WMK - WEIS MARKETS INC ()

WMKのニュース

   Ben Axler, the founder of $330 million short-seller Spruce Point Capital, lays out the industries set to fail despite the stock market bounce — and the bet that's not worth the backlash  2020/05/11 17:13:23 Business Insider
While the stock market has bounced back from its March collapse, Ben Axler, founder of $330 million short-seller Spruce Point Capital, believes there's still a correction to come. He's eyeing the consumer discretionary industry for potential targets. The pandemic has made things like a cosmetic procedure non-essential — one of the reasons Axler is shorting Align, the company that creates invisible braces Invisalign. Axler now has to be wary of struggling companies receiving a government bailout before the stock falls far enough. "Does this business need to exist?" asks Axler. Visit Business Insider's homepage for more stories . A short-seller might have been strained for opportunities during the extended bull market, when stocks climbed upward, often without any hitch. But now, as the worldwide pandemic has shut down global economies but not hurt the stock market to the same extent, short-sellers like Ben Axler, founder of $330 million Spruce Point Capital, have companies to pick from.
   Voya Financial Selected as New Service Provider for Food Retailer Weis Markets’ Retirement Plan  2020/02/13 14:00:00 Business Wire
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced that its retirement business has been selected as the new recordkeeper and service provider for the Weis Markets, Inc., Retirement Savings Plan. Weis Markets, a mid-Atlantic food retailer based in Sunbury, Pennsylvania, currently operates 198 stores with more than 23,000 employees in Pennsylvania, Maryland, New York, New Jersey, West Virginia, Virginia, and Delaware. The plan, which transitioned to Voya in December of
   Weis Markets Reports Results For Third Quarter  2019/11/04 22:00:00 PR Newswire
SUNBURY, Pa., Nov. 4, 2019 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its results of operations for the third quarter ended September 28, 2019. The Company's third quarter comparable-store sales increased 1.7 percent during this thirteen-week period ended September 28,…
   $183 million short-seller Spruce Point is targeting the maker of Trojan condoms and Arm & Hammer baking soda ($CHD)  2019/09/05 16:22:08 Business Insider
Spruce Point Capital issued a report saying it believes the stock price of Church & Dwight, the maker of Trojan condoms, Arm & Hammer baking soda, and several other consumer brands, is overvalued. Spruce Point has a short position in Church & Dwight, and benefits if the shares fall. The $270 million short-seller flagged the company's reliance on brick-and-mortar stores and declining sales in old and new brands, and said that it had paid too much for recent acquisitions. Other brands owned by Church & Dwight include hair removal cream Nair, cleaning material OxiClean, First Response pregnancy tests, and laundry detergent Xtra. Click here for more BI Prime stories. A new report from short-seller Spruce Point Capital is targeting Church & Dwight, the maker of Trojan condoms. Church & Dwight, which also owns Arm & Hammer baking soda, Nair hair removal cream, and pregnancy test kit First Response, has been active in M&A since CEO Matthew Farrell took over in 2016. Acquisitions include a $1 billion deal for flossing technology Waterpik in 2017 — and Spruce Point called that a "significant" overpay.
   Lidl preps for U.S. expansion  2019/05/17 17:15:07 Seeking Alpha
   Ben Axler, the founder of $330 million short-seller Spruce Point Capital, lays out the industries set to fail despite the stock market bounce — and the bet that's not worth the backlash  2020/05/11 17:13:23 Business Insider
While the stock market has bounced back from its March collapse, Ben Axler, founder of $330 million short-seller Spruce Point Capital, believes there's still a correction to come. He's eyeing the consumer discretionary industry for potential targets. The pandemic has made things like a cosmetic procedure non-essential — one of the reasons Axler is shorting Align, the company that creates invisible braces Invisalign. Axler now has to be wary of struggling companies receiving a government bailout before the stock falls far enough. "Does this business need to exist?" asks Axler. Visit Business Insider's homepage for more stories . A short-seller might have been strained for opportunities during the extended bull market, when stocks climbed upward, often without any hitch. But now, as the worldwide pandemic has shut down global economies but not hurt the stock market to the same extent, short-sellers like Ben Axler, founder of $330 million Spruce Point Capital, have companies to pick from.
   Voya Financial Selected as New Service Provider for Food Retailer Weis Markets’ Retirement Plan  2020/02/13 14:00:00 Business Wire
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced that its retirement business has been selected as the new recordkeeper and service provider for the Weis Markets, Inc., Retirement Savings Plan. Weis Markets, a mid-Atlantic food retailer based in Sunbury, Pennsylvania, currently operates 198 stores with more than 23,000 employees in Pennsylvania, Maryland, New York, New Jersey, West Virginia, Virginia, and Delaware. The plan, which transitioned to Voya in December of
   Weis Markets Reports Results For Third Quarter  2019/11/04 22:00:00 PR Newswire
SUNBURY, Pa., Nov. 4, 2019 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its results of operations for the third quarter ended September 28, 2019. The Company's third quarter comparable-store sales increased 1.7 percent during this thirteen-week period ended September 28,…
   $183 million short-seller Spruce Point is targeting the maker of Trojan condoms and Arm & Hammer baking soda ($CHD)  2019/09/05 16:22:08 Business Insider
Spruce Point Capital issued a report saying it believes the stock price of Church & Dwight, the maker of Trojan condoms, Arm & Hammer baking soda, and several other consumer brands, is overvalued. Spruce Point has a short position in Church & Dwight, and benefits if the shares fall. The $270 million short-seller flagged the company's reliance on brick-and-mortar stores and declining sales in old and new brands, and said that it had paid too much for recent acquisitions. Other brands owned by Church & Dwight include hair removal cream Nair, cleaning material OxiClean, First Response pregnancy tests, and laundry detergent Xtra. Click here for more BI Prime stories. A new report from short-seller Spruce Point Capital is targeting Church & Dwight, the maker of Trojan condoms. Church & Dwight, which also owns Arm & Hammer baking soda, Nair hair removal cream, and pregnancy test kit First Response, has been active in M&A since CEO Matthew Farrell took over in 2016. Acquisitions include a $1 billion deal for flossing technology Waterpik in 2017 — and Spruce Point called that a "significant" overpay.
   Lidl preps for U.S. expansion  2019/05/17 17:15:07 Seeking Alpha

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