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Food company $UNFI said it has acquired all outstanding stock of organic food seller, Gourmet Guru, for an undisclosed amount, in an all cash transaction. Transaction is expected to be neutral to $UNFI's FY17 earnings and to modestly add to earnings in FY18. Jeff Lichtenstein, CEO of Gourmet Guru, will remain at the company in a leadership role.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.