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Morgan Stanley Reports Kroger CFO Optimistic (KR)
Thursday, March 31, 2011 - 6:27am | 141Morgan Stanley has issued a report on the state of Kroger (NYSE: KR) to handle price inflations in the opinion of KR's CFO. According to the report, "Echoing statements from its 4Q, food inflation is in its early stages, grocers have been rational in passing it through, and, so far, consumers...
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Whole Foods Market Announces It Doesn't Do Artificial Coloring
Wednesday, March 30, 2011 - 2:14pm | 74In light of increased public awareness of and FDA hearings this week about artificial food dyes, Whole Foods Market (NASDAQ: WFMI) reminds shoppers that its strict quality standards have prohibited artificial food colorings since the 1980s. Whole Foods Market offers products that are not only free...
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Options Brief: Safeway Inc. (SWY)
Wednesday, March 30, 2011 - 11:45am | 87Shares of Safeway Inc. (NYSE: SWY) are higher on the session by 1.51%, trading at $23.52. Overall call volume is now running at 2.21x the daily average, with 81% of all calls traded being purchases on the offer. 2,651 contracts have traded on the session so far. Safeway Inc. is a food and drug...
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Citi Reports Genco Fleet Growth Continues
Wednesday, March 30, 2011 - 7:14am | 169According to Citi, Genco Shipping & Trading (NYSE: GNK) fleet growth continues. Citi reported that Genco has taken delivery of Genco Rhodes, a 58,000-dwt Supramax newbuild and the final delivery from its 13 Supramax fleet acquisition from Bourbon announced in 2010. “Rhodes will be chartered to...
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CEO Of Starbucks Plans Health And Wellness Strategy
Tuesday, March 29, 2011 - 2:01pm | 111According to Reuters, Starbucks (NASDAQ: SBUX) Chief Executive Howard Schultz said in a webcast that the company will soon unveil its new health and wellness strategy. The announcement regarding the health and wellness offerings typically appeal to higher wage earners. Companies like Whole Foods...
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Citi Raises SWY Target From $18 To $24
Tuesday, March 29, 2011 - 6:14am | 26Citi is raising its PT on shares of Safeway Inc. (NYSE: SWY) from $18 to $24. Safeway closed Monday at $22.34.
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Citigroup Upgrades Safeway To Hold, PT To $24
Tuesday, March 29, 2011 - 6:02am | 26Citigroup has upgraded Safeway (NYSE: SWY) from Sell to Hold and has raised the price target from $18 to $24.
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Citigroup Upgrades SWY To Hold
Tuesday, March 29, 2011 - 5:06am | 49Analysts at Citigroup upgrade Safeway Inc (NYSE: SWY) from “sell” to “hold.” The target price for SWY has been raised from $18 to $24. SWY shares dropped 1.54% to close at $22.34 yesterday. More Analyst Ratings here
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Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Monday, March 28, 2011 - 9:39am | 81Ingles Markets (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per...
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Merger Announced 03-21-2011
Monday, March 21, 2011 - 3:02pm | 882Cusick's Corner Earlier this morning optionsXpress and The Charles Schwab Corporation announced that they agreed to merge. I am excited about the new offerings and opportunities that may come from this merger. With that said, M&A is on the rise (see Bullish Flow) and blue chips are under...
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New 52-Week Highs
Monday, March 21, 2011 - 2:17pm | 114While the S&P 500 remains just below its 50-day moving average, a number of stocks in the index are experiencing nice breakouts today. Two examples are Caterpillar (CAT) and Whole Foods Market (WFMI). Caterpillar peaked along ... Go to http://SwingTradingDaily.com for full article, videos...
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7 Stocks Trading at a Huge Discount.
Monday, March 21, 2011 - 1:27pm | 210Here's one of your more traditional "Buffett-like" stock screens where I am essentially looking for companies selling well below their book value. The stocks below represent six companies that are trading at less than half its book value. A few of the stocks that stick out to me as having some...
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Some Reverse Stock Splits Actually Do Work
Monday, March 21, 2011 - 1:20pm | 114While the S&P 500 remains just below its 50-day moving average, a number of stocks in the index are experiencing nice breakouts today. Two examples are Caterpillar (CAT) and Whole Foods Market (WFMI). Caterpillar peaked along ... Go to http://SwingTradingDaily.com for full article, videos...
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The Safe Haven of Emerging Markets
Monday, March 21, 2011 - 11:50am | 114While the S&P 500 remains just below its 50-day moving average, a number of stocks in the index are experiencing nice breakouts today. Two examples are Caterpillar (CAT) and Whole Foods Market (WFMI). Caterpillar peaked along ... Go to http://SwingTradingDaily.com for full article, videos...
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Options Brief: SUPERVALU INC. (SVU)
Monday, March 21, 2011 - 10:29am | 100Shares of SUPERVALU INC. (NYSE: SVU) are higher on the session by 4.37%, trading at $8.48. Overall put volume is now running at 3.75x the daily average, with 6% of all puts traded being purchases on the offer. 12,475 contracts have traded on the session so far. SUPERVALU INC. is a United States...