Streetbeat News

CRRFY

Carrefour

http://www.carrefour.com/

CEO

Alexandre Bompard

Industry

Offices of Other Holding Companies

Open

2.84

Mkt cap

9.1B

Volume

9.8K

High

2.84

P/E Ratio

12.28

52-wk high

3.75

Low

2.82

Div yield

0.07

52-wk low

2.53

BIO-key International Inc (BKYI) shares are trading higher after announcing that Carrefour (CRRFY) is integrating BIO-key's AuthControl Sentry cloud solution in Spain through a partnership with Evolutio. This solution is part of Carrefour's commitment to data security and will protect access to critical services for Carrefour's 6,500 employees in Spain. Earlier in the month, BKYI also partnered with Ping Identity to offer biometric authentication to its customers. BKYI shares have risen 9.09% to $3.00 in premarket trading.

Portfolio Pulse from Lekha Gupta

December 27, 2023 | 12:16 pm

Arm Holdings is preparing for an IPO that could value the company at $54 billion. Goldman Sachs has dismissed multiple employees due to violations of its communications guidelines. Google is reducing its global recruiting department due to a hiring slowdown. Starbucks founder and former CEO Howard Schultz is leaving the company's board. Marvel Studios' VFX workers have voted for unionization. Singapore may impose new rules on ride-hailing companies like Grab Holdings. Kroger's Home Chef division is in a logo dispute with Grubhub. Carrefour is issuing price alerts on products from suppliers like Nestle, PepsiCo, and Unilever. CrownRock is preparing for a potential sale that could value the company at over $10 billion. Delta Air Lines and United Airlines are facing an antitrust lawsuit. Ron Baron holds over $1 billion in shares in SpaceX. Microsoft is facing a formal EU complaint over its Teams app. Electronic Arts' Stig Asmussen is leaving the company. OpenAI is opening a new office in Dublin. Caesars Entertainment has suffered a cybersecurity breach.

Portfolio Pulse from Vandana Singh

September 14, 2023 | 1:56 pm

French supermarket Carrefour has issued price alerts on several products from suppliers such as Nestle, PepsiCo, and Unilever, in a bid to combat inflation. The move comes ahead of contract negotiations and aims to pressure these companies into reducing their prices. Carrefour has labelled 26 products in its French stores, indicating that their volume or weight has decreased while their prices have increased. The French Finance Minister supports this initiative and has urged major retailers and consumer groups to lower prices.

Portfolio Pulse from Vandana Singh

September 14, 2023 | 11:34 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.