Food Retail

Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors' nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone.   Indices gained modestly as bond insurer...

Management cut SuperValu Inc. (NYSE: SVU) FY (Feb '11) EPS guidance by $0.20 mid-to-mid to a range of $1.25 - $1.35 (ex- items), while ID sales, ex-fuel, guidance was cut to -6.0% from -5.5%, Deutsche Bank reports. “This was the 2nd sharp, downward revision to guidance in 3 months and underscores...

Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors' nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone.   Indices gained modestly as bond insurer...

Cusick's Corner The market could not garner any steam into the close and the spotty selling raised some red flags. The bid was present throughout the day, but earnings are going to be one catalyst that has not been in the markets over the past couple of sessions. Watch Large Cap stocks that are...

Cusick's Corner The market continues to flirt with levels that we have not seen in almost 3 years, 1278 on the SPX. It's worth noting that near the SPY's highs of 127.72, a large seller came in quickly on no news. The market has held its gains in spite of the pullback and the market action still...

Supervalu Inc. (SVU), one of the largest grocery chains in the United States, delivered lower-than-expected third-quarter 2011 earnings. The quarterly earnings of 24 cents a share plunged 52.9% compared with 51 cents posted in the year-ago period. The quarterly earnings also missed the Zacks...

Shares of AMAG Pharmaceuticals Inc (NASDAQ: AMAG) gained about 6%, as the drug sector's two key indexes were trading mixed. AMAG shares gained after analysts at Madison Williams upgraded the stock from “accumulate” to “buy.” However, shares of Allos Therapeutics Inc (NASDAQ: ALTH) dropped about 2%...

Supervalu Inc. (SVU), one of the largest grocery chains in the United States, delivered lower-than-expected third-quarter 2011 earnings. The quarterly earnings of 24 cents a share plunged 52.9% compared with 51 cents posted in the year-ago period. The quarterly earnings also missed the Zacks...

Shares of Safeway Inc. (NYSE: SWY) are lower on the session by 1.37%, trading at $20.87. Overall put volume is now running at 3.03x the daily average, with 56% of all puts traded being purchases on the offer. 1,532 contracts have traded on the session so far. Safeway Inc. is a food and drug...

Talbots Inc (The) (NYSE: TLB) dipped 18.63% to $6.16 at 10:10 am. TLB projected to report a Q4 adjusted loss of $0.15 to $0.19 per share. However, analysts were expecting the company to report a loss of $0.02 per share. ClickSoftware Technologies Ltd (NASDAQ: CKSW) fell 16.45% to $7.82. CKSW issued...

Citigroup has published a research report on Winn-Dixie Stores (NASDAQ: WINN) as the company is starting to implement improved pricing, merchandising, and customer insights. In the report, Citigroup writes "WINN has begun a strategic multi-year agreement with SAS to improve the technology behind...

Let's bang the drum once again to promote truth, transparency and integrity. In this rendition, let's collectively work to expose the Congressional coward, that is the United States Senator, who blocked the Whistleblower Protection Enhancement Act. In the process, Senator “Coward” took a stand...

Cusick's Corner Support – that's the key term to this market in the short-term. The market is holding support even after the data missed expectations Friday, the market held critical short-term support of 1260 on the S&P. I am watching the longer term trend lines to monitor any developments if...