21-06-2017 16:26 via feedproxy.google.com

Walmart should still terrify Amazon and Whole Foods (WMT)

Investors are grossly overestimating the impact to Walmart of Amazon's bid for Whole Foods, according to Moody's.
Amazon's offer of $13.7 billion, or $42 a share, for the natural and organic grocery chain won't give the ecommerce giant "any discernible edge" over Walmart, writes Charlie O'Shea, lead analyst for Moody's Investors Service, in a research note published Wednesday.
"We have been asked by investors and media over the past few days, in almost breathless tones, 'What does Walm
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