Karl Utermohlen

Karl Utermohlen

InvestorPlace Writer

Recent Articles

Kroger to Test Food Delivery Via Driverless Cars

By Karl Utermohlen, InvestorPlace Writer

Kroger (KR) is testing a food delivery service using driverless cars by partnering up with autonomous driving technology company Nuro.

Amazon Shakes Up Drugstore Industry With PillPack Deal

By Karl Utermohlen, InvestorPlace Writer

Amazon (AMZN) just gained nearly $20 billion in the pharmaceutical industry's market share after acquiring PillPack, while Walgreens, CVS and Rite Aid lost a combined $11 billion.

Walgreens Shares Sink After Amazon PillPack Deal

By Karl Utermohlen, InvestorPlace Writer

Walgreens (WBA) shares fell nearly 10% on Thursday following Amazon's (AMZN) decision to enter the pharmaceutical business by acquiring PillPack.

Rite Aid Stock Rises as Company Posts Q1 Revenue Beat

By Karl Utermohlen, InvestorPlace Writer

Rite Aid (RAD) reported its latest quarterly earnings results after hours Wednesday, posting revenue that topped Wall Street's consensus estimate.

Bed Bath and Beyond Stock Slides on Same-Store Sales Decline

By Karl Utermohlen, InvestorPlace Writer

Bed Bath and Beyond (BBBY) had an underwhelming quarterly earnings report as the company's same-store sales fell year-over-year.

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