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☆ U.S. state attorneys general probing Kroger deal for Albertsons
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +2 min

[1/2] A customer leaves an Albertsons grocery store, as Kroger agrees to buy rival Albertsons in a deal to combine the two supermarket chains, in Riverside, California, U.S., October 14, 2022. REUTERS/Aude GuerrucciWASHINGTON, Oct 26 (Reuters) - A half dozen state attorneys general are digging into Kroger's (KR.N) planned acquisition of rival grocery chain Albertsons (ACI.N), District of Columbia Attorney General Karl Racine said on Wednesday. read moreRacine, along with attorneys general from Arizona, California, Idaho, Illinois and Washington state, also urged the chief executive of Albertsons to delay $4 billion in payments to shareholders until the state merger review is done and the deal closes. Albertsons, which owns Safeway and other grocery chains, said on Oct. 18 it would give shareholders a special dividend of up to $4 billion. An Albertsons spokesperson said in an emailed statement that the special dividend allows the company "to return cash to all of Albertsons Companies’ shareholders," adding that it would continue to be well-capitalized after the dividend is paid.

☆ If TikTok wants to compete with Amazon, building US fulfillment centers is a great way to fail, according to e-commerce logistics experts. Here's what to do instead.
▼ + stars: | 2022-10-25 | by ( Emma Cosgrove | Dan Whateley | ) www.businessinsider.com time to read: +7 min

TikTok is diving into e-commerce as it builds out a US fulfillment and shipping logistics team. As TikTok takes its initial steps into the physical side of e-commerce, several logistics experts told Insider not to expect the company to follow Amazon's playbook. "If you want to be anything like what Amazon has built you are $100 billion behind," Matthew Hertz, cofounder of e-commerce logistics consultancy Second Marathon, said. Shein is one Chinese company that has managed this transition successfully, by focusing on the niche but fast-growing field of cross-border e-commerce logistics. Japanese e-commerce company Rakuten acquired two US fulfillment companies in 2019 only to combine them and sell them back to the founder of one this year.

Four local chapters of the United Food and Commercial Workers (UFCW) International told Reuters they are assessing their options for lobbying and coordinated action against the deal, including potential strikes. Bryan Doherty, a spokesperson for the UFCW International, told Reuters it plans to request more information from the retailers about possible store closures and layoffs. On Monday afternoon, representatives of UFCW International met with nearly 100 local UFCW chapters on Zoom to discuss the merger and their collective response to it. Workers told Reuters that Kroger has not yet held conversations with the union to discuss the merger. Albertsons reached out to the union, offering to "keep lines of communication open," Mark Federici, president of UFCW local 400, told Reuters.

☆ Grocery deal could have European interloper
▼ + stars: | 2022-10-20 | by ( Aimee Donnellan | ) www.reuters.com time to read: +4 min

LONDON, Oct 20 (Reuters Breakingviews) - Good luck to Kroger and Albertsons (ACI.N) – U.S. lawmakers are already getting concerned about a deal. A European interloper could make deal plans even harder. If investors reckoned there was merit in a deal, Muller could also use equity to beef up the offer. So regulators wouldn’t have to worry about a larger Kroger shutting down competing Albertsons stores. Less overlap means fewer operational synergies, so a deal with Ahold might not look as lucrative.

The announcement by Democratic Senator Amy Klobuchar, chair of the Senate Judiciary Committee antitrust panel, and Republican Senator Mike Lee confirmed a previous report by Reuters. A Kroger spokesperson said the company looked forward to the hearing. "We welcome the opportunity to outline how this transaction will benefit America’s consumers by expanding access to fresh, affordable food," the company said in a statement. Register now for FREE unlimited access to Reuters.com RegisterSeparately, Klobuchar and fellow Democrats Richard Blumenthal and Cory Booker released a letter expressing concern about the deal. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Shepardson and Diane Bartz; Editing by Franklin Paul, Josie Kao and David GregorioOur Standards: The Thomson Reuters Trust Principles.

The spin-out structure would make it easier and faster for Kroger and Albertsons to divest stores if they cannot easily sell them outright, people familiar with the arrangement said. The companies may struggle to find many buyers because Albertsons' stores are unionized, making them less attractive to potential bidders such as private equity firms. Kroger and Albertsons are likely to shed their least profitable stores and keep the best ones to themselves, analysts said. That region contains the most store-overlap between Kroger and Albertsons and is where divestitures are most likely, according to analysts. They intend for the spun-off company to not carry any debt, the sources added.

☆ Wall St drops as consumer data stokes inflation worry
▼ + stars: | 2022-10-15 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

SummarySummary Companies JPM reports higher-than-expected Q3 profitS&P 500, Nasdaq post weekly declinesU.S. consumer sentiment edges up October; inflation ests. "The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%. Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data. The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.

☆ Top Republican on Senate antitrust panel promises oversight of grocery deal
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Oct 14 (Reuters) - The top Republican on a U.S. Senate antitrust panel, Senator Mike Lee, promised on Friday that there would be significant oversight of a plan by Kroger Co (KR.N) to buy rival Albertsons Cos Inc (ACI.N). "Utahns, like all Americans, are suffering from skyrocketing food prices," Lee said in a statement. "I will do everything in my power to ensure our antitrust laws are robustly enforced to protect consumers from anticompetitive mergers that could further exacerbate the financial strain we already feel in the grocery store checkout aisle." The $24.6 billion deal was announced Friday. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Diane BartzOur Standards: The Thomson Reuters Trust Principles.

☆ Wall St drops as inflation worries persist
▼ + stars: | 2022-10-14 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 7, 2022. REUTERS/Brendan McDermidSummarySummary Companies JPM reports higher-than-expected Q3 profitS&P 500, Nasdaq poised for weekly declinesU.S. consumer sentiment edges up October; inflation ests. Register now for FREE unlimited access to Reuters.com RegisterThe data came a day after a reading on consumer prices showed inflation remains stubbornly high. The Dow was on track to close out the week with a gain while the S&P 500 and Nasdaq were poised for weekly declines. The S&P 500 posted 5 new 52-week highs and 5 new lows; the Nasdaq Composite recorded 56 new highs and 171 new lows.

☆ Kroger has to win over Wall Street and Washington on its Albertsons deal – here's how it plans to do that
▼ + stars: | 2022-10-14 | by ( Melissa Repko | ) www.cnbc.com time to read: +5 min

In this article ACIKR Follow your favorite stocks CREATE FREE ACCOUNTA customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty ImagesKroger knows it needs the blessing of investors and federal regulators to pull off its $24.6 billion deal to buy rival grocery company Albertsons . If approved, the grocers would become a more formidable second place in terms of grocery market share behind Walmart . Together, the companies would capture nearly 16% of the U.S. grocery market, according to market researcher Numerator. That's because Wall Street has already seen a spree of grocer acquisitions — including some by Kroger and Albertsons — but no meaningful changes in profit margins.

From a broader national perspective, a combined Kroger and Albertsons does not pose any major threat to the competitive dynamics of the market." Kroger said it expects to reinvest about half a billion dollars of cost savings from deal synergies to reduce prices for customers. "The merger will accelerate our position as a more compelling alternative to larger and non-union competitors," Kroger Chief Executive Officer Rodney McMullen said. Goldman Sachs and Credit Suisse were the financial advisors to Albertsons, while Citigroup and Wells Fargo advised Kroger. Kroger will have to pay Albertsons $600 million if the deal is terminated.

☆ Stocks making the biggest moves premarket: Albertsons, JPMorgan Chase, Beyond Meat and more
▼ + stars: | 2022-10-14 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

JPMorgan Chase (JPM) – JPMorgan Chase shares added 2.3% in the premarket after beating top and bottom line estimates for the third quarter. The bank's results were boosted by higher net interest income, helping offset lower deal-making revenue and higher loan loss reserves. UnitedHealth Group (UNH) – The health insurer rose 1.6% in the premarket after beating top and bottom line estimates for the third quarter and raising its outlook. Nutanix (NTNX) – The cloud computing company's shares surged 15.9% in the premarket after the Wall Street Journal reported that Nutanix is exploring a possible sale. Beyond Meat (BYND) – Beyond Meat slumped 8.7% in the premarket after reducing its revenue outlook and announcing another round of job cuts, pointing to reduced demand for its plant-based meat products and increasing competition.

☆ What Cramer is watching Friday — Wells Fargo crushes it, bond yields sink on flat retail sales
▼ + stars: | 2022-10-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club holding Wells Fargo (WFC): net interest margin (NIM) in the third quarter 2.83% versus 2.68% expected. Revenue $19.51 billion versus $18.81 billion. Net interest income (NII) in Q3 $12.1 billion versus $11.6 billion expected. Guidance for Q4 NII $12.9 billion versus $12.42 billion expected. Q3 net interest income reported: $17.52 billion versus consensus $16.92 billion.

☆ Kroger to acquire rival Albertsons in near $25 billion deal
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: 1 min

Oct 14 (Reuters) - Supermarket chain Kroger Co (KR.N) said on Friday it will buy smaller rival Albertsons Companies Inc (ACI.N) in a $24.6 billion deal. Kroger said it will pay $34.10 for each Albertsons share, representing a premium of about 33% to the stock's last closing price on Wednesday, a day before media reports of a deal between the two surfaced. The merger would create a supermarket titan, bringing together more than 2,700 Kroger stores across the United States and over 2,200 Albertsons locations. The combined entity is expected to have annual sales of around $210 billion. Register now for FREE unlimited access to Reuters.com RegisterReporting by Deborah Sophia in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Mega merger talks turn spotlight on Kroger, Albertsons
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Oct 13 (Reuters) - Grocery giant Kroger Co (<KR.N>) is in talks to merge with smaller rival Albertsons Companies Inc (<ACI.N>), Bloomberg News reported on Thursday, in what would be one of the biggest deals in the U.S. retail landscape in recent years. A potential deal would create a combined company with a market cap of about $47 billion and nearly $210 billion in annual sales. Here are some key facts about the grocers:Register now for FREE unlimited access to Reuters.com RegisterReporting by Deborah Sophia in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. grocer Kroger in talks to merge with rival Albertsons - Bloomberg News
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

Oct 13 (Reuters) - U.S. grocery giant Kroger Co (KR.N) is in talks to merge with smaller rival Albertsons Companies Inc (ACI.N), Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of Albertsons rose 7% on the report, while Kroger's stock slipped. Kroger, which also houses supermarket chains such as Fred Meyer, Ralphs and King Soopers, trails Walmart Inc (WMT.N), the top grocer in the country. A deal could be reached as soon as this week, Bloomberg reported, adding that no final decision has been taken and talks could still be delayed or falter. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aishwarya Venugopal in Bengaluru; Editing by Shinjini Ganguli and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Ocado shares jump over 10% on Kroger/Albertsons merger report
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

Kroger is in talks to merge with Albertsons, Bloomberg News reported, citing people familiar with the matter. Register now for FREE unlimited access to Reuters.com RegisterOcado struck a deal with Kroger in 2018 to help the U.S. firm ratchet up its delivery business with the construction of robotically operated warehouses. The initial deal saw Kroger identify at least 20 sites to build automated warehouses, or customer fulfilment centres (CFCs) as Ocado calls them, in the United States. Ocado reported in May that six Kroger CFCs were live. Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ France's AXA commits up to 200 mln euros to Monte dei Paschi cash call - sources
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Factbox: Mega merger talks turn spotlight on Kroger, Albertsons, article with imageDeals · October 13, 2022 · 4:52 PM UTC · undefined ago · undefined agoGrocery giant Kroger Co (KR.N) is to merge with smaller rival Albertsons Companies Inc (ACI.N), Bloomberg News reported on Thursday, in what would be one of the biggest deals in the U.S. retail landscape in recent years.

☆ Factbox: Kroger-Albertsons merger to bring Fred Meyer, Safeway under one roof
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Oct 14 (Reuters) - Supermarket chain Kroger Co (<KR.N>) said on Friday it will buy smaller rival Albertsons Companies Inc (<ACI.N>) in a $24.6 billion transaction, in one of the biggest deals in the U.S. retail landscape in recent years. read moreThe merger would create a supermarket titan with expected annual sales of around $210 billion. Here are some key facts about the grocers:Register now for FREE unlimited access to Reuters.com RegisterReporting by Deborah Sophia in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

How to pay taxes with a credit cardYou'll have to pay your taxes through a third-party payment processor if you want to use a credit card, and they all charge credit card processing fees. You should only pay your taxes with a credit card if you can afford to pay off your credit card bill immediately. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE.

☆ Au muncit peste 17 ani în Germania, pentru a-și realiza visul - o fermă la țară; Povestea unei familii din Drochia
▼ + stars: | 2021-06-25 | by ( ) www.jurnal.md time to read: +3 min

Sursa foto: Jurnal TVAu muncit peste 17 ani în Germania, pentru a-și realiza visul - o fermă la țară; Povestea unei familii din DrochiaAu muncit peste 17 ani în Germania, pentru a-și realiza visul - o fermă la țară. Aliona Țurcanu a studiat medicina și a muncit în domeniu peste 20 de ani. El tot era lucrător medical și a lăsat medicina și a plecat. A muncit cot la cot cu tatăl său printre străini. S-a reîntors feciorul, a făcut 12 clase, a intrat la universitate, dar a învățat jumătate de an și a plecat și el peste hotare.

Persons: Țurcanu, Aliona Țurcanu, Alexandru, Alexandru . Femeia, An, Eu, Sandu, Familia Țurcanu Organizations: Acasă Locations: Germania, Drochia, Pelinia, Bulgaria

Când nu este nevoie de vizita la medic și eliberarea certificatului medical / Sursa:ACICând este nevoie de vizita la medic și eliberarea certificatului medical / Sursa:ACICopiii ai căror părinți/reprezentanți legali refuză vaccinarea, nu vor fi admiși în colectivitățile de copii, dar vor putea avea acces la procesul educațional în regim online. În cazul în care vaccinarea are loc conform calendarului individual de imunizări, educatorului/dirigintelui va fi prezentat certificatul corespunzător de la medicul de familie. Copiii care au contraindicații medicale temporare sau permanente la vaccinare, vor fi admiși în instituția educațională, în baza deciziei luate de către medicul de familie, după evaluarea riscurilor infecțioase. Cum procedați dacă vi se solicită abuziv să prezentați certificatul medical / Sursa:ACIAcest material apare cu susținerea financiară a Departamentului Justiție și Drepturile Omului al Fundației Soros-Moldova.

Organizations: Fundației Soros - Locations: Fundației Soros - Moldova

Astfel, comunicarea este o provocare a managementului, în care reacția trebuie sa fie strategică, promptă și reactivă, folosind comunicarea digitală ca o alternativă de viitor. Consumatorul trebuie sa fie informat corect și deplin, trebuie să fie de acord să recepționeze mesaje comerciale și să i se prelucreze datele cu caracter personal. Ludmila Andronic, Director Afaceri Corporative, Efes Vitanta Moldova Brewery: „În Republica Moldova am fost prima companie care a anunțat restricții pe teritoriul său din cauza pandemiei. Primul pas a fost sa instaurăm reguli generale pentru întreg grupul. Pentru noi a fost un pic mai ușoară trecerea la comunicare digitală, deoarece până atunci noi deja realizam ședințe online.

Persons: Webinarul, Rodica, Ludmila Gurău, Ludmila Andronic Organizations: Agenția, Facebook Invest Locations: Republica Moldova, Carolina, cofondatoare, Efes, Moldova, Facebook Invest Moldova

☆ Нацбанк занимает вакансии. Кому отдадут должности вице-президентов?
▼ + stars: | 2020-11-17 | by ( ) newsmaker.md time to read: +6 min

Глава Нацбанка Октавиан Армашу обратился 16 ноября к спикеру парламента Зинаиде Гречаной с просьбой рассмотреть на ближайшем пленарном заседании две кандидатуры на должности вице-президентов НБМ. Как известно, назначение новых вице-президентов Нацбанка — одно из условий заключения кредитного соглашения с МВФ. Позже в Нацбанке NM официально подтвердили информацию об этих кандидатах. Александр СавваТретий кандидат на должность вице-президента Нацбанка — глава Единого депозитария ценных бумаг Александр Савва. Отметим, что назначение новых вице-президентов Нацбанка — одно из последних двух условий, которые Молдова пока не выполнила для заключения кредитного договора с МВФ.

Persons: Ernst, Young Baker Tilly, Victoriabank, Young, Baker Tilly, Октавиан Армашу, Зинаида Гречаной, Константин Шкендре, Майе Пыркэлаб, Владимир Плахотнюк, Андриан Канд, Александр Савва, Армашу, Константин ШкендраШкендра, Аурел Чинчлей, Андриан Канду, Шкендры, Шкендра, Шкендру, Олег Воронин, Воронин, Шкендре, Виктор Фуртунэ, Майя ПыркэлабВторой, Майя Пыркэлаб, Ион Стурзу, Пыркэлаб, Канд, Канду, Плахотнюк, Владимир Головатюк, Головатюк, Александр СавваТретий, Кристина Харю, Савва Organizations: ACI Partners, Нацбанк, НБМ, ДПМ, Единый депозитарий ценных бумаг, МВФ, Партия социалистов, Нацкомиссия, Ассоциация банков Locations: ., Procreditbank, Шкендры, Молдова

Maia Pîrcălab, lucrează de aproape trei ani la BNM, fiind în prezent şefa Departamentului Reglementare şi Autorizare din cadrul autorităţii bancare. Candidatul este specialist în domeniul de audit financiar-bancar și supraveghere bancară, cu o experiență de muncă de peste 18 ani. A activat la Ernst & Young și a fost director executiv al Baker Tilly Klitou and Partners SRL din Moldova. Potrivit demersului guvernatorului BNM, Șchendra întrunește cerințele speciale prevăzute de lege pentru numire. În prezent trei funcţii de viceguvernator a BNM sunt vacante.

Persons: Constantin Șchendra, Aureliu Cincilei, Maia, Ion Sturzu, Maia Pîrcălab, Șchendra, Ernst & Young, Baker Tilly Klitou Organizations: ACI, Baker Tilly Klitou and, Banca Naţională, Banca, a Moldovei Locations: BNM, Republicii Moldova, Moldova

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