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Summer Break: Why Ford, GM And Fiat Chrysler Close Plants Every Summer
Tuesday, June 20, 2017 - 10:07am | 431It’s widely advised that if you like your summer recess, become a teacher. But being one of the top Detroit auto factory employees works, too. The latter traditionally enjoys a two-week hiatus each summer. Historically, General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Fiat...
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3 Key Factors Left For Debate In The Amazon–Whole Foods Story
Tuesday, June 20, 2017 - 8:31am | 395While Amazon.com, Inc. (NASDAQ: AMZN) announced the acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) Friday, many investors started to question how Amazon would position itself in the grocery retail industry. After looking at and trying to answer these questions, UBS analyst Eric Sheridan...
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Jeff Bezos: Champion Of The Poor?
Monday, June 19, 2017 - 4:03pm | 644Jeff Bezos is looking to put his $84.9 billion to good use. Request for ideas… pic.twitter.com/j6D68mhseL — Jeff Bezos (@JeffBezos) June 15, 2017 The polymath owner of the Washington Post and CEO of Amazon.com, Inc. (NASDAQ: AMZN) and Blue Origin tweeted Thursday a request for...
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Why Amazon's Purchase Of Whole Foods Will Be A Slight Negative For Vantiv
Monday, June 19, 2017 - 3:40pm | 502Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a "mild negative" to Vantiv Inc (NYSE: VNTV), according to analysts at Baird. Baird's David Koning maintains an Outperform rating on the payment processor with an unchanged $72...
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United Natural Foods Investors Have 'Misplaced Comfort' Following Amazon–Whole Foods Tie Up
Monday, June 19, 2017 - 2:35pm | 491What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN) acquisition of the organic and natural grocery chain Whole Foods Market, Inc. (NASDAQ: WFM) have on its supplier United Natural Foods, Inc. (NASDAQ: UNFI)? Pivotal Research's Ajay Jain commented in a research report that there might be...
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Amazon's Bid For Whole Foods Has Wide-Spanning Implications For US Transportation Companies
Monday, June 19, 2017 - 1:54pm | 710Even as analysts are working overtime analyzing the implications of Amazon.com, Inc. (NASDAQ: AMZN)'s deal to buy Whole Foods Market, Inc. (NASDAQ: WFM) for the retail sector, Deutsche Bank looked at what the proposed M&A transaction means for the transportation sector. Huge...
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Jeff Bezos Isn't Afraid Of Failing
Monday, June 19, 2017 - 12:43pm | 471Amazon.com, Inc. (NASDAQ: AMZN)'s decision to make its intentions in the grocery business clear is part of CEO Jeff Bezos' history of embracing risk and thinking it knows what consumers want before they even know it. The New York Times noted how Bezos has even earned himself a reputation of...
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The Sell-Side Response To Amazon–Whole Foods Deal
Monday, June 19, 2017 - 10:28am | 679Amazon.com, Inc. (NASDAQ: AMZN) announced its continued foray into the brick-and-mortar space by announcing a deal to buy Whole Foods Market, Inc. (NASDAQ: WFM) for $42 per share in cash or a total transaction value of $13.7 billion, including the latter's debt. Following the...
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As Margin Threats Intensify, Kroger Shares May Be Past Their Expiration Date
Monday, June 19, 2017 - 10:18am | 538There’s no reprieve in sight for Kroger Co (NYSE: KR), which last week fell 26.5 percent on lowered fiscal 2017 guidance and Amazon.com, Inc. (NASDAQ: AMZN)'s announcement that it will acquire Whole Foods Market, Inc. (NASDAQ: WFM). Kroger's Take For its part, the company told...
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This Warranty Startup Wants To Compete With 'Greedy' Retailers
Friday, June 16, 2017 - 12:35pm | 440While working for a big-box company, Clarence Bethea needed service on his laptop, but he’d lost his receipt, and his warranty was nowhere to be found. Frustrated, he founded Upsie. The Minneapolis-based warranty company now protects thousands of customers and millions of dollars of...
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Can Apple's Mega Cycle Overcome Chinese Demand Issues?
Thursday, June 15, 2017 - 4:15pm | 403Apple Inc. (NASDAQ: AAPL)’s share of the Chinese midrange-segment smartphone market plunged from 31 percent to 15 percent in the year following March 2016, a phenomenon Barclays attributes primarily to competitive dynamics, coupled with a stall in demand. “If this continues, then a...
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The Unflinching Rise Of Amazon's Stock Price Begs 3 Questions
Thursday, June 15, 2017 - 1:34pm | 386Amazon.com, Inc. (NASDAQ: AMZN) seems unbeatable. It’s share price is up over 28 percent this year, 339 percent over the past five years, and currently sits at $957. Those numbers include the major tech sell-off on June 9, since which the stock has fallen 5.2 percent from $1011. This despite...
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Citi: Apple Could Benefit From An Athenahealth Acquisition
Thursday, June 15, 2017 - 1:19pm | 623Apple Inc. (NASDAQ: AAPL) is looking to turn the iPhone into a central repository for the entirety of a person’s health data, according to CNBC. Doing so would be a huge step above the current wellness tracking done by the Health app installed on iPhones and Apple Watches. The app can already...
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State Election Officials Baffled By Report 39 States 'Hit' By Russian Hackers
Thursday, June 15, 2017 - 1:16pm | 643State election officials are baffled by a Bloomberg report alleging that Russian hackers compromised the voting systems in 39 states, adding that cybersecurity firms were engaging in scare tactics to win state and local contracts to protect election systems. The June 13 Bloomberg story said that...
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Trump Warming Up To Yellen? Economists See High Odds Of Her Renomination
Thursday, June 15, 2017 - 12:11pm | 648As the din on the fourth interest rate hike in the current normalization cycle settles down, the focus shifts to whether the Federal Reserve will have a change of guard at the helm when the incumbent Janet Yellen completes her term on February 3, 2018. Keen On Serving Out The Full Term At the...