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Rite Aid Narrows 4Q Loss, But Outlook Remains Weak (RAD)

Rite Aid (RAD) In June 2007, Rite Aid (RAD: Charts, News, Offers) purchased Brooks & Eckerd pharmacies for $3.4 billion, a deal which made it the third largest pharmacy only behind CVS (CVS: Charts, News, Offers) and Walgreens (WAG: Charts, News, Offers). Unfortunately, it has lost money in every quarter since the acquisition — including [...]
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