On Friday, Shares of Rite Aid Corporation (NYSE:RAD), lost -0.11% to $8.95.
Rite Aid Corporation, said that it will release financial results for its Fiscal 2016 First Quarter, which ended May 30, 2015, on Thursday, June 18, 2015. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid’s administration team.
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 Host Hotels & Resorts, Inc. (NYSE:HST), inclined 1.07% to $19.92, during its last trading session, following the acquisition of a $400 million luxury hotel in Arizona and the declaration that it bought back 5.55 million common shares earlier last week.
Additionally, analysts at Stifel to upgrade the company’s stock to a “buy” rating from “hold” with a $25 price target recently, saying that the company’s current value is too cheap to not invest in.
The Bethesda, MD-based real estate investment trust purchased the 643 room luxury hotel Phoenician in downtown Scottsdale, AZ on Tuesday and declared that it was purchasing about $117 million worth of its own shares.
Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm primarily invests in luxury and upper upscale hotels.
Finally, Staples, Inc. (NASDAQ:SPLS), ended its last trade with -0.85% loss, and closed at $16.33.
Staples, declared that the U.S. Environmental Protection Agency (EPA) has recognized the company for outstanding achievement in the design, manufacture, promotion, and use of Safer Choice products. Staples won the award for meeting EPA’s Safer Choice Standard, which comprises stringent human and environmental health criteria. The award reaffirms Staples’ commitment to sustainable business practices.
The Safer Choice Program, formerly known as the Design for the Environment (DfE) Safer Product Labeling Program, was developed in 1997 and draws upon chemical and environmental expertise from across EPA. Safer Choice uses the technical tools and expertise of EPA’s New Chemicals Program to evaluate the environmental and human health impacts of every chemical ingredient in a product, allowing only the safest ingredients in labeled products. The Safer Choice labeled products will assist customers identify and select products with safer chemical ingredients, without sacrificing quality or performance.
“Staples is committed to offering products that are safer to human and environmental health,” said Roger McFadden, vice president and senior scientist at Staples. “EPA’s Safer Choice award illustrates our commitment to customers to provide products designed with safer chemicals.”
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands.
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