Shares in Totenko Co., a Tokyo-based operator of a Chinese restaurant, jumped after nearby Ueno Zoo announced its giant pandas had mated, fueling hopes that the first baby panda at the zoo in more than four years would boost tourism in the area. Public viewing of the two pandas, Shin Shin and Ri Ri, was halted last week in preparation for the mating session, according to a statement from Ueno Zoological Gardens.
Category: Gia Lai, Vietnam
Fred’s drugstore chain to double with Rite-Aid store buys
It all started Tuesday, when Fred’s said it would pay $950 million to buy 865 stores that Rite Aid needed to sell in order to appease anti-trust regulators and close its $9.4 billion buyout deal with Walgreens Boots Alliance Inc. The deal will more than double Fred’s current store count of 650. CEO Michael Bloom called it a “transformative event” for the company.
Walgreens slashes offer for Rite Aid, pushes back deadline
Walgreens substantially lowered its offering price for drugstore rival Rite Aid and raised the number of stores it would be willing to unload to ease monopoly concerns. The companies initially expected to sell no more than 500 stores, but that was pushed to 1,200 under the new terms announced Monday.
2016 Giving Tree program was a real success
The Church and Community Program wants to thank our entire community for the many contributions to the 2016 Giving Tree program. On Dec. 16 and 17, we provided gifts of toys and clothing for 175 families in our regular distribution and helped five more families at Renewal House.
Why Nordic American Tankers, Banc of California, and Rite Aid Slumped Today
The stock market stayed relatively quiet on Monday despite being the first full market day of the Trump presidency. Major market benchmarks eased lower, with the Nasdaq remaining nearly flat but the S&P 500 and Dow falling a bit more on a percentage basis.
Kroger’s big deal – buying Walgreens and Rite-Aid stores – didn’t …
One of the most buzzed-about grocery deals of the year – if not the decade – didn’t happen, but there are still implications for Publix Super Markets Inc. In August, news broke that Kroger Co.