Food Retail

Morgan Keegan reiterated its Outperform rating on Susser Holdings (NASDAQ: SUSS). At the moment, the rating agency has a price target of $20 placed on the company's stock. On Monday, SUSS lost 1.35% of its value to finish the day at $16.09.

Here'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 7 companies that are trading at less than three-quarters its book value. Last time we ran this screen and said to pay close...

Citi reiterated its Hold rating on Safeway (NYSE: SWY). At the same time, the rating agency left its price target on the company's stock unchanged at $23. On Wednesday, SWY lost 0.59% of its value to end the day at $20.33.

The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...

Cusick's Corner We finished right on the lows and the bureaucrats in Washington still think that it is ok to continue to play Deficit Chicken. The pullback in the Buck was something that caught my eye and explained the run in the Commodities, XLE/DBC/FCX, so these are the sectors that investment...

Cusick's Corner This is frustrating, choppy action in the markets today and when they start acting like this you really want to keep your focus and patience on positioning. Gold traders, GLD, are the most frustrated, this market looks like it should just turn over but just has not turned south,...

Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....

Supervalu Inc (NYSE: SVU) reported a 10% rise in its first-quarter net income. Supervalu reported its quarterly earnings at $74 million, or $0.35 per share, up from $67 million, or $0.31 per share, in the year-ago period. Excluding charges for closing stores and a labor dispute, Supervalu's...

Lockheed Martin Corporation (NYSE: LMT) is projected to report its Q2 EPS at $1.93 on revenue of $11.42 billion. Ford Motor Company (NYSE: F) is estimated to report its Q2 earnings at $0.60 per share on revenue of $31.59 billion. Eastman Kodak Company (NYSE: EK) is expected to report a Q2 loss...

Cusick's Corner Just like the infamous lyrics from the rock band Europe, "we are in the Final Countdown" and we have republicans and democrats making loop de loops while the Fed prepares to miss a payment, and at whose expense? Ours? Washington has one shot to get this right before they form a...

This is your Benzinga news summary and traders' outlook for Monday, July 25, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after Congress failed to work out a deal to raise the debt ceiling over...

International Paper Company (NYSE: IP) dipped 3.86% to $29.67 in the pre-market session. IP's trailing-twelve-month profit margin is 4.46%. Chesapeake Energy Corporation (NYSE: CHK) lost 2.38% to $33.57 in the pre-market session. CHK's trailing-twelve-month ROE is 6.42%. Safeway Inc (NYSE: SWY)...

United Natural Foods, Inc. (Nasdaq: UNFI) today announced that it has signed a three-year distribution agreement with Safeway Inc. (NYSE: SWY). A brief transition period from Safeway's current distributors is expected, which will coincide with the termination of the current distributors'...

First Global is out with its report today on Safeway (NYSE: SWY), reiterating Underperform. In a note to clients, First Global writes, "On the valuation front, the stock currently trades at a P/E of 12.2x our CY11 proforma diluted EPS of $1.72 and an EV/EBIDTA of 4.2x our CY11 estimates, which...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...