered a strong 42.3% return for the day. On that day, the company announced a quarterly earnings figure of $0.54 per share, for the quarter ending November 2019. This figure beat various consensus estimates quite significantly and thus …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 16-20, 2019”

By Anil K. Ambastha and Kuldip K. Ambastha After testimony of the U.S. Federal Reserve Chairman Jerome Powell to the U.S. Congress where he indicated the possibility that the central bank may cut interest rates during its meeting later this month, some of the major stock market indices reached their all-time highs. The S&P 500, …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 8-12, 2019”