It is the 25th of June 2017

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Grocery Stocks Crash After Amazon Buys Whole Foods

Whole Foods stock was halted for 'news pending'... and now we have the answer - Amazon to acquire Whole Foods Market for $42/share in an all-cash transaction valued at ~$13.7b, including Whole Foods Market’s net debt.

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Grocery Stocks Crash After Amazon Buys Whole Foods

Whole Foods stock was halted for 'news pending'... and now we have the answer - Amazon to acquire Whole Foods Market for $42/share in an all-cash transaction valued at ~$13.7b, including Whole Foods Market’s net debt.

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LVMH CEO Warns "Economic Crisis Is Unavoidable"

While hopeful about the future for France following Macron's election victory and "optimistic" about the longer-term future, luxury tycoon Bernard Arnault warned that business is in a "very strange period" due to low and negative interest rates and "companies like LVMH are paid to borrow money, which is dangerous."

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LVMH CEO Warns "Economic Crisis Is Unavoidable"

While hopeful about the future for France following Macron's election victory and "optimistic" about the longer-term future, luxury tycoon Bernard Arnault warned that business is in a "very strange period" due to low and negative interest rates and "companies like LVMH are paid to borrow money, which is dangerous."

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NSA Contractor Booz Allen Crashes After DoJ Launches Probe

Shares in Booz Allen Hamlton are crashing after hours (down 13%) after releasing an 8-K admitting that the Department of Justice is investigating the NSA Contractor's direct and indirect charging practices.

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