![]() General and administrative expenses are seen at $415-$420 million, down from $420-$428 millionĭomino's on Thursday reported third-quarter profit of $100.5 million. Capital expenditures are now forecast at $100 million, down from $120 million previously estimated. The world's largest pizza chain updated its full year guidance on Thursday. Shares of Albertsons surged 8% on the news, while Kroger shares were down marginally.ĭomino's Pizza sees lower costs than previously estimated. ![]() In what could potentially be one of the biggest deal in recent years in the retail space, the merger talks come at time retailers and grocers are grappling with soaring costs and supply chain disruptions.Ī potential deal between the two grocers would give the combined company a market valuation of about $47 billion. U.S. grocery giant Kroger Co is in talks to merge with smaller rival Albertsons Companies Inc, Bloomberg News reported on Thursday, citing people familiar with the matter.Ī deal could be reached as soon as this week, the report said, adding that no final decision has been taken and talks could still be delayed or falter.īoth companies did not immediately respond to Reuters' requests for comment on the news. In February, Albertsons' board of directors launched a review of potential strategic alternatives. The Associated Press contributed to this report.Ī possible agreement could reportedly be reached as soon as this week. Ten analysts surveyed by Zacks expected $14.16 billion.įor the current quarter ending in December, Delta expects its per-share earnings to range from $1 to $1.25. The airline posted revenue of $13.98 billion in the period, which also did not meet Street forecasts. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share. The results missed Wall Street expectations. Earnings, adjusted for one-time gains and costs, came to $1.51 per share. On a per-share basis, the Atlanta-based air carrier said it had net income of $1.08. The world's largest airline by revenue said it expects revenue growth of 5%-9% in the December quarter compared to the same period in 2019.įourth quarter earnings per share is estimated at $1.00-$1.25.ĭelta on Thursday reported third-quarter earnings of $695 million. 10, 2021 (Photo: Chris Sweigart/Delta Air Lines)ĭelta Air Lines is rising on a fourth quarter earning outlook. Beyond its inception as a digital currency, Bitcoin has attracted many investors to explore its functionality as a store of value instrument, reaching an all-time high $1.1 trillion market cap in March 2021.Delta Aircraft at Hartsfield-Jackson Atlanta International Airport, Dec. Bitcoin was originally invented by an unknown person or group under the pseudonym Satoshi Nakamoto and released as open-source software in 2009. Mined BTC can be exchanged for other currencies, products, and services. Every nodes on the bitcoin network must reach consensus to verify and agree upon each transaction for the next block to be mined. Bitcoin uses a Proof-of-Work consensus model to validate transactions based on the SHA-256 hashing function. Bitcoin is powered by a distributed network of validators providing computational power to “mine” blocks on the blockchain. Blockchain is a stateless protocol, with each block representing a state change and containing a summary of all the transactions in the block over a given time frame (block time). Each block uses the previous block's hash to create its own hash. Blockchain is an immutable append-only data structure. All transactions are recorded in a public distributed ledger referred to as a blockchain. Transactions on the Bitcoin network are sent between users directly with no intermediary. Bitcoin was envisioned as an alternative to traditional electronic payment methods, removing the requirement for a central bank or administrator. Bitcoin is the first cryptocurrency and decentralized global payment system - the true OG.
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