The “Fast Money Halftime Report” traders discuss Amazon's $13.7 billion acquisition of Whole Foods and the disruption it's causing in other sectors.
TORONTO, June 16- Canada's main stock index fell on Friday, as shares of grocers and other consumer staple companies took a beating on news that internet retail company Amazon.com Inc was buying Whole Foods Market Inc. Amazon announced before markets opened that it was purchasing the U.S. organic supermarket chain for $13.7 billion, including debt, marking its...
Bill George, former Medtronic CEO, and Steve Odland, former Office Depot CEO, talk about Amazon's acquisition of Whole Foods.
LONDON/ AMSTERDAM, June 16- Amazon.com Inc's $14 billion takeover of Whole Foods Market sent shockwaves across the Atlantic on Friday as investors weighed the implications for Europe's supermarkets from an accelerated push by the e-commerce juggernaut into traditional food retail. Amazon has already been expanding its Fresh grocery delivery business in...
Stew Leonard Jr., Stew Leonard's CEO, discusses Amazon's acquisition of Whole Foods and its impact on the retail food market.
Aaron Kessler, Raymond James Amazon analyst, and Eric Sheridan, UBS,talk about Amazon's acquisition of Whole Foods.
June 16- U.S. stocks fell on Friday as Wal-Mart and other retailers were slammed by Amazon.com' s biggest foray into the brick-and-mortar retail sector with its $13.7 billion deal to buy upscale grocer Whole Foods. Amazon shares were up 3.2 percent at $995.18, while Whole Foods surged 27 percent to $41.95. Wal-Mart sank 6.2 percent to $74.03 even as the big box...
Rick Helfenbein, American Apparel and Footwear Association CEO, discusses his enthusiasm for what he calls a monumental move.
CNBC's Susan Li talks about the history of Whole Foods, the company's CEO John Mackey, and its IPO price from 1992.
Scott Galloway, NYU Stern School of business, and Hans Tung, GGV Capita, talk about Amazon's acquisition of Whole Foods.
U.S. fast-food giant McDonald's has ended its 41-year-long Olympic Games sponsorship deal three years early, the International Olympic Committee said on Friday.
June 16- Wal-Mart Stores Inc said on Friday it would buy online men's fashion retailer Bonobos Inc for $310 million, in its fourth e-commerce deal in under a year, as it seeks to bridge the gap with e-commerce leader Amazon.com Inc.. However, Wal-Mart's shares fell 6.5 percent to $73.78 in morning trading after Amazon said it would buy upmarket grocer Whole Foods...
Edward Yruma, KeyBanc Capital Markets managing director, shares his thoughts on Amazon's deal for Whole Foods valued at $13.7B.
June 16- U.S. stocks dipped on Friday as shares of Wal-Mart and other retailers were hammered after Amazon.com announced its entry into the brick-and-mortar retail business with its $13.7 billion deal to buy upscale grocer Whole Foods. Wal-Mart, which also announced a deal to buy online clothing retailer Bonobos for $310 million, dropped 5 percent and weighed...
This is the most fractured, competitive industry in the world, says CNBC's Jim Cramer, talking about Amazon's acquisition of Whole Foods and its impact on the retail food market.
The "Squawk on the Street" news team talks about Amazon's acquisition of Whole Foods and its impact on the retail food market.
Grocers and retailers are taking a hit after Amazon announces it will buy Whole Foods.
The "Squawk on the Street" news team talk about Amazon's acquisition of Whole Foods and its impact on the retail food market.
The "Squawk on the Street" news team talk about Amazon's acquisition of Whole Foods in a $13.7 billion deal and how it will negatively impact competitors in the grocery space.
TORONTO, June 16- Canada's main stock index fell on Friday, dragged lower by heavyweight financial stocks, while consumer staples stock including Loblaw Companies Ltd fell sharply following news that Amazon.com Inc is buying Whole Foods Markets Inc.. The Toronto Stock Exchange's S&P/TSX composite index fell 56.61 points, or 0.37 percent, to 15,103.81.