Amazon.com Inc. said it will begin slashing prices on grocery staples at Whole Foods Market Inc. on Monday, the first changes the online retailer plans for its $13.7 billion acquisition.
NYS Entity Status
NYS Filing Date
DECEMBER 12, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - FIRST ALARM & STOCKING DISTRIBUTOR INC.
2013 - FIRST ALARM & STOCKING DISTRIBUTER INC.
Around the Web
- Amazon Clobbers Grocers' Stocks With Price Cuts at Whole Foods
Thursday Aug 24, 2017
- Snap stock is tanking again after user growth slows down
By Christopher Zara - Thursday Aug 10, 2017
This is not good news for Snap Inc. The parent company of Snapchat saw its shares tumble in after-hours trading today after it reported disappointing user growth in its Q2 2017 earnings. It’s only the second earnings report since Snap went public in March, and hopes for a turnaround are deteriorating. Shares fell to $11.90 after … Continue reading “Snap stock is tanking again after user growth slows down”
This is not good news for Snap Inc. The parent company of Snapchat saw its shares tumble in after-hours trading today after it reported disappointing user growth in its Q2 2017 earnings. It’s only the second earnings report since Snap went public in March, and hopes for a turnaround are deteriorating. Shares fell to $11.90 after hours, an all-time low. Snap debuted on the NYSE at $17 a share. It fell below that price a month ago and hasn’t recovered. The company reported daily active users growth of 7 million to 173 million total, but analysts were expecting about 8 million new users, CNBC reports. You can check out Snap’s full earnings release here. We’ll have more after the call later today.
- A Slump in Tech Stocks That Leaves Some Investors Mystified
By LANDON THOMAS Jr. - Monday Jun 12, 2017
Shares of Netflix, Apple and other giant technology companies that have powered a market rally have taken an uncharacteristic pause.
- Ryder Trucks Launches Campaign With 'Inc.'
Tuesday Sep 19, 2017
"The campaign underscores how truck owners are essentially dumping cash all over America's highways from all the hidden costs required in maintaining a private fleet," Ryder's Karen Jones tells"Marketing Daily."
- Apple takes Dow over 22,000 points; other stocks fall
By Marley Jay - Wednesday Aug 2, 2017
NEW YORK — Being the world’s most valuable public company has its privileges, like getting almost all the credit for the latest stock market milestone.Apple’s latest profit and revenue were better than analysts expected, and the company’s strong sales forecast suggests it’s confident the next iPhone will reach the market on time.The Cupertino company’s stock climbed to an all-time high, and when some other technology companies, utilities and industrial firms joined it, that was just barely enough to take the Standard & Poor’s 500 index higher as well.Movie theater companies tumbled after AMC Entertainment said U.S. box office grosses are sinking.Health care companies turned lower as prescription drug distributor Cardinal Health gave a weak forecast, mostly because of falling generic drug prices.“The market’s not forgiving for any company that misses” Wall Street projections, said Edward Jones investment strategist Kate Warne.Overall, she said investors seem pleased that companies are reporting rising profits based on greater revenue and strong demand instead of stock buybacks and other financial moves.Movie theater operators and studios declined after AMC said U.S. box office receipts dropped 4.4 percent in the second quarter, and it expects the third quarter to be difficult as well.The company is also planning to slash costs by cutting operating hours and staff levels while trying to boost revenue with new pricing plans and discounts.Big 5 said sales of firearms, camping and water sports equipment fell, and its estimates for the current quarter fell short of Wall Street’s estimates.Shopping mall operator GGP slid $1.13, or 4.9 percent, to $21.91 after it said it doesn’t plan to sell itself, and department store chain Nordstrom drooped $2.45, or 5 percent, to $46.49 on reports the Nordstrom family might not succeed in taking the struggling company private.Prescription drug distributor Cardinal Health forecast a much smaller profit than analysts expected.The company said it’s being hurt by lower prices for generic drugs, as well as smaller increases in the prices of brand-name drugs and the loss of a contract with the Safeway grocery chain.