Food Retail

The Consumer Price Index (CPI) rose by 0.5% in December, a sharp rise from the 0.1% increase in November, and the 0.2% rise October. While that sounds bad, year over year it is up just 1.5%. Looking a little bit deeper, the problem is mostly with energy prices, which surged 4.6% a very sharp...

The Consumer Price Index (CPI) rose by 0.5% in December, a sharp rise from the 0.1% increase in November, and the 0.2% rise October. While that sounds bad, year over year it is up just 1.5%. Looking a little bit deeper, the problem is mostly with energy prices, which surged 4.6% a very sharp...

Ruddick Corporation's (RDK) share price has entered into oversold territory with a stochastic value of 17.52. The Zacks Consensus Estimate on the company's earnings for September 2011 increased by 2 cents over the past two months to $2.45 per share. Ruddick Corporation is a Zacks #2 Rank (“Buy”)...

Ruddick Corporation's (RDK) share price has entered into oversold territory with a stochastic value of 17.52. The Zacks Consensus Estimate on the company's earnings for September 2011 increased by 2 cents over the past two months to $2.45 per share. Ruddick Corporation is a Zacks #2 Rank (“Buy”)...

On Thursday, markets ended marginally lower and shed gains from the previous session. The dismal show of the indices yesterday was primarily due to disappointing economic data. However, successful bond auctions in Europe somewhat soothed investors' frayed nerves.    The Dow was down 0.2% and...

On Thursday, markets ended marginally lower and shed gains from the previous session. The dismal show of the indices yesterday was primarily due to disappointing economic data. However, successful bond auctions in Europe somewhat soothed investors' frayed nerves.    The Dow was down 0.2% and...

CNBC Fast Money's Guy Adami believes that Whole Foods Market, Inc. (NASDAQ: WFMI) will continue to move higher. Whole Foods Market, Inc. (WFMI) jumped 4.60% today, after Jefferies raised its estimates and price target for this stock. Joe Terranova said that Citi decided to put ConocoPhillips (NYSE...

On January 13, 2011, Casey's General Stores (NASDAQ: CASY) reported December 2010 same-store sales results for stores open for one full year. Same-store sales for prepared food and fountain increased 10.1%, and grocery and other merchandise increased 7.0% in December 2010 compared to December 2009...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Stocks Waver on Jobless Claims Stocks were mixed Thursday as a higher-than-expected rise in jobless claims took the shine off early earnings season momentum. The Dow Jones Industrial Average was down by 25...

Initial Claims for Unemployment Insurance rose by 35,000 last week to 445,000 (last week was also revised up by 1,000, so one could see it as a 36,000 increase). This was much worse than the expected level of 415,000. Could it be that the drop out of the trading range of the last month or so was...

Initial Claims for Unemployment Insurance rose by 35,000 last week to 445,000 (last week was also revised up by 1,000, so one could see it as a 36,000 increase). This was much worse than the expected level of 415,000. Could it be that the drop out of the trading range of the last month or so was...

Jefferies & Company has published a research report on Whole Foods Market (NASDAQ: WFMI) after the company reported positive spending trends throughout the holiday season in 2010. In the report, Jefferies writes "Our post holiday proprietary survey was quite strong suggesting positive trends in...

SuperValu Inc.'s (NYSE: SVU) weaker-than-expected 3Q performance suggests the road ahead remains quite difficult, Jefferies reports. “With the likelihood for more limited success with its price investments, we believe it may be time for management to consider more creative or aggressive actions...

Jefferies & Company has raised the price target on Whole Foods Market (NASDAQ: WFMI) from $47 to $60 and maintains its Buy rating.

Jefferies & Company has lowered the price target on Supervalu, Inc. (NYSE: SVU) from $12 to $8 and maintains its Hold rating.