Whole Food shares keep rising, leading to bidding war speculation

Shockwaves in EU as Amazon gobbles up Whole Foods

Shockwaves in EU as Amazon gobbles up Whole Foods

"I think that they are a very profit-driven company, so there might be some streamlining as far as labor", said Sasha Hardin, 28, of the Mount Pleasant store, who has been with Whole Foods for 6-1/2 years.

"Kroger would have to pay in stock, and their stock has been hurting", giving them less leverage to get into a protracted bidding war with Amazon, Culpepper said.

Mr. Mackey likened Friday's deal announcement to an engagement, and "like an old traditional marriage, where there are all kinds of rules and chaperones, we can't consummate the marriage, until we're actually officially hooked up".

Even before the Whole Foods deal was announced, Piper Jaffray Micahel Lavery initiated coverage of General Mills, the maker of Cheerios, with an underweight.

California Highway Patrol officer rescues baby deer
The fawn had gotten its leg stuck in a drain and water runoff from morning thunderstorms was washing all over the baby deer. If you're a California Highway Patrol officer working in Truckee, you encounter a variety of calls unique to the area.

Turner pointed out in the note that Amazon (NASDAQ: AMZN) has already tried restaurant delivery - with "minimal success" - and that Grubhub and Whole Foods likely share a similar user base in terms of geography and demographics.

"Whole Foods was late in realizing private label's opportunity because they were enjoying the growth of the organic market", said the Citigroup report "There is significant opportunity there for Amazon". But the merger could be transformative on other fronts as Amazon makes Whole Foods a bigger part of its online presence and brings more competitive pricing to Whole Foods stores.

The web was awash with "Whole Foods sure is expensive!" jokes, and many speculated that Bezos had, in fact, purchased it accidentally on Alexa. "This is not a Tinder relationship". (LAUGHTER) And I said, "I know". On the contrary, to the best of anyone's knowledge many of Amazon's specific lines of business - including, notably, Amazon Web Services - are perfectly profitable.

The American online retailer said over the weekend it was snapping up the supermarket chain for US$13.7 billion (A$18 billion) in a shock move.

Tropical system expected in the Gulf of Mexico
This brisk motion which has been retarding the development of the system is forecast to continue over the next 24 - 36 hours. Once it reaches the Gulf, it is expected to develop into a tropical cyclone, according to the National Weather Service .

And so we will be joining a company that's visionary. Rather, it requires consumers to use an app called Amazon Go, to automatically include the products needed to be added to a digital shopping cart; and then simply exit without waiting long to check out, as per the source.

Any buyer of Whole Foods would likely argue that it was not in the same market, said Alden Abbott, an antitrust expert with the Heritage Foundation. "And together, these two companies are gonna do tremendous dreams together".

Whole Foods also might draw a rival offer from one or more large private-equity firms because "there's a tidal wave of money that's sloshing around" in that industry, said Eric Schiffer, chief executive of the Patriarch Organization, a private-equity firm that isn't involved with Whole Foods. "Ideally you want to avoid buying groceries out of impulse". "I have purchased from Amazon for five years".

We hope you're listening, Bezos.

Trump's job approval rating drops to 36%
Fifty-seven percent of GOP respondents approved of Trump's handling of the Russian Federation investigation. The president's approval rating, which has proven historically bad since he took office, has sunk again.

Recommended News

  • Nadal, Djokovic headline full French Open schedule on Sunday

    Nadal, Djokovic headline full French Open schedule on Sunday

    Gael Monfils also advanced in Paris when his compatriot Richard Gasquet retired midway through the third set. Open, was ousted by two-time major finalist Caroline Wozniacki 6-1, 4-6, 6-2, while 2011 U.S.

    The Sarepta Therapeutics, Inc. (SRPT) Stake Boosted by Tekla Capital Management LLC

    Emerald Mutual Fund Advisers Trust boosted its position in Sarepta Therapeutics by 50.2% in the first quarter. The stock of Sarepta Therapeutics Inc (NASDAQ:SRPT) earned "Outperform" rating by Wedbush on Tuesday, June 7.
    Confederations Cup: Germany too good for Socceroos in Russian Federation , winning 3-2

    Confederations Cup: Germany too good for Socceroos in Russian Federation , winning 3-2

    The three games this week, and August's World Cup qualifier in Japan, could come to define coach Ange Postecoglou's reign. Germany showed experience beyond their years to close out the encounter, concluding with nearly 60% possession.
  • Real Madrid president downplays Ronaldo's exit talk

    According to media reports Ronaldo is unsettled at Madrid because he believes Real did not back him as fully as he had hoped in his dispute with the taxman.
    'Unifier of Germany' Helmut Kohl passes away at 87

    'Unifier of Germany' Helmut Kohl passes away at 87

    Shortly after leaving office, Kohl's reputation was tarnished by a financing scandal in his center-right CDU, now led by Merkel. Kohl took power in 1982, leading West Germany into a new era which would result in the reunification of East and West Germany.

    UK moves to ease tensions after van attack on London Muslim

    On May 22, a suicide bomber killed 22 people at a concert by American pop singer Ariana Grande in Manchester in northern England. Britain has been hit by a series of attacks in recent months, including the van-and-knife attack on London Bridge on June 3.
  • President Macron to Reshuffle French Gov't After Parliament Win

    President Macron to Reshuffle French Gov't After Parliament Win

    The number of female politicians is the highest ever in France's lower house of parliament , reaching 38.7% - up from 26.8%. Macron wants to move quickly on relaxing labor regulations before overhauling France's unwieldy pension system next year.

    Won't take more U.S. tourists to North Korea, says Chinese travel agency

    South Korea's new president partially blamed North Korea for Warmbier's death in an interview with CBS This Morning on Tuesday. Moon said resuming dialogue with the North required certain preconditions without elaborating on what those conditions were.
    Gwen Stefani sends sweet birthday wishes to Blake Shelton

    Gwen Stefani sends sweet birthday wishes to Blake Shelton

    He later thanked his fans and everyone for wishing him on the birthday. Blake Shelton had an extra special birthday celebration on Sunday.
  • London mosque terror attack suspect identified

    London mosque terror attack suspect identified

    One man, who was already ill and receiving CPR on the side of the road as the attack occurred, passed away after the incident. Eyewitness Khalid Amin said that when people seized the driver, "he was shouting: "All Muslims, I want to kill all Muslims ".
    Tributes to Victims of London Mosque Attack

    Tributes to Victims of London Mosque Attack

    To the north, Manchester was hit by a deadly attack May 22 when a suicide bomber killed 22 people at an Ariana Grande concert. The driver of the van, a 47-year-old man, was arrested at the scene after being detained by several members of the public.
    Adele shares cup of tea with London firefighters after Grenfell Tower blaze

    Adele shares cup of tea with London firefighters after Grenfell Tower blaze

    The announcement comes after the council began a review over the weekend of its housing blocks. We will be writing to residents living in these properties directly to offer reassurance.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.