|Day Low/High||2.55 / 2.65|
|52 Wk Low/High||1.30 / 3.58|
A selloff in tech stocks regained momentum, pulling the Nasdaq lower for the day and wiping out the index's monthly gain.
This deal looks like to be wrapped up soon.
A record close for the Nasdaq was looking likely until a swift selloff in tech dragged the index from its heights.
Walgreens will now divest up to 1,200 Rite Aid stores to Fred's Pharmacy.
David Einhorn's hedge fund, Greenlight Capital, disclosed fresh positions in four stocks.
Einhorn picked up new positions in Syngenta and others.
Rite Aid shares are tanking on reports that the FTC may not approve Walgreens Boots Alliance's acquisition of the company.
Stocks fluctuated in quiet trading ahead of the long Christmas break weekend.
Shares of Fred's were up big Tuesday after the company announced an agreement to purchase 865 Rite Aid stores.
Jim Cramer asks whether Fred's Pharmacy can succeed in buying hundreds of Rite Aid stores.
U.S. stocks inched higher Tuesday, with the Dow Jones Industrial Average closing in on 20,000, despite alleged terror attacks in Berlin, Zurich and Turkey on Monday
Fred Pharmacy opted out of the Q&A session during its third quarter earnings call due to an undisclosed acquisition.
There's more data to be processed and interpreted. With all the attention toward the ECB, a lot of data has come out and has not been interpreted this morning. As an example, retail same-store sales numbers showed beats at L Brands (LB), Fred's (FRE...
I suspect a shift back to discounters once back-to-school is over, so keep an eye on these two names.
Overall, they were not good. Lost in the central banking eases were the final June same-store sales releases. Generally, they were punk. Six were beetter than expected: Saks (SKS) Nordstrom (JWN) Limited Brands (LTD) The TJX Companies (TJX) Stage (S...
Ten results were better than expected, one compnay was in line, and six came in below expectations. Thus far, 10 retail results have come in better than expected: Target (TGT) Macy's (M) Nordstrom (JWN) Limited (LTD) Gap (GPS) Kohl's (KSS) Ross Stor...
This level of resistance on the S&P 500 is a tough nut to crack. I know that Doug has been trimming some positions after the great start we've had to the year. I'm not holding the same stocks as Doug, but we seem to have a similar opinion of the cur...
By my count, eight were better than expected, and 10 were worse than expected. Retail comps this morning were mixed. By my count, eight were better than expected, including Costco (COST), Saks (SKS), Target (TGT), Limited (LTD), Gap (GPS), Ross Stor...
BIG and FRED show bullish technical developments and should continue to do well in a down economy.