Financial News

02/28/2014 - 12:12pm

Mead Johnson Nutrition on Friday expanded the size of its board from 11 to 12 members and appointed Michael Grobstein as its newest director.

02/28/2014 - 11:14am

McKesson on Friday announced that the wholesaler has launched a voluntary public takeover offer for the remaining outstanding shares of Celesio through its indirect wholly-owned subsidiary, Dragonfly.

02/28/2014 - 10:52am

Roundy's earlier this week reported financial results for fourth-quarter and full year ended Dec. 28, 2013.

02/27/2014 - 10:57am

Ahold announced plans to significantly expand its Peapod presence in the U.S. market when announcing fourth-quarter results on Thursday.

02/27/2014 - 9:34am

Deutsche Bank on Thursday speculated that either Cerberus or Kroger could acquire Safeway.

02/26/2014 - 12:07pm

Dollar Tree on Wednesday posted sales of $2.2 billion for the fourth quarter ended Feb. 1, down slightly by 0.9%.

02/25/2014 - 1:35pm

Bi-Lo Holdings and Delhaize Group on Tuesday announced they have received approval from the Federal Trade Commission to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize.

02/24/2014 - 5:55am

Cerberus Capital Management is the lead bidder for Safeway, according to a Bloomberg report published Saturday that cited people with knowledge of the matter.

02/20/2014 - 12:12pm

Walmart knew fourth quarter results and its outlook would be weak so it gave investors Thursday morning something more substantial to digest by announcing plans to double the number of small format stores it will open this year and an increased omnichannel focus.

02/20/2014 - 11:25am

Bloomberg on Thursday lined up the potential suitors in discussion with Safeway on a sale of the grocer, citing people with knowledge of the matter.