Stock Analysts

Duke Realty to Construct 2 Buildings in West Palm Beach

Per bizjournals.com, Duke Realty Corporation DRE has broken ground on West Palm Beach for a 2-building industrial project. The two buildings, situated east of Florida’s Turnpike Crossing at Jog Road, are expected to add value to the Indiana-based commercial real estate investment trust’s (“REIT”) Class A portfolio. As revealed, Duke Realty will construct two buildings, covering 122,400 square feet and 102,850 square feet of area, separately […]

Stock Analysts

Rite Aid (RAD) Reports Positive Sales Data for October

Rite Aid Corporation RAD came out with its sales data for the month of October, wherein the company’s comparable-store sales (comps) for the four weeks ended Oct 24, 2015 climbed 1% year over year, reflecting an increase in pharmacy comps. Shares of this Zacks Rank #4 (Sell) company have dropped 2.2% since the October sales release. Pharmacy comps went up 1.7%, including a negative impact of nearly 249 basis points from generic drug introduction. […]