Food Retail

Ruddick Corporation (RDK) recently delivered its sixth consecutive positive earnings surprise as business continues to improve. The stock has risen almost 50% year-to-date, but because estimates continue to rise too, valuation remains in check. The company also recently announced its first...

Ruddick Corporation (RDK) recently delivered its sixth consecutive positive earnings surprise as business continues to improve. The stock has risen almost 50% year-to-date, but because estimates continue to rise too, valuation remains in check. The company also recently announced its first...

The Consumer Price Index (CPI) rose by just 0.1% in November, down from 0.2% October. Even with the 0.1% increase in September, year over year it is up just 1.1%. Energy prices, were surprisingly well behaved in the month, rising just 0.2% after having surged 2.6% in October on top of a 0.7%...

The Consumer Price Index (CPI) rose by just 0.1% in November, down from 0.2% October. Even with the 0.1% increase in September, year over year it is up just 1.1%. Energy prices, were surprisingly well behaved in the month, rising just 0.2% after having surged 2.6% in October on top of a 0.7%...

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...

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...

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.

Goldman Sachs has resumed coverage on Whole Foods Market, Inc. (NASDAQ: WFMI) with a Neutral rating.

Goldman Sachs has resumed coverage on Kroger Company (NYSE: KR) with a Buy rating.

Goldman Sachs has resumed coverage on Safeway Inc. (NYSE: SWY) with a Buy rating.

Cusick's Corner The market hit resistance late in the day, broke it for a short time but pulled back to breakeven for the day. Now this is just a plateau that at this stage might be a healthy rest in a bigger uptrend. Tech (SMH), Transports and Retail (XRT) all showed intraday weakness. Retail,...

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...