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Stock Market & Financial Investment News

News Breaks
August 5, 2014
10:28 EDTWFMWhole Foods advance attributed to investor stake speculation
Shares of Whole Foods (WFM) jumped in early trading and remain up $2.20, or 5.8%, at $40.15 in morning trading, with the strength attributed to speculation that a large investor may have taken a stake in the company, according to contacts. Carl Icahn is being speculated as the investor that may have taken a stake in the natural foods grocer, though that is unconfirmed. The Fly's options specialist noted that July weekly 39 and 39.5 calls are active on total call volume of 21K contracts amid the speculation.
News For WFM From The Last 14 Days
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June 24, 2015
15:53 EDTWFMSunTrust identifies the most likely M&A activity in specialty retail
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13:39 EDTWFMDCA reports 'systemic overcharging' for pre-packaged foods at Whole Foods
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10:31 EDTWFMNew York probing Whole Foods over alleged overcharging, Daily News reports
New York City has launched a probe of Whole Foods Markets after an investigation conducted by the Department of Consumer Affairs found items for sale at its locations were labeled inaccurately, with many overcharging consumers, according to The Daily News. A Whole Foods spokesman said the company disagrees with the city's findings and is "vigorously defending" itself against the allegations, the report noted. Reference Link

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