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Friday, June 23, 2017

Whole Foods has not received any other bids

CNBC's Courtney Reagan reports that Wal-Mart is not considering a bid for Whole Foods. The "Closing Bell" desk weighs in.

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The Week Ahead: Housing market in the spotlight

CNBC's Jackie DeAngelis looks ahead to what are likely to be next week's top business and financial stories.

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Futures Pointing To Another Mixed Performance On Wall Street

The major U.S. index futures are pointing to a mixed open on Friday, with stocks poised to move in opposite directions once again after closing mixed for two consecutive sessions. Lingering uncertainty about the near-term outlook for the markets may keep some traders on the sidelines going into the first weekend of the summer.

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2017 M&A pipeline looks good: Expert

Robert Profusek, Jones Day head of M&A, provides insight to vertical deals, Amazon's acquisition of Whole Foods and the outlook on mergers and acquisition through the end of the year.

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Commerzbank Sees Negative Net Result In Q2 On Restructuring Charges

German lender Commerzbank AG on Friday forecast a net loss for the second quarter of 2017, citing higher than expected restructuring charges related to the implementation of Commerzbank 4.0 strategy. Despite the higher restructuring charges, Commerzbank added that it does not expect to report a negative net result for financial year 2017.

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Burlington Stores Inc. (BURL) Dropped To A 4-Month Low

Burlington Stores Inc. (BURL) declined during the first half of Thursday's session, but settled into a range in the afternoon. The stock closed down by 5.12 at $84.37 on above average volume.

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Expedia Inc. (EXPE) Climbed To A New High For The Year

Expedia Inc. (EXPE) rose steadily during the first two hours of trade Thursday, but settled into a range for the remainder of the session. The stock closed up by 2.54 at $152.00.

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