Top Stories

IPO filing outlines strengths, strategies for company's retail, wholesale marketing arms

DALLAS -- In a more than 100-page filing with the Securities & Exchange Commission (SEC), the newly dubbed Alon Brands Inc. noted its "leading brand offerings, advantageous fuel-supply agreement, strong market positions and complementary business model, [which] provide us with competitive...

Bid for Israel-based Petro Group not expected to impact operations, McComas says

MECHANICSVILLE, Va. -- Metis Capital Ltd., controlled by Amnon Barzilay and Mony Harel, is attempting a hostile takeover of Ameris Holdings Ltd. and its subsidiary, Petro Group Ltd., Globes Online has reported. Petro Group owns the Fas Mart and Double Kwik gas and convenience store chain in the...

Smoke, smokeless sales continue strong track despite economic challenges

NEW YORK -- Despite predicting that a U.S. recession could last beyond the third quarter of 2009, analyst Nik Modi said tobacco remains "economy resilient"-if not economy resistant. During a presentation at CSPNetwork's Tobacco Update CyberConference, Modi, senior tobacco analyst at New York City-...

Gulf CEO says continued drop in oil, gasoline prices possible into next year
Casey's sees opportunity for growth while many struggle with the economy.
Zacks zeroes in on chain's earnings; retailer names Williams senior VP field ops.
Lower gasoline prices won't save everyone in the current economic climate: Kloza.
Credit-card fees targeted by retailers who say banks overcharge
First signs of consolidation hit the ethanol industry as VeraSun fields offers
7-Eleven rolls out 32 private-label packaged-goods products under 7-Select banner