Services Stocks on Investors' Radar -- Rite Aid, Walgreens Boots Alliance, Companhia Brasileira de Distribuicao, and Casey's General Stores

Wednesday, March 1, 2017 General News
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NEW YORK, March 1, 2017 /PRNewswire/ -- has initiated reports coverage on Rite Aid Corp. (NYSE:

RAD), Walgreens Boots Alliance Inc. (NASDAQ: WBA), Companhia Brasileira de Distribuicao (NYSE: CBD), and Casey's General Stores Inc. (NASDAQ: CASY). According to an article on CME Group released on February 03rd,
2017, business activity in the global Services sector accelerated to a 17-month high of 53.9 - up from 53.5 in December. The improved expansion rate was largely centered on the US and Russia. Learn more about these stocks by downloading their comprehensive and free reports at:

Rite Aid  

Camp Hill, Pennsylvania headquartered Rite Aid Corp.'s stock finished Tuesday's session flat at $6.00 with a total trading volume of 11.21 million shares. The Company's shares are trading 15.88% below their 50-day moving average. Shares of the Company, which through its subsidiaries, operates a chain of retail drugstores in the US, have a Relative Strength Index (RSI) of 42.14.

On February 15th, 2017, Rite Aid announced that naloxone, a medication that can be used to reverse the effects of an opioid overdose, is now available at more than 630 pharmacies in Georgia, Louisiana, Tennessee, Utah, Virginia, and West Virginia without a prescription, subject to state regulations. Previously, naloxone, which can be administered by injection or nasal spray, was only available with a physician's prescription. RAD complete research report is just a click away and free at:

Walgreens Boots Alliance  

On Tuesday, shares in Deerfield, Illinois-based Walgreens Boots Alliance Inc. recorded a trading volume of 3.88 million shares. The stock ended the session 0.96% lower at $86.38. The Company's shares have advanced 6.47% in the last one month, 2.77% in the previous three months, and 4.85% on an YTD basis. The stock is trading 3.66% above its 50-day moving average and 6.32% above its 200-day moving average. Moreover, shares of Walgreens Boots Alliance, which operates as a pharmacy-led health and wellbeing Company, have an RSI of 65.81.

On February 06th, 2017, research firm Atlantic Equities upgraded the Company's stock rating from 'Neutral' to 'Overweight'.

On February 22nd, 2017, Walgreens Boots Alliance announced that it has designated more than 50 of its local specialty pharmacies as cancer-specialized locations led by pharmacists and pharmacy technicians who have advanced cancer training and expertise and are committed to making sure patients get the medications and answers they require when they need them. The Company noted that the pharmacy staff at these locations has completed a cancer-focused curriculum of advanced education courses, focused on colorectal, lung, prostate and breast cancer, as well as various blood cancers such as leukemia, lymphomas, multiple myeloma, myeloproliferative neoplasms and myelodysplatic syndrome. The complimentary report on WBA can be downloaded at:

Companhia Brasileira de Distribuicao  

Shares in Sao Paulo, Brazil headquartered Companhia Brasileira de Distribuicao closed the day 2.48% lower at $18.12. The stock recorded a trading volume of 327,593 shares. The Company's shares have gained 11.03% in the previous three months and 9.49% on an YTD basis. The stock is trading 2.09% and 13.28% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores primarily in Brazil, have an RSI of 46.54.

On February 24th, 2017, the Company announced Q4 2016 gross revenue of R$12,741 million compared to gross revenue of R$11,329 in Q4 2015. The Company's Q4 2016 gross profit totaled R$2,701 million, with margin of 23.0%. In Q4 2016, the Company's adjusted EBITDA reached R$726 million, with margin of 6.2%. Sign up for your complimentary research report on CBD at:

Casey's General Stores  

At the closing bell yesterday, shares in Ankeny, Iowa headquartered Casey's General Stores Inc. finished 2.72% lower at $114.58. The stock recorded a trading volume of 1.35 million shares, which was above its three months average volume of 514,100 shares. The Company's shares have advanced 2.45% in the last one month. The stock is trading below its 50-day moving average by 2.78%. Furthermore, shares of Casey's General Stores, which together with its subsidiaries, operates convenience stores under the Casey's General Store name in 14 Midwestern states, primarily in Iowa, Missouri, and Illinois, have an RSI of 39.77. Get free access to your research report on CASY at:

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