Analyst Speculates That Rite Aid May Pick Up Eckerd From Jean Coutu
June 16, 2006
Credit Suisse analyst Edward Kelly gives a 25 percent chance to the idea that 3rd-ranked Rite Aid Corp. may buy at least some of Jean Coutu Group’s Eckerd store, which is struggling to integrate the drug stores into its operations.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.