FRG News and Press, Franchise Group Inc. From 07/09/22

Just a few months ago, the stock of Kohl's (NYSE: KSS) was riding high, as a slew of bidders were offering as much as $70 per share to buy the retailer. However, following a disappointing first-quarter earnings report and guidance cut, most of Kohl's suitors lost interest. But h...

Stocks posted solid gains on Friday, as Wall Street experienced light volume headed into the long holiday weekend. Investors overcame some early jitters to send the Dow and S&P 500 both higher by more than 1%. While the general attitude on Wall Street had a positive tinge, semicondu...

Shares of Kohl's (NYSE: KSS) flamed out on Friday, falling as much as 22.5%. As of 2:05 p.m. ET, the stock was still down 16.9%. The catalyst that sent the retailer plunging was the company's decision to end buyout talks without a deal. Kohl's is one of a number of brick-and...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Kohl’s (NYSE: KSS ) are down nearly 20% today after the department store operator said it ended talks with the Franchise Group (NASDAQ: FRG ) concerning a sale of its business. In a stateme...

DELAWARE, Ohio, July 01, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group”) today announced that its negotiations to acquire Kohl’s Corporation (“Kohl’s") have terminated.  Franchise Group appreciates the time and at...

Kohl's ( NYSE: KSS ) shares plunged 15% in premarket trading after calling off talks to sell its business to The Vitamin Shoppe owner Franchise Group ( NASDAQ: FRG ) - CNBC . Last week, Franchise Group had lowered its bid closer to $50 per share ...

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Want to look smart… or actually make sense? Time horizon arbitrage. Three ways to maximally embarrass myself. For further details see: Elon Musk's Crazy Twitter Tweets, Amplify's Oil Spill And Kohl's Retail Dumpster Fire

I advocate for the time value of money, and that Kohl's Board should accept the Franchise Group's $60/share offer. I also comment on recent news reports. Maybe Kohl's could be worth $75, $90, or even $120/share, if management were able to realize its long-term vision for the company. ...

Wall Street ended an uncertain session with mild losses on Wednesday. The lack of direction came as investors digested new commentary from Federal Reserve Chairman Jerome Powell. While the stock market finished near the unchanged market, many commodities came under serious pressure. This incl...