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Rite Aid posts smaller 2Q loss, cuts forecast (AP)


Rite Aid Corp. on Thursday reported a smaller second-quarter loss than a year ago as it cut expenses, but the nation’s third-largest drugstore operator lowered its expectations for the fiscal year due to the weak economy and high unemployment.

This entry was posted on Thursday, September 24th, 2009, 11:20 pm and is filed under Finance News. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

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