Buds & Duds: Aurora gains as Cowen impressed with Nelson Peltz investment
Also representing the cannabis sector well Friday were 1933 Industries, MedMen and HarvestOne
Company
Kroger Co
NYSE:KR
Kroger Co is a food and drug retailer. The company operates supermarkets, multi-department stores and fulfillment centers throughout the United States. Kroger Co operates approximately 2,719 supermarkets, 2,252 pharmacies and 1,637 fuel centers across 35 states and also operates online through a digital ecosystem to offer customers an omnichannel shopping experience. The company also manufactures and processes food for sale in its supermarkets and online. It offers Pickup and Harris Teeter ExpressLane personalized, order online, pick up at the store services.
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Ocado and M&S confirm talks regarding joint venture
The two firms confirmed the talks in separate announcements, just weeks after Ocado boss Tim Steiner had stayed tight-lipped on speculation of a possible tie-up following newspaper reports in January
Village Farms is a growth story for the cannabis age (Part 2)
The second of two parts on the Canada-based hydroponic grower's transition from tomatoes, peppers and cucumbers to cannabis
Kroger chooses Cincinnati hometown for the first high-tech warehouses it plans to build with Ocado
The US supermarket chain said it will spend US$55mln on the partners' first project - a 335,000-square-foot facility in Monroe, Ohio, a suburb north of Cincinnati
Ocado signs terms of deal struck with US supermarket chain Kroger
Ocado expects the earnings impact of the Kroger deal to be neutral in the fiscal year 2018
CryptoCann™ Report: IBM brings blockchain to European supermarket chain; Detroit donut shop owner accused of illegal marijuana sales
IBM is partnering with European supermarket Carrefour to launch the IBM Food Trust, a blockchain-based food tracker
EARLY MOVERS: Gap Inc shares fall down a hole after earnings, but Splunk Inc shares zoom north
Also in the frame, in pre-market deals, was Kroger Co, plastic bags, and Ross Stores Inc..
PRE-MARKET MOVERS: Tripadvisor shares travel lower after earnings miss, but glucose monitoring group Dexcom sweetens up
Also in the frame before the New York bell was Wayfair Inc and Kroger Co.
PRE-MARKET MOVERS: Kroger shares on the up as it launches new delivery service but traders lose appetite for Cheesecake Factory
Kroger shares added 0.93% to US$29.27 before the bell
Archive
Wetherspoons eyed for CO2 shortage impact as week reaches mid-point
The pub chain will be hoping to mitigate any potential drink shortages as the warm weather and England's World Cup performance drive up customer numbers
Eyes on Marks & Spencer and Ocado as spotlight is set to remain on retail
Marks & Spencer's AGM day is set to be less eventful than usual, as it has decided not to provide a trading update.
Archive
High street vs online: Updates from retailers Mark & Spencer and ASOS will provide fuel
Aside from M&S and ASOS, the week ahead will also bring trading updates from the likes of Ocado, Burberry, Barratt Development, Experian, and JD Wetherspoon
PRE-MARKET MOVERS: Darden Restaurants dances higher in pre-market as fourth quarter numbers cruise past estimates
Also before the bell heading higher are Barnes & Noble Education Inc and Kroger Co.
Ocado shows potential to become the next Microsoft or Android of retail
Ocado's e-commerce platform has the potential to become the standard used by retailers in the same way as Microsoft's Windows is used by most PC manufacturers
Ocado downgraded by Bank of America Merrill Lynch as it enters execution phase of Kroger deal
Analysts said that the next few years for the FTSE 250-online grocer would be about “delivering results and validating the economics rather than signing new partnerships"
Ocado shares jump as Goldman Sachs calls its deal with Kroger ‘transformational’
Goldman Sachs upgraded Ocado’s rating to ‘buy’ from ‘neutral’ and set its price target at 1,160p
Investments and investor services
FTSE 100 closes account firmly higher, bolstered by weaker pound
The UK pound shed 0.38% against the Euro, while it was off 0.30% against the US dollar.
Investments and investor services
FTSE 100 clocks off at new closing high
FTSE 100 closed at a new all time high on Thursday, up 0.70% to 7,787
US benchmarks close higher as Trump pushes on with tariff plans
A look at the US and Canadian markets throughout the session
Express Scripts Holding, Kroger and Navistar International - PRE-MARKET
A look at some significant pre-market trade in New York ahead of the bell