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Monday 14 September 2015
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Active Trending Stocks: Rite Aid Corporation (NYSE:RAD), Visa Inc (NYSE:V), Gastar Exploration Inc. (NYSEMKT:GST)

On Thursday, Shares of Rite Aid Corporation (NYSE:RAD), gain 0.37% to $8.19.

Rite Aid Corporation, declared sales results for August.

For the five weeks ended Aug. 29, 2015, same store sales raised 1.6 percent over the preceding-year period. August front-end same store sales raised 0.6 percent. Pharmacy same store sales, which comprised an approximate 222 basis points negative impact from new generic introductions, raised 2.1 percent. Prescription count at comparable stores reduced 0.3 percent over the preceding-year period.

Total drugstore sales for the five-week period raised 1.6 percent to $2.546 billion contrast to $2.507 billion for the same period last year. Prescription sales accounted for 69.6 percent of drugstore sales, and third party prescription sales represented 97.9 percent of pharmacy sales.

Same store sales for the 13-week period ended Aug. 29, 2015 raised 2.1 percent over the preceding-year period. Front-end same store sales raised 0.3 percent while pharmacy same store sales raised 2.8 percent. Prescription count at comparable stores raised 0.2 percent over the preceding-year period.

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 Visa Inc (NYSE:V), inclined 1.18% to $70.44, during its last trading session.

Visa Inc, declared its participation in the following investor conferences in the month of September.

On Wednesday, September 16, Jim McCarthy, Executive Vice President, Innovation & Planned Partnerships, will present at the Deutsche Bank 2015 Technology Conference in Las Vegas, Nevada. The negotiation will start at 1:20 p.m. Pacific Time and last for about 35 minutes.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

Finally, Gastar Exploration Inc. (NYSEMKT:GST), ended its last trade closed at $1.54.

Gastar Exploration Inc, declared that it has declared monthly cash dividends on its 8.625% Series A Preferred Stock (“Series A Preferred Stock”) and its 10.75% Series B Preferred Stock (“Series B Preferred Stock”) for September 2015.

The dividend on the Series A Preferred Stock is payable on September 30, 2015 to holders of record at the close of business on September 15, 2015. The September 2015 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.179688 per share, based on the $25.00 per share liquidation preference of the Series A Preferred Stock. The Series A Preferred Stock is presently listed on the NYSE MKT and trades under the ticker symbol “GST.PRA.”

The dividend on the Series B Preferred Stock is payable on September 30, 2015 to holders of record at the close of business on September 15, 2015. The September 2015 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.223958 per share, based on the $25.00 per share liquidation preference of the Series B Preferred Stock. The Series B Preferred Stock is presently listed on the NYSE MKT and trades under the ticker symbol “GST.PRB.”

Gastar Exploration Inc., an independent energy company, engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the United States. Its principal activities comprise the identification, acquisition, exploration, and development of oil and natural gas properties on unconventional reserves, such as shale resource plays.

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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.

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