23.28 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||23.32 x 100|
|Ask||23.44 x 200|
|Day's Range||23.24 - 24.31|
|52 Week Range||19.69 - 31.45|
|PE Ratio (TTM)||11.14|
|Forward Dividend & Yield||0.50 (2.11%)|
|1y Target Est||N/A|
Kroger Shares (KR) are surging here, up over +4.2%. The grocer is reportedly in talks with Target on a merger deal, according to Fast Company. This is presumably a move to counter Walmart’s huge presence in the grocery space and Amazon’s advance with Whole Foods.
Kroger and Target are in reportedly in merger talks as Amazon's growing influence in groceries has chains scrambling to expand delivery options.
Bloomberg's Ed Hammond discusses the report that Kroger Co. may be considering a merger with Target Corp. He speaks with Bloomberg's Scarlet Fu and Lisa Abramowicz on "Bloomberg Markets." (Source: ...
While a Target-Kroger merger seems to be off the table for the moment, there's at least reason to believe that it could benefit both companies.
Are retail giants Kroger (KR) and rival Target (TGT) poised for a $57 billion mega-merger? The stocks then fell back, before rallying again, as other reports—also citing unnamed sources—poured cold water on the idea. Analyst Rupesh Parikh at Oppenheimer says the likeliest combination is just a partnership involving Shipt, the same-day home delivery service that Target recently acquired.
A new report suggests that retailing giants Target and Kroger are talking about potentially merging. Kroger isn't commenting and Target isn't responding, but a combination of the two companies could help bolster their position against the growing threat of Amazon.
Earlier on Friday, tech focused magazine Fast Company reported that the companies are in possible merger talks, sending the shares of both companies higher. Kroger has a market cap of $20.62 billion and Target $37.12 billion. Shares of Target are up 1.5 percent at $70.
Among the companies with shares expected to trade actively in Friday's session are Boeing, Alphabet, Facebook, Dropbox, Kroger, Nike and Micron.
Investors are stocking up on shares of Target and Kroger on Friday after a report said the two US retailers are in talks about a possible merger in a bid to fend off competition from Amazon. Shares in ...
Shares of Target Corp. and Kroger Co. jumped 2.7% and 6.9% respectively on a report from Fast Company that the two companies are in merger talks. The retailers began discussions last summer about a partnership, ...
When it comes to fashioning a turnround, Target insists it is “playing our own game”. It should stick to playing alone. On Friday, reports surfaced that the bargain chic discounter was pondering a tie-up ...
Mar.23 -- Bloomberg's Ed Hammond discusses the report that Kroger Co. may be considering a merger with Target Corp. He speaks with Bloomberg's Scarlet Fu and Lisa Abramowicz on "Bloomberg Markets."
The "Squawk on the Street" crew talks about false reports of a merger between Target and Kroger and whether it would make sense.
Kadina Group President Gary B. Smith and FBN's Maria Bartiromo and Dagen McDowell on reports that Target is in merger talks with Kroger.
CNBC's Courtney Reagan reports the latest on headlines around a possible deal between Target and Kroger. However, sources say the retailers met about the partnership with Shipt.