Rite Aid Corporation (NYSE:RAD), the third-largest retail drugstore in the U.S. based on revenues and number of stores, posted a fourth-quarter 2012 loss last Thursday. Though the company’s results slumped in the quarter, it compared favorably with the Zacks Consensus Estimate and registered a vast improvement from last year.
Citing a considerable improvement in the company’s prospects and forward guidance update, the analysts have turned a little hopeful expecting Rite Aid’s losses to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards