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Wednesday 14 October 2015
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Active Stocks Alert: Rite Aid Corporation, (NYSE:RAD), GrafTech International, (NYSE:GTI), GoDaddy, (NYSE:GDDY)

On Thursday, Shares of Rite Aid Corporation (NYSE:RAD), lost -0.24% to $8.39.

Rite Aid Corporation, declared sales results for June.

Monthly Sales

For the four weeks ended June 27, 2015, same store sales raised 2.4 percent over the preceding-year period. June front-end same store sales raised 0.3 percent. Pharmacy same store sales, which comprised of an approximate 226 basis points negative impact from new generic introductions, raised 3.4 percent. Prescription count at comparable stores raised 0.2 percent over the preceding-year period.

Total drugstore sales for the four-week period raised 2.2 percent to $2.040 billion contrast to $1.995 billion for the same period last year. Prescription sales accounted for 69.0 percent of drugstore sales, and third party prescription sales represented 97.8 percent of pharmacy sales.

Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.

Shares of GrafTech International Ltd. (NYSE:GTI), declined -0.60% to $4.93, during its last trading session.

GrafTech International Ltd., declared that its EBITDA* and operating cash flow for the first half of 2015 is now predictable to be at the low end of the previous guided targeted ranges of $30 million to $40 million each, and could fall slightly below the targeted ranges.

The Company stated that market conditions remain challenging in both the Industrial Materials segment and Engineered Solutions segment. While pricing in the Industrial Materials segment is generally consistent with expectations, volumes remain under pressure due to weak electric arc furnace steel production in its key North American and European markets driven by high steel import levels. In the Engineered Solution segment, sales are also lower than predictable as industrial and oil and gas sector demand continues to be weak. Additionally, lower volumes and pricing pressure have affected product sales into the advanced consumer electronics market. In light of these market conditions, the Company will reduce production rates further to align with current market demand.

GrafTech International Ltd. manufactures and sells graphite and carbon material science-based solutions. It operates through two segments, Industrial Materials and Engineered Solutions. The Industrial Materials segment manufactures and delivers graphite electrodes, which are components of the conductive power systems used to produce steel and non-ferrous metals; carbon, semi-graphitic, and graphite refractory hearth linings for blast and submerged arc furnaces used to produce iron and ferroalloys; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes.

Finally, GoDaddy Inc. (NYSE:GDDY), ended its last trade with -4.07% loss, and closed at $27.14.

GoDaddy, declared that it has joined the newly formed Node.js Foundation. Pledging support to the Foundation’s mission to grow and evolve the Node.js platform, which is essential to GoDaddy products and platforms, GoDaddy has joined the combined Node.js and io.js developer communities as a member of the newly merged, collaborative forum.

Joining the Foundation as an official member signals a further milestone for GoDaddy in backing open source technology like Node.js as it seeks to put the power of advanced technology within reach of every small business worldwide. GoDaddy uses Node.js in numerous parts of its infrastructure, from developer APIs to its website building tools.

GoDaddy Inc. focuses on the design and development of cloud-based technology products for small businesses, Web design professionals, and individuals. Its products would enable its customers to establish a digital presence, connect with their customers, and manage their business operations. The company was incorporated in 2014 and is headquartered in Scottsdale, Arizona.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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