Every morning ValueWalk provides a wrap up of the latest company news, of US, European, and Asian Pacific corporation. Company News Update U.S. Drugstore chain, Rite Aid Corporation (NYSE:RAD) reported a quarterly loss of 18 cents a share, in the fourth quarter ended March 3, on $7.1 billion in revenue, which was in line street expectations. An Arkansas judge ordered Johnson & Johnson (NYSE:JNJ) to pay more than $1.1 billion in fines, after the jury found the company’s officials deceived doctors and patients about the risks of antipsychotic drug Risperdal. Drug wholesaler McKesson Corporation (NYSE:MCK) won a contract to supply…
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