The Latest Breaking News from ACI

The stock market has experienced a sell-off of late due to investor concerns about the Fed’s aggressive interest rate increases to tame inflation and a prospective economic contraction. Nevertheless, the sell-off has created opportunities for investors to buy quality stocks at bargain prices. We think Horizon Therapeutics (HZNP), TDK (TTDKY),…

Many experts believe that the Federal Reserve’s aggressive monetary policy to control surging inflation could push the economy into a recession. Since consumer staples companies weather recessionary pressure well because of inelastic demand for their products, we think it could be wise to bet on the stocks of fundamentally sound…

Albertsons Companies Inc (NYSE:ACI) and Uber Technologies Inc (NYSE:UBER) have expanded their partnership to include more than 2,000 of the grocer's banner stores nationwide through Uber Eats. Some of the banner stores included are Albertsons, Safeway, Jewel-Osco, ACME, Tom Thumb, and Randalls. The expansion will bring nearly 800 new locations to Uber Eats, including consumers…

Multi-decade high inflation is reflected in consumer staples like grocery items. While grocery prices are expected to rise further, an inelastic demand should help grocery retailers stay afloat by passing on the rising costs to consumers. In this article, I am going to discuss how inflation is expected to treat…

Friday marks the last chance for investors to receive the next dividend payout from Albertsons Companies (NYSE:ACI).

FIA, motorsport’s ruling body, announced its investigation on Monday while the Italian Automobile Club withdrew the karter’s racing license on Tuesday.

The Italian Automobile Club has revoked the racing licence of Russian karter Artem Severiukhin following the controversy over his alleged Nazi salute on the podium of a European championship event.

The Italian Automobile Club has revoked the racing licence of Russian karter Artem Severiukhin following the controversy over his alleged Nazi salute on the podium of a European championship event.

Albertsons Companies Inc (NYSE:ACI) reported a fourth-quarter FY21 sales growth of 10.2% to $17.4 billion, beating the consensus of $16.74 billion. Identical sales increased by 7.5%; on a two-year stacked basis, Identical sales growth was 19.3%. Digital sales increased 5%; on a two-year stacked basis, digital sales growth was 287%. Gross profit increased…

Growing concerns over surging inflation, worsening supply chain issues, and the possibility of further sanctions against Russia may lead to additional stock market volatility in the near term. Therefore, it could be prudent to bet on Albertsons (ACI), FONAR (FONR), and Hackett Group, Inc. (HCKT) as they are resilient to…

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…