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Headline News

Albertsons Deal Means Rite Aid Gets 18 Cents a Share, Not $6.50 - Bloomberg

3h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (139-2)

WMT Stock Price - Walmart Inc. Stock Quote (U.S.: NYSE) - MarketWatch

4h marketwatch
U.S. stocks closed lower on Tuesday, with the Dow falling back below 25,000 as losses accelerated in the afternoon. The Dow Jones Industrial Average lost 260 points, or 1%, to 24,960. The S&P 500 was down 16 points, or 0.6%, to 2,716. The Nasdaq Composite Index slipped 0.1%, or 5 points, to 7,234. Both the Dow and the S&P are coming off six-day rallies, while all three posted their biggest one-week percentage gain in years last week. (225-0)

Albertsons Buys Rite-Aid: Its Last Best Hope - Bloomberg

4h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (220-1)

Amazon has quietly launched an exclusive line of over-the-counter health products

5h cnbc
Amazon has quietly launched an exclusive line of over-the-counter health products in a possible challenge to pharmacy retail chains that could spark a price war and put pressure on store-brand profit margins. (196-0)

Privately Held Albertsons Companies to Merge with Rite Aid

8h editors.aws.marketrealist
The privately held Albertsons Companies, one of America’s leading grocery chains, announced its merger with drugstore chain Rite Aid (RAD) on February 20, 2018. The deal includes that part of Rite Aid that hasn’t already been sold to Walgreens. (137-0)

COMP - NASDAQ Composite Index - MarketWatch

10h marketwatch
U.S. stock benchmarks drifted lower at the open on Tuesday, with investors finding few reasons to keep pushing shares higher following a six-session rally that gave indexes their biggest one-week percentage gain in years. The Dow Jones Industrial Average was off 90 points, or 0.3%, at 25,142, the S&P 500 index was off 0.2% at 2,727. The Nasdaq Composite Index , meanwhile, was off 0.2% at 7,227. Wall Street investors are watching a rising dollar and climbing bond yields, both of which could make equities less attractive at current levels, even as macroeconomic conditions and corporate earnings are still seen as strong. (137-0)

Walmart Tumbles After Flagging Online Growth Jolts Investors - Bloomberg

10h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (186-0)

Dow industrials retreat as investors kick off trade following long holiday weekend - MarketWatch

10h marketwatch
U.S. stock benchmarks drifted lower at the open on Tuesday, with investors finding few reasons to keep pushing shares higher following a six-session rally that gave indexes their biggest one-week percentage gain in years. The Dow Jones Industrial Average DJIA, -0.39% was off 90 points, or 0.3%, at 25,142, the S&P 500 index SPX, -0.20% was off 0.2% at 2,727. The Nasdaq Composite Index COMP, +0.08% meanwhile, was off 0. (2-0)

Albertsons to Buy Rite Aid in Cash-and-Stock Drugstore Deal - Bloomberg

12h bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (222-1)

Albertsons to acquire Rite Aid in defense move against Amazon

13h cnbc
Grocery chain Albertsons is planning to acquire the remainder of Ride Aid that isn't being sold to Walgreens Boots Alliance. (138-0)

Albertsons will buy chunk of Rite Aid that isn't going to Walgreens: WSJ - Channel NewsAsia

15h channelnewsasia
REUTERS: U.S. grocery chain operator Albertsons Companies Inc plans to buy the part of Rite Aid Corp that is not being bought by Walgreens Boots Alliance Inc , the Wall Street Journal reported on Tuesday. (137-0)

Albertsons will buy chunk of Rite Aid that isn't going to Walgreens: WSJ

15h reuters
(Reuters) - U.S. grocery chain operator Albertsons Companies Inc (ABS.N) plans to buy the part of Rite Aid Corp (RAD.N) that is not being bought by Walgreens Boots Alliance Inc (WBA.O), the Wall Street Journal reported on Tuesday. (137-0)

Premarket: 5 things to know before the bell

15h money.cnn
The Dow Jones industrial average and S&P 500 are set to start trading on the back foot following a six-day winning streak. (224-0)

6 Most Important Things In Business Today

15h 247wallst
General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge of the matter said. (426-0)

Albertsons to buy remainder of Rite Aid - MarketWatch

18h marketwatch
Albertsons Cos. plans to buy the rest of Rite Aid Corp. that isn’t being sold to Walgreens Boots Alliance Inc. as retailers of all stripes scramble to respond to a rapidly changing consumer shopping landscape. (137-0)


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