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Reuters: Rite Aid posts Q4 loss on charge; outlook disappoints

Started by chris, April 10, 2008, 02:31:03 PM

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chris

Rite Aid posts Q4 loss on charge; outlook disappoints
      


(Reuters) - Rite Aid Corp , the third-largest U.S. drugstore chain, posted a fourth-quarter loss due to a big tax charge and merger-related costs, and forecast 2009 results below market estimates, sending its shares down almost 7 percent.
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