FTC

The Federal Trade Commission began distributing $49.4 million in refund checks to defrauded DeVry University students Wednesday. The sum represents less than half of the school’s $100 million settlement with the FTC, $50.6 million of which serves as debt relief. In the suit filed in January...

With a family of five and a vehicle per person, Scott Fosgard is not always aware when his daughter needs her tires rotated. Delphi Automotive PLC (NYSE: DLPH), a tier-one supplier, smells an opportunity here — a $750 billion opportunity by some estimates. What if Fosgard could share family...

Rite Aid Corporation (NYSE: RAD) stock has been all over the radar since its proposed merger with Walgreens Boots Alliance Inc (NASDAQ: WBA) was announced in October of 2015. Rite Aid’s stock has been at the mercy of media rumors about whether the Federal Trade Commission will allow the...

Amazon.com, Inc. (NASDAQ: AMZN) announced Friday it will acquire Whole Foods Market, Inc. (NASDAQ: WFM) for $13.7 billion dollars, but while both stocks shot up on the news, other major grocers dropped like a stone. It’s just the latest move in Amazon’s seemingly unstoppable growth...

A deal announced over 1.5 years ago still hangs in the balance. Whether the deal clears the regulatory hurdle has become a heated debate in itself. With the passing of each day, pessimism is abounding, with the scuttling of a few mega healthcare deals throwing in the possibility of the...

And there’s more! The saga of Rite Aid Corporation (NYSE: RAD), Walgreens Boots Alliance Inc (NASDAQ: WBA) and their merger beneficiary, Fred’s, Inc. (NASDAQ: FRED), takes yet another twist. The Federal Trade Commission allegedly prepared advice to block the companies' intended deal...

The auto industry has been suffering from a pricing decline so far in 2017, but slumping prices are not the only issue weighing down the industry in 2017. Credit deterioration and regulatory investigations into the use of GPS systems and kill switches are also issues that could impact auto lending...

U.S. regulators regard Herbalife Ltd. (NYSE: HLF) as a “multi-level marketing scheme,” but Bill Ackman is beyond euphemisms. To Ackman’s Pershing Square Holdings Ltd, the global nutrition company is a “pyramid scheme.” And he’s so incensed by Herbalife’s...

In another move toward deregulation, Congress is on the verge of passing a bill intended to disallow the Prepaid Card Rule submitted by the Consumer Financial Protection Bureau, or CFPB. Rule Likely To Be Repealed Height Securities said in a note on Monday the Senate resolution proposed last week...

Partisan politics may be holding up the impending M&A deal between Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD), Deutsche Bank said in a note earlier this week. Walgreens may try to force a Federal Trade Commission decision on the deal within 30 days, analysts...

Rite Aid Corporation (NYSE: RAD) shares spiked up 2.36 percent Wednesday amid notable call activity. In weekly calls expiring late February, a trader bet on 20 percent upside by the end of the week. The activity might be inspired by Rite Aid’s anticipated buyout. The company is still awaiting...

A court rejection of a proposed $37 billion mega-merger between healthcare giants Aetna Inc (NYSE: AET) and Humana Inc (NYSE: HUM) and President Donald Trump’s critical commentary surrounding the proposed AT&T Inc. (NYSE: T) merger with Time Warner Inc (NYSE: TWX) may have investors...

In a merger amendment publicized Monday morning, Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD) agreed to reduce the value of Rite Aid shares between $6.50 and $7 and to divest a total of 1,200 stores. The initial agreement proposed a divestment of 1,000. The...

After a meeting with President-elect Donald Trump, Bayer AG (ADR) (OTC: BAYRY) generated excitement among American investors eager to finalize a long-anticipated merger with Monsanto Company (NYSE: MON). But the Federal Trade Commission is not yet on board with the deal, and the companies still...

The Western Union Company (NYSE: WU) shares halted and subsequently plummeted Thursday upon news of a $586 million settlement with the Department of Justice and Federal Trade Commission. Susquehanna analysts said the settlement had long been expected, and Western Union had accrued more than $15...