- Finance24/7 Wall St.•yesterday
What Analysts Have to Say About Walgreens Ahead of the Merger Deadline
The Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. (RAD) merger has been the subject of much controversy over whether the deal actually will go through. Analysts have taken the perspective that this deal might be too difficult to call correctly, and those covering it generally have created two scenarios about what could happen. 24/7 Wall St. has examined a recent report from Jefferies that has a fairly optimistic view on Walgreens, win, lose, or draw on the deal.
BusinessThe Street•22 hours agoMalls of the Future May Be Nothing More Than Giant Parking Lots for Uber Drivers and Amazon Workers
Here comes a parking lot full of Uber drivers next to the former Sears (SHLD) . "The growth of e-commerce and the increasing emphasis on delivery speed as well as pick-up services for retail goods will likely precipitate a convergence of industrial distribution and retail real estate," Fitch said in a note on Tuesday. Fitch essentially predicts that well-located malls - calculated by their proximity to population density plus the per capita income of that region - will prosper in the future as distribution and pickup centers for e-commerce retailers like Amazon (AMZN) , the giant online corporation which saw its stock hit a record $1,000 a share on Tuesday, rather than shopping destinations.
BusinessThe Street•2 days agoBuffalo Wild Wings Ousts CEO in Major Win for Activist Fund at the Gate
Buffalo Wild Wings (BWLD) announced Friday that its CEO Sally Smith will retire from the wing and beer restaurant company before the end of the year, a major win for activist Marcato Capital's Mick McGuire who also succeeded at installing three of four dissident director candidates to the company's board in a bitterly fought battle that was almost a year in the making. The chain's share price spiked on the announcement, up to $154.40 a share, a 4.75% hike. Nevertheless, the company's share price is down from the $165.25 a share it was trading at in August after Marcato issued a critical letter to the company's board. Smith has been at the center of an activist battle waged by McGuire, who had
