Is Albertsons Companies (ACI) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Final Trade: ACI, GS, UBER
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
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Reports: Federal judge blocks $24.6B Albertson's deal
CNBC's Julia Boorstin joins 'Closing Bell' with the latest details about Kroger.
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If you're concerned about rising valuations in the stock market or just want some reliable income for your portfolio, now may be an optimal time to load on dividend stocks, many of which are looking incredibly cheap. While growth investors have largely looked past dividend stocks this year, the good news is that if you're targeting these types of investments right now, you don't have to look far to find some good deals.
Tax Fight With Clarendon Hills Appears Over
HINSDALE, IL – Hinsdale High School District 86 officials sounded satisfied Thursday with a downsized tax district in Clarendon Hills. For months, the district had opposed a larger tax increment financing district, or TIF. "From where we started with this TIF proposal, this is pretty fantastic news for the district," said District 86 board President Catherine Greenspon. "I would agree it's a pretty significant change from what was originally proposed, so good progress," said Josh Stephenson, District 86's top finance official. On Monday, the Clarendon Hills Village Board unanimously approved the tax district along 55th Street to spur development. In doing so, the village made major concessions to District 86, Hinsdale District 181 and Maercker District 60, all of which criticized the larger district. Under state law, a tax district's growth in property tax income for 23 years would be diverted for use in the district itself, rather than taxing bodies such as schools. Last week, Clarendon Hills publicly unveiled its proposal to send the tax money from most of the properties in the TIF, including Jewel and PNC Bank, to other taxing bodies. But the village would keep the tax district's income from the vacant property that was once the site of Tracy's Tavern, which officials hope to see developed. With the changes, the village's expected TIF budget is down by half, to $12.6 million. "It's come down precipitously," District 86 board member Jeff Waters said. The District 86 board plans to vote next month on an agreement with the village on the tax district. Other local government bodies are expected to do the same.
Is the Options Market Predicting a Spike in Albertsons Companies (ACI) Stock?
Investors need to pay close attention to Albertsons Companies (ACI) stock based on the movements in the options market lately.
Shares of Companies with Big Merger Plans Jump After Trump Election
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Albertsons Q2 Earnings Beat Estimates, Loyalty Members Rise 15% Y/Y
ACI's second-quarter fiscal 2024 results highlight year-over-year growth in members and omnichannel shoppers, supporting digital sales.
Albertsons Sees 24% Growth in Digital Sales Amid Expanded Offerings
Albertsons Companies saw its digital sales increase 24% during a quarter in which its identical store sales increased 2.5%. During the quarter ended Sept.
Compared to Estimates, Albertsons Companies (ACI) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Albertsons Companies (ACI) give a sense of how the business performed in the quarter ended August 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Albertsons' stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.
