Rite Aid - Tricky Liquidity Headline

George | Wed, 06/24/2009 - 12:32pm | earnings announcements, elusive press releases, Rite Aid earnings, Rite Aid Q1 | Add a comment

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Rite Aid (NYSE:RAD) released Q1 results insisting that they have improved their liquidity. Mary Sammons, Rite Aid Chairman and CEO insists she is pleased with the results. The headline in their press release claims an increase to $900 million in liquidity. The tricky word is to and not by. Big difference
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› George

Gender: male Industry: Communications / Media Occupation: Financial Writer About Me

George Gutowski has over twenty years of financial and investor relations experience.He observes how companies explain themselves and at times confuse the marketplace. George wrote the book "Financial Self Defense for Investors" a self defense primer for investors who do not want to be cheated. ISBN 1-894663-94-2

Stock Investing > Financial Skeptic

Rite Aid - Tricky Liquidity Headline

George | Wed, 06/24/2009 - 12:32pm | earnings announcements, elusive press releases, Rite Aid earnings, Rite Aid Q1 | Add a comment

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