Senator Elizabeth Warren and Congressman Adam Schiff have called on the FTC and the Department of Agriculture to investigate Albertsons and other large grocery chains for potential unfair pricing.
Sen. Elizabeth Warren (D-Mass.) and Rep. Adam Schiff (D-Calif.) are calling on administration officials to investigate Albertsons and other major grocery chains for “predatory practices” they ...
The multitude of court cases surrounding Kroger Co.’s efforts to acquire rival Albertsons Cos. Inc. for $24.6 billion are finally coming to a close. But there are more steps to come. STORY ...
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Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination ...
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings. The Boise, Idaho-based company had net ...
Albertsons (NYSE:ACI) is likely worth $21 a share if its almost $25 billion sale to Kroger (KR) is blocked by a court after the Federal Trade Commission sued to stop the combination earlier this ...
I have long had conflicting thoughts about the deal. Having said that, I have been very bullish about Albertsons Companies in general. On the one hand, the transaction goes through and shares spike.
As the grocer continues to defend itself in court against three antitrust lawsuits aiming to block its acquisition by Kroger, Albertsons stock jumped about 1% on Tuesday, following the release of ...
Albertsons' identical sales increased 2.5%, with digital sales up 24%, while lower fuel sales offset overall gains. CEO Vivek Sankaran highlighted headwinds from wage investments, lower-margin ...
Kelly Bania, an analyst from BMO Capital, maintained the Hold rating on Albertsons Companies (ACI – Research Report). The associated price target is $19.00. Kelly Bania has given his Hold rating ...