Food Retail

US stock futures are lower this morning. Investors are awaiting comments from Federal Reserve Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average dropped 22 points to 12,174.00, while those for the S&P 500 index declined 4.9 points to 1,316.80. Futures for the Nasdaq 100 index...

MetLife (NYSE: MET) is expected to post its Q4 EPS at $1.10 on revenue of $13.50 billion. Coca-Cola (NYSE: KO) is projected to report its Q4 EPS at $0.72 on revenue of $9.75 billion. Northrop Grumman (NYSE: NOC) is projected to report its Q4 earnings at $1.01 per share on revenue of $8.80 billion...

Some of the stocks that may grab investor focus today are: Wall Street expects Coca-Cola (NYSE: KO) to report its Q4 EPS at $0.72 on revenue of $9.75 billion. KO shares gained 0.48% to $63.17 in after-hours trading. Walt Disney Company (NYSE: DIS) reported its Q1 profit at $1.33 billion, or $0.68...

Cusick's Corner The market continued to chop into the After Hours, there was a lack of buying on the highs in the major indices, S&P March futures closed 1320. Energy, CLH11, was really the only market under pressure, primarily because of the strength in the greenback. 2011 will be a timers...

Cusick's Corner The market is continuing its grind higher in spite of the rate hike in China and the strike by workers in the Suez Canal. While it is hard to say that a top is in place, I am getting a sense that this grinding move higher is more like a high noon showdown between the bulls and the...

Lululemon Athletica Inc (NASDAQ: LULU) shares gained 2.88% to create a new 52-week high of $80.65. LULU shares have surged 195.03% over the past 52 weeks, while the S&P 500 index has gained 24.82% in the same period. Synchronoss Technologies Inc (NASDAQ: SNCR) shares rose 10.24% to touch a new...

Shares of beaten down grocery chain, SuperValu (NYSE: SVU), are getting a big pop on Thursday as short sellers are likely rushing to cover their profitable bets. SVU has lost more than 25% in just 3-months and more than 46% in the last year.

Weis Markets, Inc. (NYSE: WMK) today reported an 8.7% increase in its fiscal year 2010 net income and said its earnings per share for the year increased $.21 to $2.54 per share compared to the same period a year ago. For the 52-week period ending December 25, 2010, the Company's net income totaled...

Initial Claims for Unemployment Insurance fell by 42,000 last week to 415,000 (last week was revised up by 3,000, so one could see it as a 39,000 decline). This was a bit better than the expected level of 425,000. This is a welcome turnaround, but only partially negates last week's big increase....

Initial Claims for Unemployment Insurance fell by 42,000 last week to 415,000 (last week was revised up by 3,000, so one could see it as a 39,000 decline). This was a bit better than the expected level of 425,000. This is a welcome turnaround, but only partially negates last week's big increase....

Shares of Safeway Inc. (NYSE: SWY) are higher on the session by 0.73%, trading at $20.66. Overall put volume is now running at 2.79x the daily average, with 32% of all puts traded being purchases on the offer. 3,869 contracts have traded on the session so far. Safeway Inc. is a food and drug...

SUPERVALU Inc. (SVU) reported lower-than-expected earnings of $0.24 per share in the third quarter of fiscal 2010. Earnings declined 52.9% year-over-year and were 22.6% lower than the Zacks Consensus Estimate of $0.31. Net sales for the quarter declined 5.9% year-over-year to $8,673 million...

SUPERVALU Inc. (SVU) reported lower-than-expected earnings of $0.24 per share in the third quarter of fiscal 2010. Earnings declined 52.9% year-over-year and were 22.6% lower than the Zacks Consensus Estimate of $0.31. Net sales for the quarter declined 5.9% year-over-year to $8,673 million...

Initial Claims for Unemployment Insurance rose by 51,000 last week to 454,000 (last week was revised down by 1,000, so one could see it as a 50,000 increase). This was much worse than the expected level of 410,000. This is an unwelcome turnaround, and more than negates last week's big drop. This is...