Whole Foods is expanding into new markets (and unfamiliar territory) by moving into low income neighborhoods. Can the company, often nicknamed “Whole Paycheck” for its high end inventory (and prices) expect to survive in an area where residents can’t afford the usual Whole Foods price tag? Will the store thrive or starve? ….
Read The Capitalist’s Take Here…
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WARREN BUFFETT HAMMERS TRUMP ON TAXES
Billionaire Warren Buffett released some of his personal tax information in response to Donald Trump’s attack on his tax deductions and criticized the Republican nominee for not sharing his own tax returns.
Read More From Time Here
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SAMSUNG HALTS PRODUCTION OF NOTE 7 AFTER MORE FAULTY BATTERIES REPORTED
When Samsung Electronics introduced its sleek, high-end Galaxy Note 7 smartphone in August, one of its senior executives called it “the most intelligent smartphone that we have ever created.” Today, that model — which the South Korean electronics giant was counting on to help it close the gap with Apple, its biggest rival — looks more like an expensive problem that will not go away…
Read More From New York Times Here
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Closing Bell
-Monday, October 10th
Crude Rallies, Leads Stocks to Higher Gains
Big Insider Trades
– Microsemi Corp. (MSCC) CEO, CFO, & COO Continue to Unload Shares; Sell $1.6m
-Community Healthcare Trust, Inc. (CHCT) CEO Timothy Wallace Buys $255k
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