Insurances & Business

News Economy Business Investment Banks Credits

Rite Aid Posts Q4 Loss on Charge; Outlook Disappoints

BANGALORE (Reuters) - Rite Aid Corp <RAD.N>, the
third-largest U.S. drugstore chain, posted a fourth-quarter
loss due to a big tax charge and merger-related costs, and
forecast weak 2009 results, sending its shares down as much as
8 percent.

Leave a Reply »»

Similar/Related/News: