Breakfast News: Facebook Inc, Rite Aid Corporation, Terra Tech Corp, Banco Santander

Follow this company

Companies Mentioned

06/06/2014 [ACCESSWIRE]

NEW YORK / ACCESSWIRE / June 06, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Facebook Inc, Rite Aid Corporation, Terra Tech Corp, Banco Santander.

Rite Aid Corporation (NYSE:RAD)’s shares dropped 7.41% to $7.87. The company on June 5 announced sales results for May. The Company also provided preliminary estimated financial results for the quarter ended May 31, 2014 and updated its outlook for 2015 fiscal year. Although results for the quarter ended May 31, 2014 will not be released until June 19, 2014, the Company expects Adjusted EBITDA (which is reconciled to net income on the attached table) for the quarter to be between $275 million and $285 million, net income to be between $35 million and $45 million and income per diluted share to be $.04.

How Should Investors Trade The Electric Vehicle Industry? Get The Free Trend Analysis Here (Or Copy & Paste Into Your Browser)

Additionally, for the seventh consecutive year, Rite Aid (RAD) on May 27 will proudly serve as the presenting sponsor of The Skin Cancer Foundation’s annual Road to Healthy Skin Tour. Kicking off today, the Tour runs through August and features local dermatologists coming out into the community to provide free, full-body and potentially life-saving skin cancer screenings to the public.

Terra Tech Corp (OTCBB:TRTC)’s stock fell 8.70% to $0.68. Inergetics, Inc. (NRTI), a leading developer of nutritional supplements, on June 4 held the inaugural meeting of its Scientific/Medical Advisory Board yesterday, June 3. The advisory board is responsible for guiding the formulation of the proprietary line of natural Cannabidiol (CBD)-based nutritional supplements the company is developing in partnership with Terra Tech Corp. (TRTC).

Is GACR a Better Investment In electric vehicles Industry? Let’s Find Out Here (Or Copy & Paste Into Your Browser)

Additionally, Vaporin, Inc. (OTCQB: VAPO) on June 3 announced its entry into the medical cannabis industry through an exclusive distribution agreement with Terra Tech Corp. (OTCQB: TRTC) ("Terra Tech"). Vaporin and Terra Tech have entered into an exclusive distribution agreement whereby Terra Tech will purchase the Company's proprietary vaporizer products for resale throughout their cannabis dispensary network in California, Colorado, Washington and Oregon.

Banco Santander (Brasil) SA(ADR)(NYSE:BSBR)’s shares gained 2.40% to $6.84. The company on Apr. 29 posted recurring net income of 1.427 billion reais ($637 million) in the first quarter, slightly above analyst estimates. Recurring profit, or a measure of net income excluding one-time items, was expected at 1.404 billion reais in the quarter, according to a Reuters poll with five analysts. Santander Brasil's loan delinquencies, as measured by the 90-day default ratio, rose to 3.8 percent of outstanding loans in the first quarter, in line with the poll estimates.

Is It The Right Time To Invest In GACR? Get The Free Trend Analysis Here (Or Copy & Paste Into Your Browser)

The 52 week trading range for the company is $4.48 - $7.29. The company is a Brazil-based bank. The Bank operates as a multiple service bank through three business segments: Commercial Bank, Global Wholesale Bank and Asset Management and Insurance.

Facebook Inc (NASDAQ:FB)’s shares declined 0.24% to $63.19. Facebook is is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.

How Should Investors Trade The Electric Vehicle Industry? Get The Free Trend Analysis Here (Or Copy & Paste Into Your Browser)

 Facebook did not disclose financial terms of the deal, which spokeswoman Vanessa Chan on June 3 said is expected to close later this month. Pryte's service, which has not publicly launched yet, seeks to make it easier for consumers without wireless data plans to use online services by selling short-term passes that would provide access to particular mobile apps, such as Facebook or Foursquare. is an investment community that focuses on MicroCap Securities. is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. does not have any position in any of the mentioned companies and has NO such intention to purchase any shares long or short in the open market over the next 72 hours. If you would like more information regarding our news coverage solutions, please visit for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at Follow us on Facebook: up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126 (SMS alerts are free, however data rates may apply, check your wireless plan for details.).

SOURCE: Market Buzz Report  


Leave a comment...

Your Name