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Wall Street is bailing on Costco after Amazon"s deal for Whole Foods

Deutsche Bank lowers its rating on Costco to hold from buy, citing increasing competition from Amazon......»»

Category: topSource: moneycentralJun 19th, 2017

One Wall Street Analyst Thinks Costco's Amazon Troubles Are Overblown - Fortune

FortuneOne Wall Street Analyst Thinks Costco's Amazon Troubles Are OverblownFortuneThe slide came in the wake of the June 16 announcement that Amazon would acquire Whole Foods. But analysts fo.....»»

Category: topSource: googlenews12 hr. 8 min. ago

Amazon (AMZN) vs. Walmart (WMT): Which Stock Is The Better Buy?

With Wall Street scrambling to digest Amazon's AMZN shocking acquisition of Whole Foods WFM, the retail industry is once again in the spotlight, and perennial Amazon competitor Walmart WMT is already starting to feel the effects of the deal. read more.....»»

Category: blogSource: benzingaJun 19th, 2017

Wall Street"s M&A Chatter From June 16-18: Amazon-Whole Foods, Walmart, Norsat International

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday, June 16, through Sunday, June 18, 2017. Amazon to Acquire Whole Foods for $42/Share The Deal: read more.....»»

Category: blogSource: benzingaJun 19th, 2017

Amazon deal rocks Wall Street

Major U.S. stock indexes ended little changed on Friday even as Amazon $13.7 billion deal to buy upscale grocer Whole Foods roiled the retail sector. Fred Katayama reports......»»

Category: videoSource: reutersJun 16th, 2017

Amazon Scoops Up Whole Foods in $13.7 Billion Deal

E-commerce giant Amazon (AMZN) shocked Wall Street o.....»»

Category: topSource: zacksJun 16th, 2017

Wall Street dips as Amazon-Whole Foods deal slams retailers

(Reuters) - U.S. stocks dipped on Friday as shares of Wal-Mart and other retailers were hammered after Amazon.com announced its entry into the brick-and-mortar retail business with its $13.7 billion deal to buy upscale grocer Whole Foods......»»

Category: topSource: reutersJun 16th, 2017

Wall Street dips as Amazon-Whole Foods deal slams retailers

Amazon shares were up 3.4% at $997.84, while Whole Foods surged 27.7%.....»»

Category: topSource: business-standardJun 16th, 2017

Markets Right Now: Grocer stocks plunge on Whole Foods deal

Major U.S. indexes are slightly lower in early trading on Wall Street, but grocery stores and wholesalers are plunging after Amazon said it would buy Whole Foods Market......»»

Category: topSource: abcnewsJun 16th, 2017

One Wall Street Analyst Thinks Costco’s Amazon Troubles Are Overblown

"It does not materially impact Costco's unique business model" A Wall Street analyst says he is bullish about Costco stock despite the potentially disruptive merger between Amazon and Whole F.....»»

Category: europeSource: fortune10 hr. 53 min. ago

Amazon's Blockbuster Deal for Whole Foods Means Almost Nothing to Costco, Analyst Hints - TheStreet.com

TheStreet.comAmazon's Blockbuster Deal for Whole Foods Means Almost Nothing to Costco, Analyst HintsTheStreet.comShares of C.....»»

Category: topSource: googlenews17 hr. 23 min. ago

"Time to say goodbye": Hopes are fading that a bidder will battle Amazon for Whole Foods (WFM)

APWall Street is giving up hope that another bidder will challenge Amazon's $13.7 billion deal to buy Whole Foods......»»

Category: topSource: businessinsider18 hr. 38 min. ago

Costco Stock Suffers Massive Slide after Amazon-Whole Foods Deal

The big-box retaile.....»»

Category: europeSource: fortuneJun 24th, 2017

Amazon (AMZN) vs. Walmart (WMT): Which Stock Is The Better Buy?

With Wall Street scrambling to digest Amazon's (AMZN) shocking acquisition of Whole Foods (WFM), the retail industry is once again in the spotlight. With that said, let's put AMZN head-to-head against .....»»

Category: topSource: zacksJun 19th, 2017

Could there be a bidding war for Whole Foods?

Shares of Whole Foods are now trading at a higher price than what Amazon has offered to pay for it. That could be a sign that Wall Street believes another retailer might want to swoop in with a counteroffer for the organic grocery chain......»»

Category: topSource: cnnJun 19th, 2017

European stocks buoyed by French election outcome

Asian shares were higher in subdued trading Monday, after Wall Street ended last week barely higher as Amazon's purchase of Whole Foods sent some retailer stocks downward......»»

Category: topSource: foxnewsJun 19th, 2017

Costco Downgraded After Amazon-Whole Foods Deal

Zacks.....»»

Category: topSource: redinewsJun 19th, 2017

Global shares higher in subdued trading on Wall Street rise

Asian shares were higher in subdued trading Monday, after Wall Street ended last week barely higher as Amazon's purchase of Whole Foods sent some retailer stocks downward......»»

Category: topSource: foxnewsJun 19th, 2017

Asia shares higher in subdued trading after Wall Street rise

Asian shares were higher in subdued trading Monday, after Wall Street ended the week barely higher as Amazon's purchase of Whole Foods sent some retailer stocks downward......»»

Category: topSource: foxnewsJun 18th, 2017

Costco Downgraded After Amazon-Whole Foods Deal

On Friday afternoon .....»»

Category: futuresSource: nasdaqJun 17th, 2017

Costco Downgraded After Amazon-Whole Foods Deal

On Friday afternoon, Goldman Sachs Analyst Matthew Fassler downgraded Costco Wholesale Corp. COST from "buy" to "neutral." Fassler also reduced the price target from $197 to $176 as Costco fell 7.2% at Friday's trading close. read more.....»»

Category: blogSource: benzingaJun 16th, 2017