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J.P. Morgan Initiates TFM Coverage With A Neutral Rating
Wednesday, December 15, 2010 - 11:17am | 122Read More...J.P. Morgan is initiating coverage of The Fresh Market, Inc. (NASDAQ: TFM) with a Neutral rating. “While we are big fans of the concept, management team, growth prospects, and upper-income niche – we believe the stock already discounts many of these favorable traits – trading at 33.3x our 2011E EPS...
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Goldman Sachs Resumes Whole Foods Coverage; Neutral-Rated, $47 PT
Wednesday, December 15, 2010 - 8:50am | 80Read More...Goldman Sachs is resuming coverage of Whole Foods Market, Inc. (NASDAQ: WFMI) with a Neutral rating and a 12-month price target of $47, equating to 4% downside. “WFMI offers a compelling fundamental story as it is poised to benefit from ongoing secular trends of healthy eating that should power...
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Goldman Sachs Resumes Kroger Coverage; Buy-Rated, $25 PT
Wednesday, December 15, 2010 - 8:43am | 31Read More...Goldman Sachs has resumed coverage of Kroger (NYSE: KR) with a Buy rating and a 12-month price target of $25. Kroger closed Tuesday at $21.00.
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Goldman Resumes Whole Foods At Neutral
Wednesday, December 15, 2010 - 8:07am | 24Read More...Goldman Sachs has resumed coverage on Whole Foods Market, Inc. (NASDAQ: WFMI) with a Neutral rating.
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Goldman Resumes Coverage On Kroger At Buy
Wednesday, December 15, 2010 - 8:05am | 22Read More...Goldman Sachs has resumed coverage on Kroger Company (NYSE: KR) with a Buy rating.
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Goldman Resumes Coverage On Safeway At Buy
Wednesday, December 15, 2010 - 8:04am | 22Read More...Goldman Sachs has resumed coverage on Safeway Inc. (NYSE: SWY) with a Buy rating.
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Earnings Scheduled For December 14 (IPSU, BBY, HOV, PTRY, ASFI, SAFM, RICK)
Tuesday, December 14, 2010 - 6:34am | 189Read More...Imperial Sugar Company (NASDAQ: IPSU) is expected to post a FQ4 loss of $0.24 per share on revenue of $272.96 million. Best Buy (NYSE: BBY) is likely to report its Q3 EPS at $0.61 on revenue of $12.47 billion. Hovnanian (NYSE: HOV) to post a Q4 loss of $0.66 per share on revenue of $288.05 million...
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Zings Of The Day (GAP, WMT)
Monday, December 13, 2010 - 5:01pm | 86Read More...A&P (NYSE: GAP) filed for bankruptcy over the weekend, as reported in the Wall Street Journal. If I purchase some debt, can I get free food shopping? Wal-Mart (NYSE: WMT) shut its Russian business offices, citing no acquisition targets in the country. In Soviet Russia, acquisition targets you.
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Citi Comments On Great Atlantic & Pacific Tea's Potential Bankruptcy
Monday, December 13, 2010 - 9:42am | 127Read More...There was speculation in the press today surrounding Great Atlantic & Pacific Tea Co. (NYSE: GAP) filing to reorganize under court protection as soon as this weekend. According to a Bloomberg article, A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with...
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A&P Files For Bankruptcy
Monday, December 13, 2010 - 9:12am | 206Read More...So long to one of America's oldest and most well known supermarkets. At last in current form. Great A&P Tea (NYSE: GAP) announced last night it was filing for Chapter 11 reorganization to facilitate financial and operational restructuring. A&P was once the country's largest grocery store,...
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A&P Halted; Company Expected To File Chapter 11 (GAP)
Friday, December 10, 2010 - 3:39pm | 59Read More...Shares of The Great Atlantic & Pacific Tea Company (NYSE: GAP) have been halted after a 67% plunge on Friday. The company is expected to file Chapter 11 bankruptcy. ZeroHedge is reporting that the company needs to refinance roughly USD 391m of notes that mature in 2011 and 2012, including USD...
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Hearing Great Atlantic & Pacific Tea Company Halted (GAJ, GAP)
Friday, December 10, 2010 - 2:29pm | 31Read More...Great Atlantic & Pacific Tea Company (NYSE: GAP) (NYSE: GAJ) has halted for trading, news pending.
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Trading Halted: The Great Atlantic & Pacific Tea Company - news pending
Friday, December 10, 2010 - 2:28pm | 21Read More...The Great Atlantic & Pacific Tea Company (NYSE: GAP) trading is halted, news pending
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Options Brief: The Great Atlantic & Pacific Tea Company (GAP)
Friday, December 10, 2010 - 11:45am | 82Read More...Shares of The Great Atlantic & Pacific Tea Company (NYSE: GAP) are lower on the session by 54.77%, trading at $1.28. Overall put volume is now running at 2.56x the daily average, with 63% of all puts traded being purchases on the offer. 6,351 contracts have traded on the session so far. The...
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Supermarket Filing Bankruptcy
Friday, December 10, 2010 - 11:19am | 80Read More...Another one bites the dust. Maybe. The Great Atlantic & Pacific Tea Company, Inc. (NYSE: GAP) is going to file bankruptcy, reports Bloomberg. Shares are plunging on this news, down nearly 40%. Zero Hedge tweeted that Philip Faclone's Harbinger fund was reported to have a major position in...
