Fred's (FRED) Tops Q1 EPS by 1c, Beats on Revenues

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Rite Aid (RAD) Provides Update on Pending Merger with Walgreens Boots Alliance (WBA)

June 5, 2017 4:21 PM EDT

Rite Aid (NYSE: RAD) disclosed in an SEC filing:

Subject Line: Update on the Pending Merger of Rite Aid and Walgreens Boots Alliance

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Rite Aid (RAD) Says Remains Engaged in Discussions with the FTC Related to Walgreens Boots (WBA) Merger

June 5, 2017 4:20 PM EDT

Rite Aid (NYSE: RAD) provided and update on the Walgreens Boots Alliance (NASDAQ: WBA) merger:

Today we wanted to provide you with an update regarding our pending merger with Walgreens Boots Alliance (WBA) and the proposed sale of certain Rite Aid stores to Freds. The Federal Trade Commissions (FTC) review of our proposed merger has taken longer than expected, which has had a... More

Fred’s (FRED) July 25 calls active into Q1 and outlook

June 5, 2017 11:41 AM EDT

Fred's (NASDAQ: FRED) June call option implied volatility is at 116, July is at 97; compared to its 52-week range of 36 to 117 into the expected release of Q1 results on June 6.

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Fred's Inc. (FRED) PT Lowered to $17 at Deutsche Bank

June 2, 2017 7:55 AM EDT

Deutsche Bank lowered its price target on Fred's Inc. (NASDAQ: FRED) to $17.00 (from $19.00) while maintaining a Hold rating.

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