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.
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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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 ...
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 ...
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 (NYSE:ACI) rose 3% after Wells Fargo raised its rating to overweight as the firm sees a "compelling value opportunity" as the resolution of its sale to Kroger (KR) nears its conclusion ...
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 ...
No-moat Albertsons, with its network of over 2,200 stores, operates as one of the largest grocery retailers in the United States. After purchasing over 600 Albertsons stores in 2006, Cerberus ...
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 ...
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 ...
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 ...