Food Retail

Jefferies has raised its price target on Supervalu Inc. (NYSE: SVU) from $8 to $9.50 despite concern in the company's sales trends. In the report, Jefferies states, “Management continues to do a good job of reducing costs, but underlying sales and traffic trends remain very, very troubling. Indeed...

Jefferies is raising its PT on shares of Supervalu (NYSE: SVU) from $8 to $9.50.

Goldman Sachs, after meeting with the company's management at investor meetings last week is maintaining its Neutral rating and $25 price target on The Kroger Co. (NYSE: KR), despite the confidence showcased at the meetings. In the report, Goldman Sachs writes, “[confidence was] illustrated by: 1...

Jefferies is out with its report today on Susser Holdings (NASDAQ: SUSS), maintaining Buy. In a note to clients, Jefferies writes, "Texas sales tax data for the first quarter was quite robust, suggesting Susser should report very solid 1Q comps. Indeed, we anticipate that the company could nicely...

Morgan Stanley has issued a report regarding the 4Q results and F2012 guidance for SUPERVALU (NYSE: SVU). According to the report, “Supervalu reported a better than expected 4Q as the company reined in ineffective promotions from 3Q, driving a better gross margin. As valuation has been depressed...

Citi is out with its report today on SUPERVALU (NYSE: SVU), maintaining Hold. In a note to clients, Citi writes, "We assign Supervalu a 2S (Hold/Speculative) rating and a target price of $9. Supervalu has seen identical-store sales weaken, driven by customers exhibiting 'trading down' behavior,...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Motricity (NASDAQ: MOTR) is a “horrible acting stock. There are sellers on this thing every day. Even if the bears are right, the stock can't go down much more." Cramer said that SuperValu (NYSE: SVU) is “one of the bottom...

Cusick's Corner You have heard the analogy, Defense is the best Offense, but did you think of that when you look at your portfolio. Oil and Metals have been moving this year but have definitely hit some resistance, especially with commodity inflation so prominent and expanding. This has put...

Casey's General (NASDAQ: CASY) Reports March 2011 Same-Store Sales +11.6 Food/Fountain; +5.6% Other

Cusick's Corner The market is holding and this is where I want to see the bid come in with some conviction in an attempt to buck the recent trend of weak finishes. Tech and Financials are starting to become more volatile, plus Financials are under pressure with some trading volume as well. Some of...

Best 1) SuperValue (NYSE: SVU): Trading up 12.3% from yesterday's close to $10.23. The company reported better than expected Q4 EPS; $0.44 versus the $0.34 estimate. 2) Sify Technologies (NASDAQ: SIFY): Trading up 11.83% from yesterday's close to $6.05. Shares have gained 82.8% over the past 13...

Supervalu Sees EPS for FY2012 Of $1.20-1.40 vs. $1.17 Street Estimate; Comps (1.5%) to (2.5%) (NYSE: SVU)

SUPERVALU INC. (NYSE: SVU) today reported fourth quarter fiscal 2011 net sales of $8.7 billion and net earnings of $95 million, or $0.44 per diluted share. These results included charges related to previously announced store closures and employee-related costs ($47 million after-tax, or $0.22 per...

US stock futures are lower this morning, as investors are awaiting earnings reports along with data on jobless claims and producer-price inflation. Futures on the Dow Jones Industrial Average dipped 51 points to 12,148.00 and S&P 500 index futures fell 6.80 points to 1,301.90. Futures on the...

Hasbro Inc (NASDAQ: HAS) is estimated to post its Q1 earnings at $0.17 per share on revenue of $661.02 million. Google Inc (NASDAQ: GOOG) is projected to report its Q1 EPS at $8.13 on revenue of $6.32 billion. Medtox Scientific Inc (NASDAQ: MTOX) is expected to report its Q1 EPS at $0.08 on...