Markets

Whole Foods Market (WFM) shares hit new 52-week high after receiving $13.7 billion acquisition offer from Amazon (AMZN)

Amazon.com Inc. (NASDAQ:AMZN) has decided to buy Whole Foods Market Inc. (NASDAQ:WFM) in a transaction valued at $13.7 billion. The Seattle, Washington-based company has been offering food delivery through its Fresh service for so many years, however, it hasn’t succeeded in making a major dent in the U.S. grocery market. The latest announcement from the …

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Markets

Mid-day Top Gainers: Plug Power, Swift Transportation, Knight Transportation, Cytori Therapeutics, Xcerra Corp

Plug Power Inc (NASDAQ:PLUG) shares jumped nearly 10 percent this morning following the news that it has inked a deal with the e-commerce giant Amazon.com Inc. (NASDAQ:AMZN). According to the agreement, Amazon will start powering its industrial equipment at specified fulfillment center locations by making use of Plug Power’s fuel cells and hydrogen technology. Swift …

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Markets

Two Stable Stocks: Berkshire Hathaway Inc. (BRK-B), Amazon.com, Inc. (AMZN)

Berkshire Hathaway Inc. (BRK-B) Berkshire Hathaway Inc. (BRK-B) posted earnings of $1.78/Share in the previous quarter, as compared to earnings of $1.83/share estimated by analysts. The difference between the estimated and actual earnings was $-0.05 per share. Among analysts who offered their Analysis on Berkshire Hathaway Inc. (BRK-B)—1 analysts issued Strong buy for the stock, …

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