Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least...
Tag: Albertsons Companies Inc
Kroger (KR) earnings Q3 2022
Kroger on Thursday raised its forecast for the year after stronger fiscal third-quarter sales topped Wall Street expectations and inflation continued to push up the prices shoppers pay for milk, eggs ...
Kroger and Albertsons executives defend proposed merger at hearing
Albertsons and Kroger supermarkets Bridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty Images The battle over whether grocery giants Kroger and Albertsons should be allowed to combine is ...
Beyond Meat’s steak substitute coming to grocery stores
Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, J...
Kroger agrees to buy Albertsons for $24.6 billion
Rival grocers Kroger and Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares had...
How Kroger plans to win over regulators, investors
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Kroger knows it needs the blessing of investors and federal regulators to pull off...
JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters...
Stocks making the biggest moves premarket
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged ...
Albertsons merger with Kroger could be announced this week
Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC’s David Faber. Shares of Albertsons jumped and were briefly halted on Thursday morning after new...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
Weee taps Crazy Rich Asians director Jon M. Chu in push for grocery growth
Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and othe...
Chipotle, PG&E, Marathon Oil and CarMax
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies maki...
PG&E, Hewlett Packard Enterprise, CarMax and more
Take a look at some of the biggest movers in the premarket: PG&E (PCG) – The California utility’s shares jumped 2.3% in the premarket after it reached legal settlements over two fires in Nor...
Own stocks that are cheap on a price to earnings basis
CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. “In this env...
Bowery’s vertical farming strawberries go on sale in New York
Bowery Farming’s Chief Commercial Officer Katie Seawell holds up two different varieties of strawberries grown by the vertical farming company in its Kearny, NJ farm. The company is debuting ber...
Walmart makes an investment in vertical farming start-up Plenty
Plenty uses vertical farming to grow a high volume of leafy greens year-round. It plans to use the technology to grow other crops, including strawberries and tomatoes. Photo: Spencer Lowell for Plenty...
Illumina, Rivian, Juniper Networks and more
Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued a 2022 revenue outlook that exceeded consensus analysts’ estimates, noting strong demand for its gen...
Empty grocery shelves return as sick employees, supply chain delays collide
Bread aisle shelves at a Target are seen nearly empty as the U.S. continues to experience supply chain disruptions in Washington, U.S., January 9, 2022. Sarah Silbiger | Reuters Empty shelves have ret...
General Electric, Rivian, Illumina and more
Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Illumina – Illumina shares surged 12.7% a day after the biotechnology co...
‘Odd time’ for markets but earnings matter again
CNBC’s Jim Cramer on Friday outlined his game plan for next week after Wall Street concluded its first five trading sessions of 2022. The “Mad Money” host said it’s “a bi...