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Mon, October 31, 2011
Professional Outlook, Will EU's Deal Hold the Markets? - Equity Research on Rite Aid Corporation and CVS Caremark Corporation
October 31, 2011 09:00 ET
Professional Outlook, Will EU's Deal Hold the Markets? - Equity Research on Rite Aid Corporation and CVS Caremark Corporation
MACAU--(Marketwire - Oct 31, 2011) - Today, [ www.EquityMarketsInc.com ] announced its research report highlighting Rite Aid Corporation (
Markets are starting to step in the right direction, with the European Financial Stability Facility (EFSF) increasing from $600 billion to $1.4 trillion, a significant move to strengthen the safety net in place for Europe's most troubled countries.
It is likely China and the IMF will contribute to the bailout fund, with Greece alone receiving $180 billion in fresh aid. The remainder of Greece's obligations were halved in the process, with private bondholders of Greek debt settling at 50% -- allowing banks to recapitalize at a healthy 9% reserve and bring Greece's debt burden down to 120% of GDP by 2020.
An important consideration is political commitment to this road map and probability of ongoing support for European Central Bank (ECB)'s recent deal. Currently the global community appears to be on point with ECB's initiative, an outlook that should be sufficient to support markets around current levels.
Equity Markets has reviewed Rite Aid Corporation for its current position within the services industry. Rite Aid Corporation is a retail drugstore chain in the United States. The Company operates its drugstores in 31 states across the country and in the District of Columbia. As of February 26, 2011, it operated 4,714 stores. In its stores, the Company sells prescription drugs and a assortment of other merchandise, which it calls front end products. The full research report on Rite Aid Corporation (
Equity Markets has reviewed CVS Caremark Corporation for its development within the services industry. CVS Caremark Corporation (CVS Caremark) is a pharmacy healthcare provider in the United States. The full research report on CVS Caremark Corporation (
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