The FTC’s bid to block Kroger’s $25 billion acquisition of Albertsons will have a ‘chilling effect’ on dealmaking activity.
In this piece, we will take a look at the 16 best large cap value stocks to invest in in 2024. If you want to skip our overview of the latest stock market news, then you can skip ahead to 5 Best Large-Cap Value Stocks To Invest In in 2024. The stock market of 2024 […]
Mass-merchandise retailer Target is expected to post a drop in holiday quarter same-store sales, its third consecutive quarterly drop, when it reports results on Tuesday. The Minneapolis-based firm is expected to report a 4.6% drop in comparable sales for the holiday quarter and a 3.6% decline for the year, according to LSEG estimates. Facing competition from PDD Group's cross-border e-commerce site Temu, and Shein, a China-based direct-to-consumer retailer that has been gaining market share in the U.S., Target is taking steps to reach bargain-minded shoppers.