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The Latest Breaking News from Kroger

Kroger, Albertsons forge $24.6 billion grocery giant combination

Kroger Co. agreed to buy Albertsons Cos. in a deal with an enterprise value of $24.6 billion that would create a U.S. grocery giant with almost 5,000 stores and annual revenue of about $200 billion.

Tribune News Service

Kroger is promising to lower prices after its proposed acquisition of Albertsons

Kroger says it'll lower prices if it's allowed to buy Albertsons, but consumer watchdogs are skeptical.

Axios

Stock Market Closes Near Lows; Dow Manages To End The Week With A Gain

The stock market held onto big losses in afternoon trading. A healthcare stock was one of only three positive Dow stocks today.

Investors Business Daily

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Biden Asked OPEC+ To Delay Output Decision, Elon Musk Faces Federal Probe Over Twitter Deal, Netflix Ad-Supported Plan: Top Stories Friday, Oct. 14

Reuters Twitter Says Elon Musk Under Federal Probe Over $44B Twitter Deal, In Court Filing

Benzinga

Kroger and Albertsons plan merger to combine 2 largest supermarket chains

The $25-billion deal is likely to draw intense scrutiny from federal regulators and critics as it would form a new supermarket colossus at a time of soaring food costs.

WEKU

Jewel, Mariano’s owners announce $20 billion merger

Kroger and Albertsons, two of the nation’s largest grocers, have agreed to merge in a deal that would help them better compete with Walmart, Amazon and others that have stepped into the grocery business.

Chicago Sun-Times

Kroger snaps up Albertsons in grocery megamerger

The deal for two of the nation's largest grocery chains is valued at $24.6 billion.

Axios

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Kroger Stock Showing Improved Relative Strength In Current Market

A Relative Strength Rating upgrade for Kroger shows improving technical performance. Will it continue?

Investors Business Daily

Benzinga's Top Ratings Upgrades, Downgrades For October 10, 2022

Upgrades

Benzinga

New ‘Striketober’ looms as US walkouts increase amid surge in union activity

Support for unions is on the rise as workers take action to raise pay and conditions amid booming company profits

The Guardian - US

GM Unit BrightDrop Debuts Electric Cart For Hauling Groceries

Built on BrightDrop's Trace Platform, the temperature-controlled Trace Grocery is said to streamline order fulfillment and pickup for online grocery purchases.

InsideEVs

GM's BrightDrop electric cart will appear in Kroger stores for grocery pickup

BrightDrop, the General Motors Co. business focused on delivery and logistics, is introducing the eCart, a new product that will help streamline online grocery order fulfillment, the company says.

Tribune News Service

Kroger Stock Upgraded, Shows Rising Relative Strength

Kroger shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 72 to 82.

Investors Business Daily

1 Stock with an Excellent Track Record to Buy Now

Leading grocery retailer Kroger (KR) reported robust second-quarter financials and raised its full-year guidance. The company’s diversified business model positions it well to stay resilient during the current uncertain market conditions. Moreover, the company has increased its quarterly dividends by 12.9% CAGR over the past five years. Thus, we think…

StockNews.com

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The Independent UK

Cheaper gas likely slowed high US inflation for a 2nd month

A sign that the painful inflation of the past 18 months may be gradually easing could come Tuesday, when the government is expected to report that the acceleration in U.S. prices slowed in August compared with a year ago for a second straight month

Investors Business Daily

Supermarket Giant Kroger Stock Hits 80-Plus Relative Strength Rating Benchmark

Kroger shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 71 to 87.

Benzinga

Large Premarket Seller For Kroger Shares Spotted Friday: Trading The Grocer's Q2 Earnings

There are several critical aspects of the PreMarket Prep show that no other financial media has even a clue about. One of those is interpreting order flow and the price action in premarket and after-hours trading.

Investors Business Daily

Dow Jones On Pace For Third Straight Gain; Two Software Firms Pop On Earnings

The S&P 500 retook its 50-day moving average. A rebound in oil continues.

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Investors Business Daily

Dow Jones Rallies As Oil Prices Rebound; DocuSign, Zscaler Soar On Earnings

The Dow Jones Industrial Average rallied 150 points Friday morning, as U.S. oil prices rebounded. DocuSign and Zscaler soared on earnings.

Investors Business Daily

Kroger Stock Shows Market Leadership With Jump To 86 RS Rating

Kroger shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 73 to 86.

USA Today Sports Media Group

Annika Sorenstam has paid her dues in golf, now she pays it forward

"I've had mentors in my life, people that I've looked up to...so this is a way to pay it forward and say thank you."

Investors Business Daily

Kroger Stock Showing Big Move On Its Rising Relative Price Strength

Kroger sees its Relative Strength Rating move into the 80-plus level.

Tribune News Service

Walmart’s online grocery lead on Amazon and Instacart is strengthening

Walmart holds a comfortable lead as the largest online U.S. grocer, according to the new national e-commerce forecast from Insider Intelligence, but there’s a fierce battle for No. 2 between Amazon and Instacart.

StockNews.com

4 Stocks to Buy in the Hottest Sector Right Now

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

Tribune News Service

Gun buybacks are popular. But are they effective?

Two weeks ago, more than 160 gun owners in Richmond, Virginia, turned in 474 firearms in the city’s first-ever gun buyback event. City officials offered Walmart, Amazon and Kroger gift cards in various amounts for different unwanted firearms: $250 for assault-style weapons, $200 for handguns, $150 for rifles and $25…

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