Kroger price target raised to $75 from $70 at BofA
BofA raised the firm’s price target on Kroger (KR) to $75 from $70 and keeps a Buy rating on the shares. While the firm believes…
The IQ Merger Arbitrage ETF (MNA) seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. The fund is non-diversified.
BofA raised the firm’s price target on Kroger (KR) to $75 from $70 and keeps a Buy rating on the shares. While the firm believes…
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Grocery Dive predicted that food retailers would focus on refining omnichannel, boosting e-commerce and ramping up in-store experiences. So how’d we do? Read More Yahoo!…
Kristi Argyilan spent the past three years building Albertsons’ ad unit, which is at a point of uncertainty following the collapse of the proposed Kroger…
NEW YORK, December 19, 2024--Hess to Participate in Goldman Sachs Energy, CleanTech and Utilities Conference Read More Yahoo! Finance: HES News
The grocer named an interim head following the departure of Kristi Argyilan, who worked with the grocer for nearly four years and led Albertsons Media…
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The companies’ failed merger is a stark reminder of the risks food retailers face as they position themselves in a rapidly changing market, analysts said.…
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UBS analyst Mark Carden lowered the firm’s price target on Albertsons (ACI) to $24 from $27 and keeps a Neutral rating on the shares. The…
Grocery stores have notoriously narrow profit margins. Here’s the metric that points to where those margins are headed. Read More Yahoo! Finance: ACI News
“Kroger’s conduct created frustration and distrust among regulators … and ultimately caused an unprecedented litigation onslaught,” Albertsons claims in a newly unsealed lawsuit. Read More…
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Albertsons Stays in the Game with a $22 Target--Despite the $20B Merger Mess and Rising Competition Read More Yahoo! Finance: ACI News
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Antitrust enforcers have successfully blocked the merger of Kroger and Albertsons a deal that would have brought the two largest U.S. supermarket chains together. Now…
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In an unsealed complaint, Albertsons claims that Kroger’s hubris and reluctance to divest of stores sank their merger; Kroger has said its rival breached the…