News Recap: Rite Aid Corporation (NYSE:RAD), Walgreen Company (NYSE:WAG), Petmed Express (NASDAQ:PETS), JEAN COUTU GROUP PJC (OTCMKTS:JCOUF), China Nepstar Chain Drugstore (NYSE:NPD)

Rite Aid Corporation (NYSE:RAD) announced that The Rite Aid Foundation is making a $40,000 donation to the American Red Cross to help the victims, families and communities affected by the severe weather that occurred in the southeast earlier this week. The Rite Aid Foundation is donating $25,000 to the American Red Cross – West Alabama chapter, which serves Bibb, Fayette, Greene, Hale, Lamar, Pickens, Sumter and Tuscaloosa counties; $10,000 to the American Red Cross – South Mississippi chapter, which serves Harrison, Hancock, Jackson, Pearl River, Stone, George, Greene, Perry, Forrest, Lamar, Marion, Jefferson Davis and Covington counties; and $5,000 to the American Red Cross – Frederick E. Rite Aid Corporation (NYSE:RAD) net profit margin is 0.80% and weekly performance is 0.13%. On last trading day company shares ended up $7.87. Analysts mean target price for the company is $7.95. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average (SMA50) is 14.56%.

Walgreens Company (NYSE:WAG) announced it will present on Thursday, May 15, at the Bank of America Merrill Lynch 2014 Health Care Conference in Las Vegas. Rick Hans, divisional vice president of investor relations and finance for Walgreens, and Snehal Shah, manager of investor relations, will speak at 10 a.m. Pacific time. Walgreen Company (NYSE:WAG) shares advanced 1.00% in last trading session and ended the day on $69.35. Gross Margin is 28.60% and its return on assets is 7.50%. Walgreen Company (NYSE:WAG) quarterly performance is 14.89%.

Petmed Express Inc (NASDAQ:PETS) was downgraded by investment analysts at Northcoast Research from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports. Petmed Express Inc (NASDAQ:PETS) shares moved up 2.62% in last trading session and was closed at $13.34, while trading in range of $12.93 – $13.36. Petmed Express Inc (NASDAQ:PETS) year to date (YTD) performance is -18.76%.

JEAN COUTU GROUP PJC (OTCMKTS:JCOUF) had its price target increased by Desjardins from C$19.00 to C$22.00 in a research report sent to investors on Friday morning, ARN reports. JEAN COUTU GROUP PJC (OTCMKTS:JCOUF) ended the last trading day at $21.43.

China Nepstar Chain Drugstore Ltd. (ADR) (NYSE:NPD) a leading retail drugstore chain in China based on the number of directly operated stores, announced that the Company will report its unaudited financial results for the first quarter of 2014 on May 29, 2014 before the market opens. The Company will host a conference call, to be simultaneously webcasted, on Thursday, May 29, 2014 at 8:00 a.m. Eastern Time / 8:00 p.m. Beijing Time. China Nepstar Chain Drugstore Ltd. (ADR) (NYSE:NPD) net profit margin is 3.20% and weekly performance is 3.42%. On last trading day company shares ended up $2.42. Analysts mean target price for the company is $1.30. China Nepstar Chain Drugstore Ltd. (ADR) (NYSE:NPD) distance from 50-day simple moving average (SMA50) is -6.14%.

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