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Monday 12 October 2015
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Mix Active Stocks News Review:: Rite Aid (NYSE:RAD), E I Du Pont De Nemours (NYSE:DD), Melco Crown Entertainment (NASDAQ:MPEL)

Shares of Rite Aid Corporation (NYSE:RAD), surged 1.15% to $6.17, during its last trading session. The share price of this stock traded recently in a range of $6.02 to $6.24. The company now has a market value of $6.18 billion.

Rite Aid is this year’s one-stop shop Halloween headquarters. From enchanting to frightful costumes, décor, candy and more, Rite Aid is ready to assist customers prepare for the hair-raising holiday.

Wellness+ with Plenti members can enjoy additional savings throughout the season and have the opportunity to earn Plenti points on select Halloween and fall items. New and existing wellness+ members can now sign up for wellness+ with Plenti at any Rite Aid store nationwide or online at www.riteaid.com/plenti. Points earned on featured items can be used for at least two years for savings at Rite Aid and certain Plenti partners counting Exxon, Macy’s and Mobil.

Candy

Rite Aid shelves are stocked with an extensive selection of Halloween trick-or-treat candy classics like chocolate pumpkins, Kit-Kat, Reese’s, Twix, Snickers and M&M’s, all accessible in large variety bags. For around the house, fill the candy dish with Brach’s Candy Corn, a holiday staple. And don’t forget to pick up one of Rite Aid’s colorful ghost, jack o’ lantern and haunted house inspired trick-or-treat bags or plastic pumpkin to assist children collect candy!

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.

Finally, E I Du Pont De Nemours And Co (NYSE:DD), ended its last trade with 0.33% gain, and closed at $55.39.

Ellen Kullman, Chair and CEO of DuPont, declared that she will retire from the company effective October 16. On that date, Edward Breen, a current member of the DuPont Board of Directors, will assume the role of Interim Chair and CEO of DuPont. The Board has engaged an executive recruitment firm to identify a full-time replacement.

Updated Operating Earnings Outlook

DuPont declared that it now anticipates operating earnings per share for the full year to be about $2.75, contrast with the preceding guidance of $3.10. The revised outlook primarily reflects continued strengthening of the U.S. dollar as compared to currencies in emerging markets, particularly the Brazilian Real; and a further weakening of agricultural markets, primarily in Brazil. The new guidance assumes full-year currency impacts of $0.72 per share, as compared to the preceding expectation of about $0.60 per share. Not Taking Into Account the impact of currency, the revised guidance for full-year operating earnings per share, counting predictable benefits from share repurchases and cost savings, represents an about 3 percent enhance in operating earnings per share year over year. The company now anticipates second-half operating earnings per share to be about $0.40, contrast with the preceding guidance of $0.75. About 25 percent of predictable second-half operating earnings will be earned in the third quarter. Preceding year operating earnings were $3.36 and $0.96 per share for the full year and second-half 2014, respectively. Reconciliations of non-GAAP measures are comprised of at the end of this release.

Demand for crop protection and seed products, primarily in Brazil, further weakened in the third quarter influenced by macroeconomic and competitive pressures. In Brazil, where the planting season is in progress, tighter farmer profit margins and credit are causing growers to be more cautious in their spending. The company is experiencing reduced demand for crop protection products reflecting low insect pressure and lower seed volumes as growers are predictable to reduce hybrid corn planted area.

The U.S dollar continues to strengthen as compared to currencies in emerging markets. The Brazilian Real has declined more than 60 percent year over year and about 20 percent since the company stated second-quarter results.

E I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.

Shares of Melco Crown Entertainment Ltd (NASDAQ:MPEL), inclined 7.25% to $18.49, during its last trading session. In the last trading session, the stock moved on high volume, trading at a volume of 200.00 M as compared to its average daily volume of 3.93 million shares.

The stock, as of recent close, has shown weekly upbeat performance of 34.38% which was maintained at 7.13% in 1-month period.

Melco Crown Entertainment Limited, through its auxiliaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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 with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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