The company said Tuesday that it plans to stop buying chickens from farms that grossly mistreat them.
By 2024, the chain plans to purchase only chickens raised according to welfare standards established by the animal advocacy group Global Animal Partnership. The company says it will reduce the suffering of millions of chickens.
Sycamore Partners has agreed to acquire Staples (NASDAQ:SPLS) for $10.25 a share, but is it fair? The offer at an ~20% premium to the pre-speculation price represents an approximate 5.3x EBITDA multiple. Neither the premium or multiple are spectacular. Based on our analysis, buying SPLS voting against the deal could provide....More>>>
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Staples Inc(NASDAQ:SPLS) stock has been on a tear over the last few days amid rumors of a potential buyout.According toThe Wall Street Journal, the company is in talks with private-equity firms to sell itself after regulators blew up its planned merger withOffice Depot(NASDAQ:ODP)last year.
The office supply industry has been under pressure for several years, as the internet and....More>>>
Optimism was high as trading closed March 9 and investors waited for the fourth-quarter earnings report from Ulta Beauty Inc (NASDAQ:ULTA) — especially after e.l.f. Beauty Inc (NYSE:ELF), another cosmetics company, rose 12% after reporting earnings the day before.
Before Brexit took over, Tesla Motorss (TSLA) bid to takeover SolarCity(SCTY)was the big news, with analysts for and against the merger.
Jasper Juinen/Bloomberg News
Oppenheimers Colin Rusch and his team reiterated a Perform rating on the stock today, but introduced new estimate around the deal. Rusch writes that the working capital management and stationary power system refinancing....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins