Skip to content
InvestaFeed.com

InvestaFeed.com

Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

  • News
  • Digital Currency
  • Stock Market
    • PSE
  • Tips and Guides
  • Toggle search form

Albertsons restraining order on special dividend payment still in effect as court hearing postponed

Posted on November 16, 2022 By MarketWatch.com - MarketPulse

Albertsons Companies Inc. said Wednesday that the Washington State Court has postponed the hearing on the grocery company's proposed payment of a special dividend. The stock rose 0.5% in afternoon trading. The postponement means the temporary restraining order (TRO) granted by the court remains in effect, to restrain the company from paying the $4 billion, or $6.85 per share, special dividend that was announced in October as part of the $24.6 billion deal for Kroger Co. to buy Albertsons. "Albertsons Cos. continues to believe that the claim brought by the State of Washington is meritless and provides no legal basis for canceling or postponing a dividend that has been duly and unanimously approved by Albertsons Cos.' fully informed Board of Directors," Albertsons said in a statement. The stock has tumbled 27.4% over the past three months, while Kroger shares have slipped 2.3% and the S&P 500 has lost 7.8%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

>>> Read the full story at MarketWatch.com - MarketPulse

News, Stock Market Tags:MarketWatch, Stock market

Post navigation

Previous Post: The FTX Collapse Looks an Awful Lot Like Enron
Next Post: Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$26,636.00
-0.82%
ethereum
Ethereum (ETH)
$1,595.29
-1.11%
tether
Tether (USDT)
$1.00
0.07%
binancecoin
BNB (BNB)
$210.92
-0.37%
ripple
XRP (XRP)
$0.51
0.23%
cardano
Cardano (ADA)
$0.244692
-1.56%
solana
Solana (SOL)
$19.71
-0.44%
shiba-inu
Shiba Inu (SHIB)
$0.000007
-0.31%
uniswap
Uniswap (UNI)
$4.26
-0.86%

Topics

  • Business
  • Digital Currency
  • Forex
  • News
  • PSE
  • Stock Market
  • Tips and Guides
  • Treasury Bond

99Bitcoins Binance Bitcoin BitPinas Boss95rnd Cardano Coinbase CoinDesk Coinsph Coinstats Cointelegraph Cryptocurrency Cryptoslate Currencies Ethereum Forex GCash MarketWatch Maya Medium Newsbts PayMaya Pesolab PH news PKT Ripple Shiba Inu Stock market Themarketscompass Thewisecoin Tradingeconomics TradingView Treasury bond Wazirx XRP

Contributors

  • Binance Blog Articles This crypto blog aims to provide the latest stories and commentary for crypto enthusiasts. Brought to you by Binance, the world’s leading blockchain and crypto ecosystem. 0
  • Bitcoin News Daily Bitcoin News 0
  • Bitcoin.org Site Blog News about Bitcoin.org 0
  • BitPinas Crypto News Philippines 0
  • CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Latest headlines from Coindesk. 0
  • Coins.ph My phone is my wallet 0
  • CoinStats Blog 0
  • Cointelegraph.com News Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money. 0
  • CryptoSlate Cryptocurrency News and Real-time Coin Data 0
  • Ethereum Blog 0
  • Financial News & Top Stories — Market Analysis — TradingView See top stories by TradingView, read business news and reports, check global market updates from US and other countries, track stock and crypto markets. 0
  • GCash Para Easier Ang Everyday Things… #GCashMoNaYan 0
  • MarketWatch.com – MarketPulse MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products. 0
  • MarketWatch.com – Stocks to Watch MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products. 0
  • Maya Stories Keep up with the latest innovations from the Maya community. Download the Maya App and Visit our page to learn more. 0
  • News 0
  • NewsBTC Bitcoin & cryptocurrency news today, price & technical analysis 0
  • Peso Lab – Money Guide for Filipinos Invest in PHILIPPINES 0
  • PKT Cash Blog The world’s first bandwidth-hard blockchain 0
  • The Coinbase Blog – Medium Learn about working at Coinbase: https://www.coinbase.com/careers – Medium 0
  • The Market's Compass Technical View Using Technical Analysis to Navigate the Waters of the Global Financial Markets 0
  • The Philippine Stock Exchange, Inc. — PSE 0
  • The Wise Coin Fintech Tutorials for Today’s Digital Pinoy 0
  • Trading Economics RSS Feed 0
  • WazirX Blog India’s most trusted crypto exchange 0
Hostinger Hosting

Recent Posts

  • Insecticides (India) Reports Fire Incident at Dahej, India Plant
  • Yen jumps on Ueda’s remarks; dollar tentative ahead of US inflation print
  • Rwanda Inflation Rate Rises for 1st Time in 5 Months
  • Trump Challenges Biden, Murdoch To Mental Acuity Showdown, Doesn’t Spare Wall Street Journal, Fox In Tirade
  • Australia’s Syrah Resources rises most in 21 months on $150 mln loan approval
Scan QR code to start trading with Binance!

Copyright © 2021 - 2022 InvestaFeed.com.

  • B-cube.aiB-cube.ai(BCUBE)$0.183336-4.61%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • EvidenZEvidenZ(BCDT)$0.122918-4.28%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • IDLEIDLE(IDLE)$1.44-12.39%
  • WPP TokenWPP Token(WPP)$0.006826-3.49%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Werewolf CoinWerewolf Coin(WWC)$0.098082-2.58%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003680-6.82%