Could Rite Aid Be an Acquisition Target, Again?

Published on August 11, 2022

Drugstore operator Rite Aid Corporation (NYSE: RAD) stock is down (-38%) on the year but has bounced over 40% off its $4.68 low in May.

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Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

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Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.”The firm has raised $35 million on the heels of its last tranche in June, bringing its total Series D investment to $95 million. The new round was “oversubscribed”, the firm’s founder and CEO Alex Zhavoronkov told TechCrunch, declining to disclose the com

The 2 Dow Stocks with Decade-Long Win Streaks on the Line

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Over the past decade, only a pair of Dow stocks have finished in the green in every calendar year. A few months from now, we’ll learn which one...