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Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger. The companies now plan to ...
04.22.2024 denverpost.com , yahoo.com , bostonglobe.com and 70 sites
The Federal Trade Commission filed a lawsuit Monday to block the $8. 5 billion merger of luxury fashion conglomerates Tapestry and Capri Holdings, a union that regulators say would lead to higher pric...
04.22.2024 Washingtonpost.com and 7 sites
Kroger and Albertsons will sell an additional 166 stores, the supermarket giants announced Monday in an effort to appease federal antitrust regulators trying to block their merger. C&S Wholesale Groce...
04.22.2024 Washingtonpost.com and 5 sites
Albertsons Companies Inc (NYSE: ACI ) reported fourth-quarter FY23 sales growth of 0. 4% year-on-year to $18. 34 billion, missing the analyst consensus estimate of $18. 47 billion . The increase was d...
04.22.2024 dailymail.co.uk , vancouversun.com , yahoo.com and 28 sites
NEW YORK (AP) — The Federal Trade Commission sued to block Tapestry, Inc. ’s $8. 5 billion acquisition of Capri Holdings Ltd. , saying that the deal would eliminate direct head-to-head competition between the fashion companies’ brands like Coach and Michael Kors in the so-called affordable luxury handbag arena. The agency also said Monday that the deal, a nnounced in August 2023, threatens to eliminate the incentive for the two companies to vie for employees and could depress employees’ wages an...
04.22.2024 usnews.com , yahoo.com , breitbart.com and 56 sitesThe market rally is at its most fragile point in months. The S&P 500 ( ^GSPC ) ended Friday below 5, 000, its first close below that mark since late February. Meanwhile, the Nasdaq Composite ( ^IXIC )...
04.21.2024 Yahoo.com and 9 sites
Lauren Rosenblatt | The Seattle Times (TNS) In the five years since two Boeing 737 Max crashes left hundreds grieving around the globe, the families who lost loved ones have been quietly fighting a le...
04.22.2024 Arcamax.com and 9 sites
In its first two advertisements of the 2024 election cycle, the progressive antitrust group Fight Corporate Monopolies is attacking Rep. David Trone, a leading Democratic Senate candidate in Maryland,...
04.19.2024 Yahoo.com and 4 sites
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: JPM...
04.23.2024 Yahoo.com and 1 sites
The S&P 500 SPX is on pace for its biggest monthly drop since December 2022, with April's pullback erasing about half the gains the U. S. stock market had booked this year by the end of March. The index has slumped 5. 5% this month through Friday, lo...
04.22.2024 Tradingview.com and 4 sites
