Company News For January 5, 2018

• Rite Aid Corporation’s shares decreased 1.4% after reporting fiscal third quarter revenues of $5,353.2 million, falling short of the Zacks Consensus mark of $7,736.4 million
• Shares of Walgreens Boots Alliance, Inc. (WBA - Free Report) declined 5.2% after posting fiscal first quarter net earnings of $821 million, reflecting a decrease of 22.1% from the prior-year quarter
• CVS Health Corporation’s (CVS - Free Report) shares increased 2.6% after projecting that fiscal 2018 cash flow to rise by $1.2 billion following the recent tax overhaul
• Shares of L Brands, Inc. slumped 12.3% after forecasting fourth-quarter earnings per share of $2.00, lower than the mid-point of the previous guidance range of $1.95 to $2.10

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