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EFSI News7 articles
Kroger's $1.65B Giant Eagle Buy: Low Multiple, High Ambition
Kroger buys Giant Eagle for $1.65 billion, a low 0.18x sales multiple, adding $9 billion in revenue. Deal faces antitrust review but aims to boost margins and EPS by 2027.
Kroger Acquires Giant Eagle for $1.65B in Targeted Regional Expansion
Kroger has agreed to acquire Giant Eagle for $1.65 billion, a deal valued at just 0.18 times the regional grocer's annual sales, signaling a focused regional strategy.
U.S. Mint's America 250 Silver Eagle Sales Resume; Collectors Warned on Investment Potential
The U.S. Mint will resume sales of its 250th-anniversary Proof American Silver Eagle on June 24 after the first batch sold out in 17 minutes. Dealers warn collectors not to expect investment gains.
QuantumScape Ends Volatile Week Lower; Focus on Eagle Line Progress
QuantumScape shares fell 6.9% Friday to $8.01 but still gained 6.6% for the week. The pre-revenue solid-state battery company reported a Q1 loss and highlighted Eagle Line production.
American Eagle Jet Evacuated at Kansas City After Cabin Odor
American Eagle Flight 5318 evacuated at Kansas City after cabin odor; no injuries. FAA investigates amid renewed safety focus.
QuantumScape Surges on $11M Billings, Eagle Line Progress
QuantumScape shares gained 4.9% Tuesday after reporting $11M in Q1 customer billings and progress at its Eagle Line pilot facility, signaling a step toward commercial solid-state battery production.
Valuation Concerns Emerge for PetroChina and Agnico Eagle After Major Rallies
PetroChina and Agnico Eagle Mines show signs of being overvalued after significant multi-year gains, according to discounted cash flow analyses. Meanwhile, Asian equity markets traded unevenly as oil prices retreated.