Reuters has stopped distributing the full text of Moody’s Investors Service press releases on ratings actions, effective April 1, 2009. The text of this Moody’s Investor Service rating is available at www.moodys.com.
Rite Aid Reports 1.7 Percent Same Store Sales Decrease for May
June 4, 2010 By Leave a Comment
CAMP HILL, Pa.–(Business Wire)–
Rite Aid Corporation (NYSE: RAD) today announced sales results for May.
Monthly Sales
For the five weeks ended May 29, 2010, same store sales decreased 1.7 percent
over the prior-year period. May front-end same stores sales decreased 3.6
percent while pharmacy same store sales, which included an approximate 124 basis
points negative impact from new generic introductions, declined 0.8 percent.
Prescriptions filled at comparable stores decreased 2.0 percent over the
prior-year period.
Total drugstore sales for the five-week period decreased 2.7 percent to $2.439
billion compared to $2.507 billion for the same period last year. Prescription
revenue accounted for 68.4 percent of drugstore sales, and third party
prescription revenue represented 96.3 percent of pharmacy sales.
Quarterly Sales
Same store sales for the 13-week quarter ended May 29, 2010 decreased 1.0
percent over the prior-year period. Front-end same store sales were down 1.3
percent while pharmacy same store sales decreased 0.9 percent. Prescriptions
filled at comparable stores decreased 1.7 percent over the prior-year period.
Total drugstore sales for the 13-week first quarter decreased 2.1 percent to
$6.368 billion compared to $6.506 billion in last year`s like period.
Prescription revenue represented 68.3 percent of total drugstore sales, and
third party prescription revenue was 96.3 percent of pharmacy sales.
Rite Aid is one of the nation`s largest drugstore chains. On May 29, 2010, the
company operated 4,767 stores compared to 4,825 stores in the like period a year
ago. Information about Rite Aid, including corporate background and press
releases, is available through the company`s website at http://www.riteaid.com.
Rite Aid Corporation
INVESTORS:
Matt Schroeder, 717-214-8867
or investor@riteaid.com
or
MEDIA:
Karen Rugen, 717-730-7766
Copyright Business Wire 2010
Moody’s assigns ratings to BPI Master Mortgage 2003
June 2, 2010 By Leave a Comment
Reuters has stopped distributing the full text of Moody’s Investors Service press releases on ratings actions, effective April 1, 2009. The text of this Moody’s Investor Service rating is available at www.moodys.com.
Moody’s rates BAFC Resecuritization Trust 2010-R3
April 3, 2010 By Leave a Comment
Reuters has stopped distributing the full text of Moody’s Investors Service press releases on ratings actions, effective April 1, 2009. The text of this Moody’s Investor Service rating is available at www.moodys.com.
Moody’s: No neg ratings impact from CIBC covered bond amendment
April 3, 2010 By Leave a Comment
Reuters has stopped distributing the full text of Moody’s Investors Service press releases on ratings actions, effective April 1, 2009. The text of this Moody’s Investor Service rating is available at www.moodys.com.
Moody’s comment on Yamaha Motor’s planned issuance of new shares
April 3, 2010 By Leave a Comment
Reuters has stopped distributing the full text of Moody’s Investors Service press releases on ratings actions, effective April 1, 2009. The text of this Moody’s Investor Service rating is available at www.moodys.com.
External Affairs Ministry launches its Arabic translation website
March 29, 2010 By Leave a Comment
New Delhi, Mar (ANI): Foreign Secretary Nirupama Rao on Monday launched a website that provides Arabic translation of all External Affairs Ministry press releases.
According to the ministry, the website http://www.aniarabic.com would provide daily Arabic translations of important MEA press releases.
The website is operated by the multi media agency Asian News International (ANI) and can be accessed free of cost.
Earlier, a similar site http://www.aniurdu.com providing Urdu translations of External Affairs Ministry’s press releases was launched.
The Urdu website is being widely accessed by both Indian and foreign media.(ANI)
Moody’s on wrapped manufactured housing transactions
April 12, 2009 By Leave a Comment
Reuters has stopped distributing the full text of Moody’s Investors Service press releases on ratings actions, effective April 1, 2009. The text of this Moody’s Investor Service rating is available at www.moodys.com.
EC asks cabinet to avoid media briefings
April 3, 2009 By Leave a Comment
New Delhi, April 2 (IANS) The Election Commission Thursday directed the cabinet to refrain from conducting media briefings after its meetings.
In a statement issued here, the poll panel told the cabinet secretary to avoid such briefings.
‘Now that the model code of conduct is in force throughout India in view of the current general elections to the Lok Sabha and the legislative assemblies of Andhra Pradesh, Orissa and Sikkim, the Commission would like to advise that such press conferences should be avoided, as far as possible, and the practice of issuing press releases may be resorted to in such cases,’ the statement said.
The panel said they are aware of the normal practice of union ministers addressing press conferences after meetings of the council of ministers or when any issue of public importance relating to the ministry concerned needs to be brought to the attention of the people.
Given this, it said if the cabinet finds that holding a press conference becomes unavoidable in public interest, ‘then preferably an appropriate official may address the press conference’.
The commission said they should be ‘urgently’ informed what action is being taken in this regard.