Business


Piedmont Office Realty Trust, Inc. (NYSE:PDM) Valuation According To Analysts

It has underperformed by 7.95% the S&P500. Lexington Realty Trust is a real estate investment trust (REIT). In related news, EVP H Jeffrey Devuono sold 9,027 shares of the company's stock in a transaction on Wednesday, May 10th. Brandywine Realty Trust (NYSE:BDN) was up 0.00% at $17.65 on Wednesday, in a 52-week range of $14.04 to $17.78 and with a consensus analyst target price of $17.41.


Tesco enjoys best quarterly sales growth since 2010

Tesco enjoys best quarterly sales growth since 2010

The company also said that it "worked hard" with its suppliers "to protect customers from inflationary pressures and to keep prices as low as possible". UK & Republic of Ireland like-for-like sales up 2%. "But the toxic combination of rising inflation and low wage growth remains a major threat". "As inflation continues to erode people's spending power, more and more of Tesco's customers could be driven back to the discounters, Aldi and Lidl".



Amazon-Whole Foods deal roils Wall St.; energy shares gain

Whole Foods-known for its natural and organic grocery choices-currently operates more than 460 stores in the USA and the United Kingdom, including 13 locations across Canada (with four in Vancouver). Uncovered gem: Quartz's excellent demographic exploration that uses data to make the similar point (and more surely): "Fully one-third of American households with annual incomes over $100,000 live within 3 miles of a Whole Foods ".



Confirmed: Longtime Kalanick Confidant Emil Michael Is Out At Uber

United States attorney general Eric Holder has advised Uber CEO Travis Kalanick to take a leave of absence , but the company board remains silent. The 40-year-old CEO said earlier this year that he needed to "fundamentally change and grow up". He's also attracted controversy - a 2014 BuzzFeed report said he threatened to dig up dirt on journalists critical of the company.


Markets Right Now: Grocers plunge on Amazon deal; Dow gains

Markets Right Now: Grocers plunge on Amazon deal; Dow gains

With Whole Foods being one of Instacart's biggest partners, it seems safe to assume that a material chunk of those subscriptions are used on Whole Foods deliveries. Online grocery ordering and on-site pick-up has been a feature Fred Meyer has expanded in the area, with the Lacey Fred Meyer to join its "ClickList" program June 21.



Amazon to buy upmarket grocer Whole Foods for $13.7 billion

Treasury yields dipped after disappointing economic data. On Wall Street, grocery stocks plunged on the news of the Whole Foods takeover deal. 'Now, with Whole Foods, they're going to try to win [the grocery] category. "The conventional grocery store should feel threatened and incapable of responding", Pachter said. Several workers expressed relief and happiness about the planned sale, which came as Whole Foods faced pressure from hedge fund investor Jana Partners to improve results.