PORTLAND, Oregon (Reuters) - The U.S. Federal Trade Commission argued in federal court on Monday that Kroger's $25 billion merger with rival grocer Albertsons is bad for shoppers in a case that highlights growing alarm over surging grocery prices. The FTC and several states went to trial in Portland, Oregon, to block the deal, saying it would mean higher prices...

03:54 PM EDT, 08/28/2024 (MT Newswires) -- WestBond Enterprises Corporation ( WBNEF ) was at last look up 12.5% from near 52 week lows late Wednesday afternoon as it announced a return to profitability. Net profit for the quarter ended June 30, 2024 was $12,566 (compared to a $69,374 loss for the three months ended June 30, 2023). Sales were...

03:55 PM EDT, 08/28/2024 (MT Newswires) -- Kenvue ( KVUE ) prevailed over a lawsuit after a US federal judge in New York granted on Tuesday the company's motion to dismiss with prejudice a putative class action filed by plaintiff Evie Collaza. US District Judge Andrew Carter wrote in the decision that Collaza's claims of violation of New York general...

03:57 PM EDT, 08/28/2024 (MT Newswires) -- DXP Enterprises ( DXPE ) said Wednesday its board approved a new stock buyback program of up to $85 million or 2.5 million shares. The repurchase program will last for two years, according to the company. DXP said it completed the repurchase of $85 million or 2.8 million shares under its previous program...