Hints and tips:
...Still, the longer-term pipeline wasn’t exactly stuffed, he conceded. Lex isn’t convinced by the many rumours that it will be fintechs that break open London’s listing market this year....
...In recent months, the regulator sued Apple for allegedly building a monopoly in the smartphone market and it also sued to block Kroger’s acquisition of Albertsons — the largest supermarket merger in US history...
...The FTC is suing to stop the big Albertson’s-Kroger grocery merger. I’m not sure what to think about this....
...The gains the UAW made last autumn impressed workers such as Kassie “KC” Albertson, who has been employed at Troy for a decade....
...“It’s not only Aldi doing this deal, you’ve got Kroger and Albertson looking to merge.”...
...But observers of the US economy will find much to think about in some smaller companies this week: the trucker JB Hunt, the grocer Albertsons, Snap-on tools, assorted regional banks....
..., United Airlines Q3, Volvo Q3, Whitbread H1, Wipro Q2 Thursday France: October business confidence data US: Conference Board Leading Index Results: AJ Bell trading update, American Airlines Q3, AT&T...
...Don’t miss the first issue of our new Central Banks newsletter today....
...(Construction Physics) — The smash and grab of Kroger-Albertsons (BIG by Matt Stoller) — RNS watch: Naked Wines does its post-Covid pivot; Dunelm’s in line; Travis Perkins is a bit cautious; Jupiter says...
...“If I had known who Jeffrey Epstein really was, there is absolutely no doubt that I wouldn’t be in the position I am in today,” Staley said in a statement....
...And just like the first time round, Musk’s tweet apparently wasn’t written in stone....
...So long as competition watchdogs don’t crash the feast....
...JPMorgan, which has expressed regret for banking Epstein but did not admit any liability, didn’t comment on the latest filings....
...It didn’t go as planned....
...Elara’s connections to Adani, for what it’s worth, aren’t hidden....
...Steiner also told analysts that a recent agreement by US food retailer Kroger to merge with rival Albertsons was “extremely positive”, though he stressed it was still subject to regulatory and other approvals...
...“You don’t find out who’s been swimming naked until the tide goes out,” Warren Buffett famously said....
...US grocer Kroger has agreed to acquire rival Albertsons for $24.6bn....
...“They’re busier than they’ve ever been but they can’t find the people to ship out what they’ve already produced,” he said....
...After Prop 22 passed in California, Albertsons, the supermarket chain, informed delivery driver employees they would be replaced by contractors....
...“To paraphrase the late great Sir Brian Pitman, sometimes some markets don’t produce any winners"....
...Vivek Sankaran, chief executive of grocer Albertson’s, said while inflation would be above trend in the first half of the year, it would drop back to 1 to 2 per cent towards the end of 2021....
...“I never imagined that we’d be sitting here today with a consumer that is sitting on $1.8tn of excess savings,” Albertson’s chief executive Vivek Sankaran admitted to analysts....
...Governments don’t have that capital....
...“We just shouldn’t treat them as if they’re disposable, that they don’t deserve the testing and equipment that’s necessary to protect them. That’s just wrong.”...
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