The second-largest NAND supplier, Toshiba (TOSBF), recently put its NAND business up for sale to avoid bankruptcy.
Rite Aid, Fred’s, and Walgreens Boots Alliance’s stock prices rose on June 26. The Rite Aid-Walgreens merger might be getting close to a conclusion.
On June 16, 2017, a German court awarded “co-entitlement” rights to Edwards Lifesciences’ (EW) subsidiary CardiAQ valve to the Tiara European patent application of Neovasc.
On June 5, 2017, Edwards Lifesciences (EW) received FDA approval for its Sapien 3 transcatheter heart valve for aortic and mitral valve-in-valve procedures.
Intuitive Surgical (ISRG) has returned approximately 48.2% YTD (year-to-date), surpassing SPY as well as the Health Care Select Sector SPDR Fund (XLV) by enormous margins.
Intuitive Surgical (ISRG) has witnessed a recent rally, and it reached an all-time high of $940.4 on June 20, 2017.
On May 30, 2017, Intuitive Surgical (ISRG) announced that it received FDA (US Food and Drug Administration) approval of its new da Vinci X robotic surgical system.
Intuitive Surgical’s da Vinci Sp is the latest technological innovation in the company’s surgical systems.
Agrium boasts one of the largest agricultural distribution networks in North America.
In September 2016, PotashCorp (POT) and Agrium (AGU) announced a merger in which the combined company would consolidate under a new name.
Euromonitor estimates that Americans spend ~$781.5 billion on grocery purchases every year. Only a tiny fraction of grocery spending has moved online.
As of June 19, 2017, Amazon (AMZN) was the second-largest Internet player in terms of market capitalization globally at $487.3 billion.
If Amazon (AMZN) sticks to its tradition of exerting downward pressure on prices to help it gain market share, then traditional grocery retailers are in for a rough ride.
The news that Amazon (AMZN) is buying Whole Foods (WFM) coincided with confirmation that Walmart (WMT) is acquiring Bonobos, an online clothing retailer.
Whole Foods’ physical locations are viewed as vital to Amazon’s push for a larger share of online food sales.
Target (TGT) is witnessing sluggish sales, and Amazon’s (AMZN) latest bid to acquire Whole Foods (WFM) will likely create further challenges for this mass merchandiser.
Walmart (WMT) continues to buy small and in-vogue brands to strengthen its position in the digital space.
There’s no denying that Amazon’s (AMZN) acquisition of Whole Foods (WFM) could have a significant impact on grocers’ margins and result in store closures.
Stock prices of grocers and mass merchandisers saw sharp falls after Amazon’s announcement that it has entered a definitive agreement to acquire Whole Foods (WFM).
As competition increased, premium grocer Whole Foods Market (WFM) failed to compete with the low-priced products on the shelves of Kroger (KR) and Walmart (WMT).