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These map suggests Kroger could expand its reach if it joined forces with Target, gaining access to new customers in Florida, the Gulf Coast and the Northeastern United States. A review of company disclosures by Scripps station WCPO in Cincinnati shows Target has more than 500 stores in 15 states where Kroger does not currently have a presence. By contrast, there are 16 states where Kroger has at least three times more supermarkets than Target stores. In other words, at least in terms of real estate, a merger might make sense. On the surface there are some pros and cons,” said Joe Edelstein, equity analyst for Johnson Investment Counsel.Beyond the geographic gains, Edelstein said the business models of Kroger and Target are complementary. Kroger generates the bulk of its revenue from groceries, Target from general merchandise like apparel and home goods. “Combining the traffic-driving nature of groceries with general merchandise certainly could help make the combined company more competitive in the long run,” Edelstein said.The combined companies would have more than 4,600 stores, nearly 850,000 employees and revenue approaching 0 billion. Walmart’s still much bigger, with 0 billion in 2017 revenue. But Edelstein said a combined Kroger and Target would be able to gain some additional buying power with its increased scale. That would improve its prospects against Amazon, which is growing rapidly in both groceries and general merchandise.But the companies would also face new complexities in its merchandising approach. The average Kroger store generates about million a year from grocery sales; the average Target, about million.“To bring Target grocery up meaningfully, you’d have to displace those higher-margin categories like apparel or just other general merchandise,” he said. “That would negatively impact profitability.”Debt is another problem. Kroger has more than billion on its balance sheet, Target more than billion. Because Target is the bigger company with billion in market value, compared to Kroger's billion, it would likely be the acquiring company. But the amount of new debt it would take to accomplish that could threaten the investment-grade debt ratings both companies are trying to maintain.“It probably couldn’t be an all-cash deal financed by debt,” Edelstein said. “I think that would push leverage to levels that the deal would become junk status. That may not be palatable to investors of either company.”That’s why many have moved on from the tantalizing speculation of a Kroger-Target merger. Morningstar analyst John Brick declined to comment on the topic because a deal is not likely to happen. Morningstar forwarded an October report in which Brick outlined his expectation that Kroger would pursue “fill-in acquisitions” that don’t strain the balance sheet.“We also believe the company could continue to make acquisitions to enter new markets, but given the prudence Kroger has exhibited in its past pursuits, we don’t think any deals would weigh unduly on the company’s financial position,” he wrote. 3118
This has been the most doubted/hated bull market in history, Belski said."The business of America is business," he said. "Even after a nine-year run in the stock market," he added, "US companies are the best assets in the world."Belski will join CNN Business editor-at-large Richard Quest to discuss the market on "Markets Now" on Wednesday.Belski and Quest will also discuss why tech stocks are getting crushed and which sectors he likes the most. 448

Those born with the condition are usually diagnosed as infants or young children, according to the American Heart Association, with visible symptoms that include skin that is bluish in color. (Kimmel said a nurse happened to notice that Billy's skin appeared to have a purple tint). 282
There are no known cases of COVID-19 in San Diego County, but the university is taking precautions in the event that students, faculty or administrators may become ill or quarantined, according to SDSU Provost Salvador Hector Ochoa. 232
They -- strangers, friends and rescue crews -- are scraping through the rubble with their bare hands, walking the streets with the names of the missing children printed on cardboard signs. When all else fails, they are sharing names on social media and offering whatever comfort can be managed. 294
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