Summary Metro Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Metro Inc (Metro) is a manufacturer, retailer and distributor of food and pharmaceutical products. Its product portfolio includes grocery, meat, fruits and vegetables, dairy products, frozen foods, bakery pro...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky, LLP has filed a class action lawsuit in the United States District Court for the Western District of Texas on behalf of current stockholders of Whole Foods Market, Inc. (“Whole Foods” or the “Company”) (NASDAQ: WFM) in connection with the planned acquisition of the company by Amazon.com, Inc. On June 16, 2017, Whole Foods announced it had entered into an agreement in which Amazon.com, Inc., through its wholly owned subsidiary, Walnut Merger Sub, Inc. would acquire all outstanding ...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Whole Foods Market, Inc. (NASDAQ: WFM) (“Whole Foods” or the “Company”) relating to the proposed buyout of Whole Foods by Amazon.com, Inc. Under the terms of the agreement, Whole Foods shareholders are anticipated to receive $42.00 in cash for each share of Whole Foods commo...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Whole Foods Market, Inc. (“Whole Foods”) (NASDAQ: WFM) concerning the acquisition by Amazon.com, Inc. Under the terms of the agreement, valued at approximately $13.7 billion, Whole Foods shareholders will only receive $42.00 per Whole Foods share owned. The consideration is significantly lower than at least one analyst’s estimated value of $47.00 per share. ...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Whole Foods Market, Inc. (NASDAQ GS: WFM)? Did you purchase any of your shares prior to June 16, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Whole Foods Market, Inc. (“Whole Foods” or the “Company”) (NASDAQ GS: WFM) ...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Whole Foods Market, Inc. (NASDAQ: WFM) stock prior to June 16, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Whole Foods to Amazon.com, Inc. (NASDAQ: AMZN) for $42 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/WFM-Info-Request-Form-ma-5876 or ...
Narrow-moat Whole Foods’ second-quarter earnings (which featured a 2.8% comparable store sales dip alongside an 8.5% adjusted EBITDA margin) and fiscal 2020 targets were overshadowed by its decision to make wholesale changes to its board of directors. Five new independent members were nominated (to replace the same number of existing, but retiring, directors). The new slate includes Joe Mansueto, Morningstar Inc.’s founder, executive chairman, and majority owner. However, while Whole Foods a...
CORPORATES ISSUER COMMENT 11 May 2017 Analyst Contacts Manoj Chadha 212-553-1420 VP-Sr Credit Officer [email protected] Kristen S Eng 212-553-1730 Associate Analyst [email protected] Janice Hofferber, CFA 212-553-4493 MD-Corporate Finance [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA
Narrow-moat Whole Foods’ second-quarter earnings (which featured a 2.8% comparable store sales dip alongside an 8.5% adjusted EBITDA margin) and fiscal 2020 targets were overshadowed by its decision to make wholesale changes to its board of directors. Five new independent members were nominated (to replace the same number of existing, but retiring, directors). The new slate includes Joe Mansueto, Morningstar Inc.’s founder, executive chairman, and majority owner. However, while Whole Foods a...
AUSTIN, Texas--(BUSINESS WIRE)-- Whole Foods Market (Nasdaq: WFM) is proud to announce the release of co-founder and CEO John Mackey’s newest book, The Whole Foods Diet: The Lifesaving Plan for Health and Longevity (Grand Central Life & Style, April 11, 2017). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170411005339/en/ "The Whole Foods Diet" by John Mackey, Alona Pulde, MD, and Matthew Lederman, MD (Photo: Chad and Derek Sarno of Wicked Healthy) “In the world of p...
We do not plan to change our $31 per share valuation for narrow-moat Whole Foods significantly after activist investor Jana Partners built a 9% stake. A Wall Street Journal report indicates the fund will press the natural foods purveyor’s management team to make operational improvements and investigate the potential for a sale of the company. While we believe the news suggests upside potential, we do not anticipate altering our long-term outlook (which calls for mid-single-digit top-line growt...
AUSTIN, Texas--(BUSINESS WIRE)-- In celebration of Beauty Week 2017, Whole Foods Market (NASDAQ: WFM) is offering special discounts on its wide selection of facial care and cosmetics. From March 22 to 28, all facial care and cosmetics will be 25 percent off. In addition, on Friday, March 24, stores will offer limited edition beauty bags for $18 apiece, while supplies last. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170320005841/en/ Whole Foods Market's limited edition bea...
AUSTIN, Texas--(BUSINESS WIRE)-- By January 2018, all canned tuna sold at Whole Foods Market (Nasdaq: WFM) will meet rigorous sustainability and traceability requirements that aim to reduce overfishing and bycatch, and support fishing communities. The new sourcing policy includes canned tuna items sold in the grocery aisle as well as the prepared foods department. Whole Foods Market is the first national retailer to create such stringent standards for canned tuna, which is among the three most consumed seafood items in the United Stat...
AUSTIN, Texas--(BUSINESS WIRE)-- Today, Whole Foods Market’s (NASDAQ:WFM) global buyers and experts announced the trends to watch in 2017. Wellness tonics, products from byproducts and purple foods are just a few top predictions according to the trend-spotters, who share more than 100 years of combined experience in sourcing products and tracking consumer preferences. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161206005388/en/ A few of Whole Foods Market's trend-se...
We do not expect to make a large change to our $30 fair value estimate after narrow moat-rated Whole Foods posted fourth-quarter and full-year earnings that were largely in line with our expectations. The company reported full-year sales of $15.7 billion, slightly behind our $15.8 billion full-year expectations; however, the company's 8.6% EBITDA margin trended slightly higher than our 8.4% forecast. That said, 2017 guidance trailed our expectations, with the company calling for 2.5%-4.5% sales ...
We do not expect to make a large change to our $30 fair value estimate after narrow moat-rated Whole Foods posted fourth-quarter and full-year earnings that were largely in line with our expectations. The company reported full-year sales of $15.7 billion, slightly behind our $15.8 billion full-year expectations; however, the company's 8.6% EBITDA margin trended slightly higher than our 8.4% forecast. That said, 2017 guidance trailed our expectations, with the company calling for 2.5%-4.5% sales ...
ARLINGTON, Va--(BUSINESS WIRE)-- PBS KIDS and Whole Foods Market's (NASDAQ: WFM) multi-year partnership continues this holiday season with the launch of new Aurora® plush animals and PlanToys® wooden toys. Beginning today, the toy collections will be available at Whole Foods Market stores nationwide and online at shop.pbskids.org. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161101005895/en/ PBS KIDS and Whole Foods Market’s multi-year partnership continues th...
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