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Kroger Pauses Buybacks to Prioritize Debt Reduction, WSJ Reports
$The Kroger (KR.US)$ is pausing share buybacks ahead of its planned acquisition of rival $Albertsons Companies (ACI.US)$, aiming to use the additional cash to reduce its debt as it closes on of the biggest deals in U.S. grocery-industry history, The Wall Street Journal's Kristin Broughton reports. Kroger said Friday that it will pay for the $24.6 billion deal with cash and pro...
$The Kroger (KR.US)$ is pausing share buybacks ahead of its planned acquisition of rival $Albertsons Companies (ACI.US)$, aiming to use the additional cash to reduce its debt as it closes on of the biggest deals in U.S. grocery-industry history, The Wall Street Journal's Kristin Broughton reports. Kroger said Friday that it will pay for the $24.6 billion deal with cash and pro...
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$Redbox Entertainment (RDBX.US)$hope can increase to @$9 today. What do you think
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$Tesla (TSLA.US)$ 790 target price tonight
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The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra (LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
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$Rivian Automotive (RIVN.US)$ Shorters will go nuts tomorrow
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$Meta Platforms (FB.US)$ is pausing on hiring and scaling back plans to acquire new talent across the company.
Facebook was trying to "bring the metaverse to life," but unexpected factors such as the war in Ukraine, data-privacy changes, and the easing of pandemic restrictions were pressurizing the company.
Engineering will be the first to be impacted by the freeze, while other roles and units can continue to hire actively, Kalinowski said.
The freezes are effective im...
Facebook was trying to "bring the metaverse to life," but unexpected factors such as the war in Ukraine, data-privacy changes, and the easing of pandemic restrictions were pressurizing the company.
Engineering will be the first to be impacted by the freeze, while other roles and units can continue to hire actively, Kalinowski said.
The freezes are effective im...
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