×

Retail Distributors

  • *The most active soybean futures were up 0.6 percent to $10.45-1/ 4 a bushel, near the session high of $10.47 a bushel- the highest since March 6. *The USDA rated 35 percent of U.S. spring wheat crop at good to excellent, matching analyst expectations. *The USDA rated 65 percent of the U.S. corn crop in good to excellent condition, down from 68 percent the previous week.

  • *Initial phase was due to run to July 25. LONDON, June 29- Britain's biggest retailer Tesco and its takeover target Booker have asked the UK competition regulator to "fast track" examination of their 3.7 billion pound deal to a more detailed second stage, they said on Thursday. The initial investigation was due to run until July 25.

  • LONDON, June 29- British supermarket Tesco and its takeover target Booker have asked the UK competition regulator to "fast track" examination of their 3.7 billion pounds deal to a more detailed second stage, they said on Thursday. Tesco and the wholesaler Booker announced the cash and shares deal in January and the Competition and Markets Authority formally...

  • BERLIN, June 16- Zalando set out a target to double in size by 2020 as Europe's biggest pure online fashion retailer announced a raft of new partnerships that underline its ambition to move from being just a wholesaler to a provider of services to brands. Founded in Berlin in 2008, Zalando has expanded rapidly and now delivers 1,500 brands in 15 countries, but is...

  • BERLIN, June 16- Zalando set out a target to double in size by 2020 as Europe's biggest pure online fashion retailer announced a raft of new partnerships that underline its ambition to move from being just a wholesaler to a provider of services to brands. Founded in Berlin in 2008, Zalando has expanded rapidly and now delivers 1,500 brands in 15 countries, but is...

  • *Quarterly UK like-for-like sales beat forecasts. LONDON, June 16- Tesco, Britain's biggest retailer, has cemented its recovery, reporting its strongest quarterly sales performance in its home market in seven years despite rising prices. The group, which in January agreed to buy wholesaler Booker for 3.7 billion pounds, said on Friday that UK like-for-like...

  • WASHINGTON, June 13- U.S. producer prices were unchanged in May as energy costs recorded their biggest decline in more than a year, suggesting a moderation in inflation after a rise at the start of the year. "Inflation down at the producer level of the economy's factory-to-consumer supply chain remains on the warm side, which is in keeping with the economy moving...

  • The company's shares were up 6.2 percent at $150.30 in after-market trading on Thursday. The company said it expects fiscal 2018 adjusted earnings of $11.75- $12.45 per share. However, Walgreens Boot Alliance deal for Rite Aid in 2015 cast doubts over that contract.

  • LONDON, May 18- British wholesaler Booker still expects its 3.7 billion pound takeover by Tesco to be completed by early 2018 at the latest, it said after reporting annual results on Thursday, despite regulatory hurdles that analysts said could make the timetable optimistic. Though the companies announced the deal in January, Britain's Competition& Markets...

  • LONDON, May 18- Booker, the British wholesaler that has agreed a $4.8 billion takeover by Tesco, said it still expected the deal to complete by early 2018 at the latest as it reported a 15 percent rise in annual profit. The two sides announced the combination in January and although both companies are currently engaging with Britain's Competition and Markets...

  • LONDON, May 18- Booker, the British wholesaler that has agreed to a 3.7 billion pound takeover by Tesco, on Thursday reported a 15 percent rise in annual profit, reflecting progress across the catering and retail supply sides of the business. It said it made a pretax profit of 174 million pounds in the year to March 24. "We are continuing to assist the UK competition...

  • "This mornings data suggested a firmer pace of inventory investment in the first quarter but a somewhat smaller contribution to growth in the second quarter," Goldman economists Spencer Hill and Avisha Thakkar wrote in a research note.

  • *Q1 earnings $1.77/ shr vs estimate of $1.68/ shr. *Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share. Leerink Partners analyst David Larsen said the unchanged drug pricing forecast bodes well for fiscal 2018, adding that operating margins for the quarter have been partly hurt by more rapid brand to generic conversions and not pricing.

  • *Q1 earnings $1.77/ shr vs estimate of $1.68/ shr. *Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share. AmerisourceBerger's net income fell to $411.5 million, or $1.86 per share, in the second quarter ended March 31, from $603.5 million, or $2.68 per share, a year earlier.

  • April 27- Duracell, a unit of Warren Buffett's Berkshire Hathaway Inc, on Thursday filed a lawsuit accusing a Missouri wholesaler of illegally selling gray market versions of its copper-top alkaline batteries. According to a complaint filed in federal court in Chicago, JRS Ventures Inc is importing and selling batteries made in China that were intended for...

  • CHICAGO, April 21- Target Corp, Wal-Mart Stores Inc and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress. The decision by retailers to forestall supply chain investment in countries such as Bolivia and Romania to focus...

  • CHICAGO, April 21- Target Corp, Wal-Mart Stores Inc and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress. The decision by retailers to forestall supply chain investment in countries such as Bolivia and Romania to focus...

  • Underlying UK sales rise for fifth straight quarter. LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for annual profit as its recovery gained pace, potentially strengthening the hand of boss Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. The supermarket group said its turnaround was ahead of schedule-- citing a...

  • *Underlying UK sales rise for fifth straight quarter. LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for full-year profit as its recovery gained pace, potentially strengthening the hand of Chief Executive Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. In addition to a 30 percent rise in its key profit measure,...

  • *Fourth-quarter UK underlying sales rise 0.7 pct. LONDON, April 12- Tesco, Britain's biggest retailer, beat forecasts for full-year profit, showing its recovery is gaining pace and boosting Chief Executive Dave Lewis as he seeks investor backing for his plan to buy wholesaler Booker. Annual like-for-like sales in its core UK market rose 0.9 percent- the first...