Food Retail

The markets reversed early losses and surged back to the flat line. Thank the Federal Reserve and their buy programs once again. QE-2 continues to be used on a daily basis in what is called POMO. This stands for permanent open market operations. The Federal Reserve buys treasuries from the banks...

Whole Foods Market Inc (NASDAQ: WFMI) shares moved up 11.37% to $59.86 at 10:25 am. The volume of WFMI shares traded was 579% higher than normal. WFMI raised its 2011 projections for profit and sales. IPG Photonics Corporation (NASDAQ: IPGP) shares rose 25.53% to $43.62. The volume of IPGP shares...

Whole Foods Market Inc (NASDAQ: WFMI) shares gained 11.07% to create a new 52-week high of $59.70. WFMI raised its 2011 projections for profit and sales. Arris Group Inc (NASDAQ: ARRS) shares gained 4.70% to create a new 52-week high of $13.81. ARRS reported upbeat Q4 earnings. IPG Photonics...

Goldman Sachs has published a research report on Whole Foods Market, Inc. (NASDAQ: WFMI) after the company beat GS estimates during its first quarter of 2011. In the report, Goldman writes "Since reporting 4Q10 results, WFMI's shares will have increased roughly 23% based on the last trade post-...

Quite a few interesting reports last night, including a not so hot reaction to Akamai (AKAM) and quite positive earnings report from Whole Food Markets (WFMI), but much of the attention is focused on the 2nd disappointing report (in as many quarters) out of Cisco Systems (CSCO).  This has led to...

Jefferies raised its Whole Foods Market (NASDAQ: WFMI) price target to $64 from $60 in a research report published today. In the report, Jefferies states, "WFMI continues to deliver strong sales/earnings growth driven by increasing traffic and improved execution. While WFMI proved it can comp the...

Whole Foods Market Inc (NASDAQ: WFMI) rose 9.02% to $58.60 in the pre-market session. WFMI raised its 2011 projections for profit and sales. Progenics Pharmaceuticals Inc (NASDAQ: PGNX) added 8.20% to $6.20 in the pre-market session. PGNX had $58.39 million in total cash and no debt for the...

Jefferies & Company has lowered the price target on Whole Foods Market (NASDAQ: WFMI) from $64 to $60 and maintains its Buy rating.

US stock futures are lower this morning, as investors are awaiting earnings reports from many companies. Futures on the Dow Jones Industrial Average fell 49 points to 12,158.00 and S&P 500 futures dropped 7.90 points at 1,311.30. Futures on the Nasdaq 100 index dipped 21.75 points to 2,340.50...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Amarin (NASDAQ: AMRN) is a “speculative stock.” He added, “I think it's a don't-buy situation." He said that United Parcel Service (NYSE: UPS) is “going still higher. This is a great American company and they're going a fabulous...

Some of the stocks that may grab investor focus today are: Wall Street expects PepsiCo (NYSE: PEP) to report its Q4 EPS at $1.04 on revenue of $17.64 billion. PEP shares dropped 0.11% to $64.35 in after-hours trading. Cisco Systems Inc (NASDAQ: CSCO) reported its FQ2 net income at $1.52 billion, or...

CNBC Fast Money's Jon Najarian suggested to the viewers of the show to consider a long position in Safeway Inc. (NYSE: SWY). He owns call options. Safeway Inc. (SWY) gained 1.75% today, and closed at $21.56. Brian Kelly is bullish on silver, and he wants to buy iShares Silver Trust (ETF) (NYSE: SLV...

Whole Foods (NASDAQ: WFMI) is sharply higher today in post-market trading following the release of strong earnings numbers. Whole Foods announced a Street-estimate-beating EPS of $0.51/share. It also beat revenue consensus: $3B versus $2.99B consensus. The shares were trading sharply higher in post...

Whole Foods (NASDAQ: WFMI) Reports $0.51 EPS Vs. $0.46 Est.; Revenues $3B Vs. $2.99B Est. Whole Foods Market (NASDAQ: WFMI) today reported results for the 16-week first quarter ended January 16, 2011. Sales for the quarter increased 14% to $3.0 billion. Comparable and identical store sales...

Shares of Safeway Inc. (NYSE: SWY) are higher on the session by 1.79%, currently trading at $21.57. The stock has been moving largely lower over the past four months and is currently consolidating below the 200-day moving average. Options traders are buying calls on the name today. A short while...