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CDI News

Casey's Eyes Kroger's Convenience Stores As Activist Hovers

The convenience store chain may be seeking to make the acquisition as a poison pill on JCP Investment's efforts to have its sell itself.


The target's $500 million sale comes after two activist campaigns and a shelved auction in 2016.

These 5 Deep-Value Plays Aren't Playing Out the Way We Had Planned

5 deep-value stocks that haven't worked out as well as hoped.

13 Things Kentucky Is Best Known for Other Than the Kentucky Derby

All eyes will be on Louisville this weekend, but the Bluegrass State has a wealth of companies and two high-profile politicians.

Is the Size of Your Kentucky Derby Hat an Economic Indicator?

Kentucky Derby hats are bigger and bolder this year, and also commanding a bundle.

Breaking News

Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand

The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.

Economist El-Erian Sees Strong Chance for Recession

But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.

Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus

Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.

What Happens to Your Credit Card When Interest Rates Rise

With interest rates soaring, credit card consumers may be in for a shock