Orlando, FL -- (SBWIRE) -- 10/21/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Rite Aid Corporation (NYSE:RAD), Groupon Inc (NASDAQ:GRPN).
Rite Aid Corporation (NYSE:RAD) shares declined 0.93% to $5.30. The company on Oct. 10 has been ordered to pay more than $12 million to settle a civil lawsuit filed in California claiming about 600 of its stores illegally dumped pesticides, bleach and other toxics. The environmental protection lawsuit was filed last month by the district attorneys of Los Angeles, San Joaquin and Riverside counties. In all, 52 California district attorneys joined the civil action. A judgment was filed in San Joaquin Superior Court two weeks ago ordering Rite Aid to pay the penalty.
Are investors worried about the recent updates with RAD? Find out with a free trend analysis HERE
Groupon Inc (NASDAQ:GRPN) stock declined 0.19% to $10.65. The company on Oct. 10 announced three key engineering hires reporting to Sri Viswanath, Senior Vice President of Engineering and Operations. Brian McCallister joins Groupon as CTO of Platform. McCallister comes to Groupon from Ning, where he was Principal Architect and Distinguished Engineer. At Ning, he also worked in other key architecture roles while managing technical direction and communication across the organization. McCallister was active with the Apache Software Foundation, serving on the Board of Directors and as PMC Chair for the DB and ActiveMQ projects.
Additionally, the company announced that it intends to hold a conference call to discuss its third quarter 2013 financial results on Thursday, November 7, 2013, at 5:00pm EST.
Is GRPN going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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