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Tag: buys

Top Buys by Directors: Neafsey's $195.5K Bet on ARLP

Top Buys by Directors: Neafsey's $195.5K Bet on ARLP

Finance
Shutterstock photoThe directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money - maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $ 195.5K by John P. Neafsey, Director at Alliance Resource Partners LP (Symbol: ARLP). PurchasedInsiderTitleSharesPrice/ShareValue08/07/2017John P. NeafseyDirector10,000$ 19.55$ 195,500.00 Neafsey's ave...
Shoppers may see big changes after Amazon buys Whole Foods

Shoppers may see big changes after Amazon buys Whole Foods

Technology
Amazon's $ 13.7 billion acquisition of Whole Foods could mean big changes for the way people buy groceries — and just about everything else.Amazon could try to use automation and data analysis to draw more customers to stores while helping Whole Foods cut costs and perhaps prices. Meanwhile, the more than 460 Whole Foods stores in the U.S., Canada and the U.K. could be turned into distribution hubs — not just for delivering groceries, but also as pickup centers for online orders.Walmart, which has the largest share of the U.S. food market, has already been pushing harder into e-commerce to build on strength in its stores and groceries. It announced Friday that it's buying online men's clothing retailer Bonobos for $ 310 million, following a string of online acquisitions such as ModCloth a