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FTC, States Sue To Block Kroger's $24.6 Bln Albertsons Deal

The Federal Trade Commission or FTC along with a group of nine attorneys general have filed a lawsuit to block Kroger Co.'s proposed $24.6 billion acquisition of the Albertsons Companies, Inc., alleging that the deal is anticompetitive. In the move, FTC alleges that the planned merger, which would be the largest among supermarkets in U.S. history, will eliminate competition and raise grocery
RTTNews | 542 일 전
DAX Edges Up As Consumer Confidence Improves

DAX Edges Up As Consumer Confidence Improves

German stocks edged up slightly on Tuesday after survey results from market research group GfK showed consumer confidence in Germany is set to improve slightly in March.
RTTNews | 542 일 전
Antipodean Currencies Slide As Asian Markets Traded Lower

Antipodean Currencies Slide As Asian Markets Traded Lower

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, after Asian stock market traded lower following the broadly negative cues from Wall Street overnight, as traders largely stayed cautious and seem reluctant to make significant moves ahead of some key economic data, including a report on U.S. consumer price inflation said to be preferred by the U.S. Fed.
RTTNews | 542 일 전
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European Economic News Preview: Germany GfK Consumer Confidence Due

European Economic News Preview: Germany GfK Consumer Confidence Due

Consumer confidence survey results from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Germany's market research group GfK releases consumer confidence survey results. The forward-looking sentiment index is forecast to improve to -29.0 in March from -29.7 in the previous month.
RTTNews | 542 일 전
Sensex, Nifty Marginally Higher In Cautious Trade

Sensex, Nifty Marginally Higher In Cautious Trade

Indian shares were seeing marginal gains in cautious trade on Tuesday ahead of key U.S. inflation and GDP readings and the expiry of February series derivative contracts due this week.
RTTNews | 542 일 전
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders largely stayed cautious and seem reluctant to make significant moves ahead of some key economic data, including a report on US consumer price inflation said to be preferred by the US Fed. Asian markets closed mostly lower on Monday.
RTTNews | 542 일 전

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