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Global Partners LP stock price

Global Partners LP latest news:


  • 09/20/2017 11:41:46

    Holiday retail sales expected to reach about $1.04 trillion: Deloitte

    Experts in Deloitte's retail and distribution practice said Wednesday that they expect holiday sales, seasonally adjusted and excluding motor vehicles and gasoline, to be $1.04 trillion to $1.05 trillion between November and January. They anticipate a year-over-year holiday retail sales increase of 4% to 4.5%, and e-commerce sales will rise 18% to 21%, reaching $111 billion to $114 billion. A strong labor market and high consumer confidence are two factors responsible for the growth. An increased savings rate and the impact of an active hurricane season are risks to the forecast, Deloitte said. Global business advisory firm AlixPartners has a wider forecast, anticipating a year-over-year increase in holiday retail spending between 3.5% and 4.4%, the group said Wednesday. The SPDR S&P Retail ETF is down 6.2% for the past year while the S&P 500 index is up more than 17% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/25/2017 09:45:50

    Illumina Teams Up With Telegraph Hill to Form Verogen

    Global leader in the field of DNA sequencing and array based technologies Illumina Inc ILMN along with Telegraph Hill Partners THP announced plans to set up an independent company Verogen Inc THP is a life science focused venture capital and growth equity firm based in

  • 07/27/2017 13:16:13

    Nordstrom family members in talks with private equity partners including KKR to go private: Reuters

    Nordstrom Inc. family members are in talks with private equity partners including KKR & Co., Apollo Global Management and Leonard Green & Partners to take the luxury department store private, according to a Reuters report. The Nordstrom family has agreed to offer preferential terms to these potential partners, Reuters wrote. Nordstrom has also approached sovereign wealth funds, public pension funds and others in an effort to raise about $1 billion. Nordstrom operates 354 stores, including 221 Nordstrom Rack off-price locations, and 122 full-line stores in the U.S., Puerto Rico and Canada. Nordstrom shares are up 3% in late Thursday trading and up nearly 3% for the year so far. The S&P 500 index is up 10.2% for 2017 to date, and the SPDR S&P Retail ETF is down 6.3% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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