Markets

Retailers Are Going Bankrupt at a Record Pace - Bloomberg

Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping.<p>In a little over three …

eCommerce

Renault-Nissan's Electric Lead Vanishes - Bloomberg Gadfly

The world's biggest electric-car maker is losing its edge.<p>No, not Tesla Motors Inc., which barely sold more electric vehicles than Volkswagen AG in …

Market Capitalization

Here Are The Retailers Most Likely To Declare Bankruptcy Next

Retail stores are closing around the United States at a record pace<p>Retailers in the United States are filing for bankruptcy at a record pace.<p>Already …

Business

Trump's plan for the 'biggest tax cut we've ever had' is already looking like it could be messy

President Donald Trump told The Associated Press on Friday that he expected to roll out his plan for "maybe the biggest tax cut we've ever had" around Wednesday.<p>But the rollout of one of the most anticipated pieces of Trump's agenda looks to have an unsettled path toward becoming law.<p>"We're going …

Government

Deutsche Boerse AG 1Q 2017 -- Forecast

FRANKFURT – The following is a summary of analysts' forecasts for Deutsche Boerse AG (DB1.XE) first-quarter results<p>(figures in million euros, EPS, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released April 26.<p>===<p>Forecast Change Reported<p>1st Quarter …

Investing

We asked 6 Wall Street recruiters about the hottest trends in hiring

It's moving season on Wall Street.<p>Bonuses have landed in bank accounts, freeing up bankers and traders to move to new employers.<p>With that in mind, we asked six Wall Street recruiters about the big trends in hiring.<p>Here's what the recruiters had to say.

Wall Street

WEDBUSH: Amazon's share price could explode more than 35% higher (AMZN)

Markets Insider<p>Wedbush Securities just put a $1250 price target on Amazon's stock.<p>On April 24, Wedbush Securities analyst Michael Pachter circulated a first quarter preview to clients to reiterate his "Outperform" rating and raise his price target on shares of the retail giant from from $900 to …

Fortune 500

A small Wall Street firm is set to make a killing on a $24 billion healthcare deal

Beckton Dickinson on Monday announced a $24 billion deal to acquire the medical technology company Bard, and a small Wall Street firm that has closed some major deals recently is involved.<p>Perella Weinberg is acting as the lead financial adviser to BD on the deal, with Citi also serving as an …

Wall Street

Report: Albertsons may make a bid to buy Whole Foods

Only a month after it was reportedly interested in another boutique supermarket chain, Albertsons is now reportedly weighing whether to buy Whole Foods Market, according to a published report.<p>Cerberus Capital Management, which controls Albertsons, reportedly was in talks to make a bid for Whole …

Whole Foods

Express Scripts Shares Drop 11% As Anthem Unlikely To Renew Contract

Express Scripts Holding Co. shares dropped in the extended session Monday after the pharmacy-benefits manager said insurer Anthem Inc. does not intend to renew a contract when it expires. Express Scripts shares, which had been halted, fell 11% to $60 after hours on heavy volume, following a 1.2% …

Is Whole Foods In Play?

Whole Foods stock surged today on speculation that Albertsons might be preparing a takeover bid. This announcement comes on the heels of an activist investor, Janus Partners LLC acquiring an 8.3% stake in the company, suggesting that a possible sale could unlock investor value.<p>Albertsons is owned …

Business

WATCH: An apologetic Dean Ambrose gives Chris Jericho a new jacket: Raw, April 24, 2017

MORE FROM YARDBARKER:<p>What will Brock Lesnar do next? Whatever Brock Lesnar wants to do!<p>MORE FROM YARDBARKER

Chris Jericho

Caterpillar Rises on Sales Increase

Caterpillar reported its first increase in rolling retail machine sales since 2012, led by gains in the Asia-Pacific region. Bloomberg's Ramy …

Business

Becton Dickinson acquires C.R. Bard in $24 billion medical device deal

Medical device giant Becton, Dickinson said Sunday that it had reached a deal to acquire C.R. Bard, another medical device manufacturer, for $24 billion.<p>The acquisition ranks as the fourth largest of the year globally and the largest in the U.S., according to Dealogic.<p>Together the companies have …

All-time high for McDonald's into earnings

McDonald's (MCD +0.6%) reports Q1 earnings tomorrow before the bell in a highly-anticipated release. Shareholders will be watching to see what kind …

Business

Why Nomura Downgraded this Korean Cosmetics Stock - Asia Stocks to Watch

By Isabella Zhong<p><b>LG Household & Health Care</b> (051900.KR) shares are down 2% this morning after Nomura downgraded its stock from buy to neutral.<p>Analyst …

Stocks

Retailers are going bankrupt at a record pace, analysis says

Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping.In a little over three …

Denver

Blocked Traffic, Immolated Cars: Uber’s Problems in Africa

Uber has been on a whirlwind of expansion in Africa in recent months, launching in another 15 cities across eight African countries since it …

Uber

We took a helicopter to dinner at the Rockefeller Estate with the most powerful business players you've never heard of

Last Thursday evening, some of the world's most innovative minds joined each other for dinner at one of the country's most storied old-money estates.<p>The dinner was held by the Kairos Society, an elite group of young business entrepreneurs working to solve global issues, as part of its annual Global …

Business

BMO: McDonald's is at all-time highs, and could go a lot higher (MCD)

McDonald's stock hit an all-time high Friday April 21 of $133.86. And according to BMO equity analyst Andrew Strelzik, the stock could go higher still. Strelzik initiated coverage of McDonald's on April 21 with an "Outperform" rating and $153 price target, implying 15% of potential upside.<p>"We …

Black Market

Google Parent Alphabet Becomes The Second $600 Billion Company

Google's Alphabet Inc. has become just the second $600 billion U.S. company, as the internet giant's stock ran up 2.4% in afternoon trade Monday toward a record close. Alphabet's market capitalization has reached $605.1 billion. It remains well behind No. 1 Apple Inc. , which is currently at $753.9 …

Google

Sears Closing 50 Auto Centers, 92 Kmart Pharmacies

Like a sinking ship that keeps jettisoning cargo in the hope of staying afloat, Sears Holdings will soon be ridding itself of 50 Sears Auto Centers …

Consumer Protection

10 fast-food chains with the happiest customers

Here are the 10 fast-food chains with the happiest customers, according to the American Consumer Satisfaction Index. USA TODAY

Fast Food

Harley-Davidson Sales Are Falling Again

Easy come, easy go as the big bike maker resumes its decline after a single quarter of higher sales.<p><b>Harley-Davidson</b> (NYSE:HOG) is resuming its losing …

Motorcycles

Hasbro heads for the loo and business booms

PAWTUCKET, R.I. (AP) — Business for Hasbro is in the toilet, which turns out to be a pretty good place.<p>The toymaker's revenue surpassed that of its rival Mattel for the first time in 17 years thanks in part to hot sales of a new board game called Toilet Trouble.<p>"I never thought I would actually get …

Business

iHeartRadio Parent May Not Survive One More Year as 'Going Concern'

iHeartMedia, the parent company of iHeartRadio, the largest operator of radio stations in the U.S., may not survive another year in business, the …

Hollywood

Why It May Be Time for Akzo and PPG to Start Talking

PPG Industries Inc. CEO Michael McGarry said he plans to make a hostile takeover bid for Akzo Nobel NV if his sweetened offer of 26.9 billion euros …

Business

T-Mobile reports rise in quarterly profit and revenue

T-Mobile US Inc , the No. 3 U.S. wireless carrier, reported a rise in quarterly profit and revenue as it continued to win customers despite tough competition, with all its bigger rivals now offering unlimited plans.<p>T-Mobile's net income surged to $698 million, or 80 cents per share, in the first …

Whole Foods woes whet rival’s appetite for a deal

From a single store in Austin, Texas in the 1980s, Whole Foods helped create the market for organic and natural produce in the US, expanding through …

eCommerce

Panera Plans to Add 10,000 Delivery Jobs This Year

Panera Bread on Monday said it would add more than 10,000 new delivery jobs by the end of the year, as it expands the service to as much as 40% of …

Logistics