Entries tagged "Yucaipa"
Whole Foods upped by a penny analysts' expectations, reporting earnings of 19 cents per share on revenue of $1.9 billion.
The FTC and Whole Foods take a break from their ongoing legal wrangling as investor Ron Burkle threatens an activist campaign against the ailing grocer.
Bond insurers and mortgage insurers, which have taken big hits over the past year due to their wraps of toxic mortgages and soured mortgage-backed securities, got a boost Thursday on reports that Citigroup Inc. signed onto a deal with Senate Democrats that would allow bankruptcy judges to set new repayment terms for holders of mortgages. Might this be a step in the right direction toward lowering default rates? Bond insurance and mortgage insurance shareholders appear to believe so. ...
Yucaipa Cos. founder Ron Burkle, best known for his investments in supermarkets, has taken a bite out of troubled organic grocer Whole Foods Market Inc., which is facing a Federal Trade Commission challenge to its 2007 purchase of rival Wild Oats Markets Inc. Is the investment purely opportunistic, or is Yucaipa sampling the wares before a purchase? ...
