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Stocks To Watch For April 14 (GOOG, SVU, MCD, HAS, FCS)
Wednesday, April 13, 2011 - 11:37pm | 220Some of the stocks that may grab investor focus today are: Wall Street expects Google Inc (NASDAQ: GOOG) to report its Q1 EPS at $8.13 on revenue of $6.32 billion. GOOG shares gained $0.02 to $576.30 in after-hours trading. Analysts are expecting Supervalu Inc (NYSE: SVU) to have earned $0.34 per...
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Catalysts Bulls May Look For
Tuesday, April 12, 2011 - 6:27pm | 731Cusick's Corner Uncertainty -- the market is trading with little conviction and is below the 50-Day Moving Average, which means trading below mid-term support and looking a little uncertain. JPM is reporting earnings tomorrow and they could give a potential boost to the lagging Financials. Tech...
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Earnings Preview For Supervalu, Inc. (SVU)
Tuesday, April 12, 2011 - 12:50pm | 235Supervalu, Inc. (NYSE: SVU) reports 2011 fiscal fourth-quarter earnings before the opening bell on Thursday, April 14. Analysts expect the company to post a profit of $0.34 on sales of $8.75 billion. The company has missed analyst estimates in each of the past two quarters. There are a few items...
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Morgan Keegan Lowers PT On PTRY To $22
Tuesday, April 12, 2011 - 8:11am | 109Morgan Keegan, in its First Look report, has lowered its price target on The Pantry (NASDAQ: PTRY) to $22 from $25 to reflect lower net fuel margins and lower comp estimates. The report reiterates an Outperform rating on the stock. According to Morgan Keegan, “We continue to like the long-term...
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Kroger Company Hits 52-Week High (KR)
Monday, April 11, 2011 - 10:22am | 33Kroger Company (NYSE: KR) has hit a 52-week high in today's trading. At last check the year-to-date performance of Kroger has been a gain of 9.3%.
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Market Waiting for Earnings Kick-Off 04-08-2011
Friday, April 8, 2011 - 5:48pm | 887Cusick's Corner Resistance is often strong after a big move. This market is now waiting for earnings season to kick off. Take a look at your portfolio, asses which stocks have earnings coming up and what sectors they are in, plus if their peers will start to announce earnings. That way if there...
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Calls Purchased on SUPERVALU Inc. (SVU)
Friday, April 8, 2011 - 12:47pm | 141Shares of SUPERVALU Inc. (NYSE: SVU) are higher on the session by 2.54%, currently trading at $9.30. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Benchmark Initiates Coverage On The Pantry With Buy Rating
Friday, April 8, 2011 - 6:21am | 153According to Benchmark, The Pantry (NASDAQ: PTRY) coverage is initiated with a Buy Rating and $20 Price Target. Benchmark reported that it contends that the shares have upside potential, given the Company's growth and operating margin opportunities. “We believe over the next couple years, The...
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Benchmark Co Opens PTRY With Buy
Friday, April 8, 2011 - 5:49am | 50Analysts at Benchmark Co initiate coverage of Pantry Inc (NASDAQ: PTRY) with a “buy” rating. The target price for PTRY is set to $20. PTRY shares rose 2.10% to close at $15.09 yesterday. More Analyst Ratings here
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Goldman Downs SWY To Neutral
Friday, April 8, 2011 - 5:48am | 47Analysts at Goldman downgrade Safeway Inc (NYSE: SWY) from “buy” to “neutral.” The target price for SWY is set to $25. SWY shares gained 1.17% to close at $24.11 yesterday. More Analyst Ratings here
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Today's Action Had Some Buying on the Dips 04-07-2011
Thursday, April 7, 2011 - 5:55pm | 961Cusick's Corner The news today that Japan experienced yet another earthquake spooked the market, triggering selling. There were initial reports that their nuclear facilities did not suffer any damage so the sell-off did not last long and there was buying on the dips, which helped the markets trade...
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SUPERVALU Seeks To Amend And Extend Senior Secured Credit Facilities
Wednesday, April 6, 2011 - 3:33pm | 78Supervalu (NYSE: SVU) today announced that it is seeking the consent of lenders to amend its existing senior secured credit facilities to allow for the extension of its $497 million term loan B-1 from June 2012 to April 2018. Under the terms of the credit facilities, each lender must determine...
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SUPERVALU Seeks to Amend and Extend Senior Secured Credit Facilities
Wednesday, April 6, 2011 - 3:32pm | 79SUPERVALU INC. (NYSE: SVU) today announced that it is seeking the consent of lenders to amend its existing senior secured credit facilities to allow for the extension of its $497 million term loan B-1 from June 2012 to April 2018. Under the terms of the credit facilities, each lender must...
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Now We Know Who Blocked the Whistleblower Protection Act
Wednesday, April 6, 2011 - 7:50am | 1221Let it be known that with this commentary the Sense on Cents Hall of Shame inducts Senator Jon Kyl (R-AZ), Senator Jeff Sessions (R-AL), and House Speaker John Boehner (R-OH). What have they done to deserve this “honor”? A recent release points the finger squarely at them for assaulting our prized...
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Arden Group, Inc. Announces Stock Purchase of $6.68M
Tuesday, April 5, 2011 - 3:51pm | 59Arden Group, Inc. (Nasdaq: ARDNA) announced that it has purchased 90,098 shares of its Class A Common Stock in an unsolicited private transaction for an aggregate purchase price of approximately $6,684,371. The remaining number of shares authorized by the Board of Directors for purchase,...