Albertsons/Safeway Loses Grocery War, Lidl Gives Up? by Wolf Richter • Jan 18, 2018 • 66 Comments Price war by Amazon-Whole Foods and Aldi scuttle Albertsons’ IPO hopes as customer traffic and same-store sales drop despite promos and price cuts.
Collapse of Construction Giant with 43,000 Employees Globally Sparks Fear and Mayhem by Don Quijones • Jan 15, 2018 • 60 Comments “The company that runs Britain”: profits were privatized, costs will be socialized.
When Profits at Utilities are Privatized and Losses Socialized, Do We Still Need Public Shareholders? by Leonard Hyman and Willian Tilles • Jan 13, 2018 • 62 Comments So who is taking the risks, and who is getting paid to take them?
Kodak Directors Get Massive Stock Grants Day Before “Blockchain” Hype Caused Shares to Spike 300% by Wolf Richter • Jan 12, 2018 • 72 Comments Regulators remain soundly asleep.
Markets Still Blow Off the Fed, Dudley Gets Nervous, Fires Warning Shot by Wolf Richter • Jan 12, 2018 • 85 Comments In search of the elusive soft landing.
Walmart Suddenly Shutters Numerous Sam’s Clubs without Notice, 11,000 Jobs Impacted, Chaos Breaks out on Twitter by Wolf Richter • Jan 11, 2018 • 91 Comments “This is how fly-by-night companies operate”
SEC Halts Trading in my Biggest “Blockchain Stock” Hero by Wolf Richter • Jan 9, 2018 • 69 Comments 11 days after I lambasted the outfit. Billions went up in smoke already.
Chap. 11 Bankruptcies Spike 107% from Year Ago by Wolf Richter • Jan 8, 2018 • 32 Comments What caused the biggest jump since the Financial Crisis?
Retail Investors Finally “Up To Their Chest” in Stocks, Become True Believers with Record Exposure by Wolf Richter • Jan 8, 2018 • 68 Comments One of the “bigger fears”: dip buyers get burned, turn into sellers, “get an exponential move to the downside.”
The Banks with the Most Consumer Complaints: A Dive into CFPB’s Database by Wolf Richter • Jan 4, 2018 • 33 Comments Under pressure from the banks, the government may take down the site.