Previous close | 21.41 |
Open | 21.46 |
Bid | 21.44 x 3200 |
Ask | 21.41 x 3100 |
Day's range | 21.33 - 21.46 |
52-week range | 19.88 - 23.88 |
Volume | |
Avg. volume | 3,619,470 |
Market cap | 12.35B |
Beta (5Y monthly) | 0.32 |
PE ratio (TTM) | 9.12 |
EPS (TTM) | 2.35 |
Earnings date | 09 Apr 2024 - 15 Apr 2024 |
Forward dividend & yield | 0.48 (2.24%) |
Ex-dividend date | 25 Jan 2024 |
1y target est | 24.87 |
A Denver state judge said on Monday that he will hear arguments beginning on Aug. 12 in Colorado's case seeking to block Kroger's $25 billion purchase of rival grocer Albertsons. The order by District Court Judge Andrew Luxen puts Colorado two weeks ahead of a similar hearing before the U.S. Federal Trade Commission and other states' separate nationwide lawsuit challenging the merger. Colorado's attorney general, like the FTC, is seeking a preliminary injunction to halt the supermarket mega-merger.
(Reuters) -A Denver state judge said on Monday that he will hear arguments beginning on Aug. 12 in Colorado's case seeking to block Kroger's $25 billion purchase of rival grocer Albertsons. The order by District Court Judge Andrew Luxen puts Colorado two weeks ahead of a similar hearing before the U.S. Federal Trade Commission and other states' separate nationwide lawsuit challenging the merger. "I make no promises about when my orders will be out," Luxen said.
WASHINGTON (Reuters) -U.S. District Judge Adrienne Nelson on Monday set Aug. 26 as the start of a hearing on the Federal Trade Commission's bid for a preliminary injunction to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons. The FTC sued last month to block the deal that would create a supermarket empire with more than 4,000 stores, saying it would boost grocery prices for millions of Americans. The tie-up has drawn tough scrutiny from lawmakers and consumer groups worried about higher grocery prices, job losses and store closures.