Rite Aid (NYSE:RAD) reported quarterly losses of $(1.23) per share which missed the analyst consensus estimate of $(0.31) by 296.77 percent. This is a 920 percent decrease over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $6.10 billion which beat the analyst consensus estimate of $5.94 billion by 2.69 percent. This is a 2.07 percent decrease over sales of $6.23 billion the same period last year.
GM To Invest $7B In Michigan To Support Goal Of Wresting EV Leadership From Tesla By 2025
General Motors Corporation (NYSE: GM) has committed additional investment to further its electric vehicle push as it plays catch-up with the incumbents.