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Haggen agrees to sell core stores to Albertsons for $106M

Haggen agreed to sell its original stronghold of Pacific Northwest stores to Albertsons in what seems to be the final chapter of a convoluted grocery-empire saga. In a news release late Friday, the Bellingham grocer said Albertsons will acquire 29 of its so-called core stores, a group of locations in Washington and Oregon that Haggen […]

Buy Tech Mahindra, Dr Reddy’s; Sell SBI, Jet Airways: Kunal Bothra

Kunal Bothra, technical analyst with LKP Securities, expects markets to come under selling pressure, once Nifty reaches 7,350. If the recent low of 6,870 is broken, then the Nifty may find support at 6,350, he added. (Watch) Stock Talk Sell SBI: The overall trend in the stock is still down. After some recovery in last […]

Audi Group plans to launch more than 20 new or revised models

The Audi Group plans to launch more than 20 new or revised models and to continue its growth in 2016. Despite major challenges, the Ingolstadt based auto major performed successfully last year and set a new record for unit sales: Worldwide deliveries increased compared with 2014 by 3.6% to 1,803,246 automobiles. As a result of […]