S&P Raises Its Outlook on Tapestry After Capri Deal Falls Through
The credit rating agency switched Tapestry to stable from negative after it paid back $6.1 billion in debt taken on to complete the acquisition. Read…
IQ Merger Arbitrage ETF (MNA)
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.
Jefferies upgrade supermarket chain Kroger to ‘buy”
Investing.com -- Jefferies has upgraded Kroger Company (NYSE:KR) to "buy," as it views the grocery chain’s valuation would grow regardless of whether its pending merger…
Why Wall Street analysts are mixed on Kroger-Albertsons deal
The potential merger between Kroger (KR) and Albertsons (ACI) is drawing mixed reviews from Wall Street analysts. Jefferies analysts upgraded Kroger from Hold to Buy,…
Amedisys falls as divestiture buyer in sale to UnitedHealth has legal judgement against it
Post Content Read More AMED, UNH AMED - News and Analysis from Seeking Alpha
Kroger bull vs bear: Jefferies remains positive but BMO downgrades to Market Perform
Post Content Read More KR, WMT, COST, AMZN, ACI ACI - News and Analysis from Seeking Alpha
Home For The Holidays
Post Content Read More DOC, WELL, VTR, BXMT, RITM, RPT, INVH, WSR, BDN, DEA, SUNS, EXR, SLG, VNQ, RQI, RNP, IYR, XLRE, RFI, KBWY, SCHH,…
Tracking Dan Loeb’s Third Point Portfolio – Q3 2024 Update
Post Content Read More GOOG, AIG, IFF, KBH, UBER, VZ, ICE, LYV, CRH, TDS, PCG, AMZN, DHR, VST, BBWI, MSFT, META, TSM, AAP, J, APO,…
What Analysts Think of Kroger Stock Ahead of Earnings
Kroger is set to report third-quarter results ahead of market open Thursday, with the grocery giant awaiting a decision on the FTC's legal challenge to…
Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes
The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the…
Executive reshuffles: CGC, ADSK, KSS and ANF
Post Content Read More KSS, ADSK, CGC, WEED:CA, ANF, MKC, SMG, CPRI CPRI - News and Analysis from Seeking Alpha
Why Is Hess (HES) Up 9.1% Since Last Earnings Report?
Hess (HES) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. Read More Yahoo!…
Shuffle Board: Kohl’s CEO to Retire, Capri’s CEO to Lead Michael Kors
Retail veteran Ashley Buchanan succeeds Kohl’s CEO Tom Kingsbury. Read More Yahoo! Finance: CPRI News
The 2 drivers behind inflation in luxury brand prices
The holiday shopping season has arrived, kicking off with Black Friday promotions and deals being pushed by companies across industries. Former LVMH (MC.PA, LVMUY) Chairman…
Kroger, Albertsons gained upper hand with Colorado workers through unlawful pact, lawsuit claims
The union for the chains’ employees had a weaker hand in negotiating wages because Albertsons agreed not to poach its rival’s workers during a strike,…
Colorado grocery workers sue Kroger, Albertsons over no-poach allegations
The lawsuit follows accusations by state attorney general in antitrust lawsuit Read More Yahoo! Finance: ACI News
‘Bunker’ and ‘Booster’ stocks in the U.S. – Which would perform better in a downturn vs. upturn?
Post Content Read More PBUS, COST, AEP, WEC, ATO, EQT, LNG, EXPE, FCX, MCD, HD, VLO, APA, PG, ACN, PEP, ABT, FI, HAL, HES, ADBE,…
Capri shuffles leadership at Michael Kors
Chairman John Idol takes over the CEO spot from Cedric Wilmotte, who is leaving the organization as part of an expense reduction initiative. Read More…
Citi Upgrades Chevron to ‘Buy’ with 29% Valuation Discount, $40 Target Lift
Chevron's $53B Deal and Namibia Exploration Propel Citi's 'Buy' Rating Read More Yahoo! Finance: HES News
Philippa Newman named product chief at Michael Kors, brand CEO Wilmotte to depart
Post Content Read More CPRI CPRI - News and Analysis from Seeking Alpha
John Idol Steps In as CEO of Michael Kors, Cedric Wilmotte Departs
Idol takes back direct control to turn around the brand, which struggled during Tapestry’s aborted $8.5 billion takeover of Capri. Read More Yahoo! Finance: CPRI…
Citi upgrades Chevron to ‘buy’ on valuation gap, ‘superior growth’ prospects
Investing.com -- Citi on Tuesday upgraded Chevron Corp (NYSE:CVX) to “buy” from “neutral” on valuation gap with peer, with upside from exploration in Namibia and…
Michael Kors Reorganizes Leadership Team
LONDON, November 26, 2024--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, announced today that Michael Kors is reorganizing its leadership team. John D. Idol,…
Albertsons Companies, Inc. (NYSE:ACI) is a favorite amongst institutional investors who own 53%
Key Insights Given the large stake in the stock by institutions, Albertsons Companies' stock price might be vulnerable... Read More Yahoo! Finance: ACI News
Starbucks, Other Retailers Hit by Ransomware Attack on Tech Provider
A ransomware attack against a major supply chain technology provider left retailers including Starbucks and U.K. grocery chain Sainsbury’s scrambling to manage operations including scheduling…
Kroger’s Marketing Chief to Lead Consumer-Analytics Firm Circana
Stuart Aitken, who will become Circana’s CEO on Jan. 1, plans to use AI to forecast consumer trends, calling the technology ‘a massive growth opportunity.’…
JPMorgan updates its U.S. Analyst Focus List – Adds TPR, ALRM, REG
Post Content Read More SP500, ETR, EQT, LNG, AMZN, SCHW, MSFT, T, GM, MCD, BAC, BBY, KMX, ANF, TPR, SPGI, CAT, DHR, PHM, LLY, LOW,…
Despite Improvements, Traeger Isn’t Ready For An Upgrade Just Yet
Post Content Read More IRBT, ATER, SN, HELE, WOR, COOK, Daniel Jones IRBT - News and Analysis from Seeking Alpha
SA quant grades ranks 20 JPMorgan overweight consumer stock picks
Post Content Read More MCD, TJX, UAL, GM, BBY, ANF, TPR, PHM, LOW, RCL, PVH, AXL, ULTA, CZR, DKNG, ELF, CVNA, ACI, BRBR, KVUE ACI…
Kroger’s names new merchandising chief
Post Content Read More KR, ACI ACI - News and Analysis from Seeking Alpha
Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes
The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the…
