On Wednesday, Shares of Kroger Co (NYSE:KR), added 3.59% and closed at $31.19 in the last trading session. The last trading range of the stock ranges between $29.97 and $31.44. The company’s Market capitalization is $30.52 Billion with the total Outstanding Shares of 944.17 million. During the 52-week trading session the minimum price at which share price traded, registered at $28.71 and reached to max level of $42.75. As part of their Diabetes Awareness Month activities, supermarket partners Ralphs and Food 4 Less are inviting their customers to be part of the Stop Diabetes® movement.
November is Diabetes Awareness Month and from October 12 through November 8, Ralphs and Food 4 Less are offering their customers the opportunity to assist in the fight to stop diabetes by donating their spare change in specially-marked coin boxes located at the check stands in all Ralphs and Food 4 Less stores in Southern California. Also collecting funds to assist stop diabetes will be 14 Food 4 Less stores serving the greater Chicago area, and 22 Foods Co stores serving Central and Northern California.
All funds raised will be donated to the American Diabetes Association (ADA) in support of its mission to prevent and cure diabetes and to improve the lives of all people affected by diabetes.
Itau Unibanco Holding SA (ADR) (NYSE:ITUB), dropped -0.67% and closed at $11.80 in the last trading session. The last trading range of the stock ranges between $11.69 and $11.98. The company’s Market capitalization is $66.51 Billion with the total Outstanding Shares of 2.88 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $5.48 and reached to max level of $12.00. In compliance with the provisions of Section 157, Paragraph 4, of Law No. 6,404/76 and the Brazilian Exchange Commission (CVM) Instruction No. 358/02, Itaú Unibanco Holding S.A. (“Itaú Unibanco”) declares to the market that it, acting through its merged auxiliaries Itaú Unibanco S.A. and Itaú Corretora de Valores S.A., on date hereof, reached an Equity Interest Purchase Agreement with Citibank S.A. and other companies of its group (“Citibank”) for the acquisition of the retail business (for individuals) carried out by Citibank in Brazil, counting loans, deposits, credit cards, branches, asset administration and insurance brokerage, in addition to of the equity investments held by Citibank in TECBAN – Tecnologia Bancária S.A. (representing 5.64% of its capital) and in Cibrasec – Companhia Brasileira de Securitização (representing 3,60% of its capital), for R$ 710 million.
This transaction will involve the corporate restructuring of some companies of the Citibank group, so that the retail business in Brazil is spun off and transferred to the companies that will be subject to the acquisition.
Citibank (with 71 branches) offers financial products and services to individuals in the retail segment in Brazil, counting checking accounts, loans and credit cards, comprising about a client base of 315,000 checking account holders, R$ 35 billion in deposits and assets under administration (gross amounts on the base date of December 31, 2015), 1.1 million credit cards and a loan portfolio of R$ 6 billion. With this acquisition, Itaú Unibanco’s assets will reach to R$ 1,404 billion. The impact on Itaú Unibanco’s core capital resulting from this transaction is estimated at about 40 bps (Basel III Full Ratio).