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Casey's Completes Short Stop Acquisition of Six Stores
Thursday, October 28, 2010 - 2:15pm | 50Casey's General Stores, Inc. (Nasdaq: CASY) announces that the Company has completed the acquisition of six convenience stores in Iowa owned by J.D. Carpenter Companies, Inc. The stores operate under the Short Stop banner and will be immediately rebranded to Casey's.
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Initial and Continuing Claims Fall - Analyst Blog
Thursday, October 28, 2010 - 12:03pm | 1116Initial Claims for Unemployment Insurance fell by 21,000 last week to 435,000, the lowest level since July. The four-week moving average of new claims dropped by 5,500 to 453,250, also the lowest level since July. After peaking in the spring of 2009, claims fell rapidly until the end of the year....
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Whole Foods Market, Inc. (WFMI) rumor company will be take private with mgt and private equity deal said to be north of $55
Thursday, October 28, 2010 - 9:03am | 29Whole Foods Market, Inc. (WFMI) rumor company will be take private with mgt and private equity deal said to be north of $55.
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Weis Markets Approves Quarterly Dividend of $.29
Tuesday, October 26, 2010 - 2:04pm | 35Weis Markets, Inc.'s (NYSE: WMK) Board of Directors today declared a quarterly dividend of $.29 per share to shareholders of record as of November 5, 2010 payable on November 19, 2010.
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Chiquita (NYSE: CQB) Looks to Harvest Fresh Growth
Tuesday, October 26, 2010 - 1:25pm | 1195With seasonal apples virtually everywhere here in Vermont it's almost impossible not to think about the importance of fresh fruit in our diets. Of course, as an independent investor I spend as much time considering potential ways to profit from the fresh food movement as I do putting...
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Chiquita (NYSE: CQB) Looks to Harvest Fresh Growth
Tuesday, October 26, 2010 - 1:25pm | 1195With seasonal apples virtually everywhere here in Vermont it's almost impossible not to think about the importance of fresh fruit in our diets. Of course, as an independent investor I spend as much time considering potential ways to profit from the fresh food movement as I do putting...
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U.S. Bank and Kroger Partner to Provide Rewards
Monday, October 25, 2010 - 10:30am | 176U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB) and The Kroger Co. (NYSE: KR) today announced that U.S. Bank will issue credit cards and reloadable prepaid debit cards with rewards. Customers who shop at Kroger's family of stores – including Ralphs, Fred Meyer, Fry's, King Soopers, Dillons, QFC...
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Earnings Scorecard: Safeway - Analyst Blog
Friday, October 22, 2010 - 5:33pm | 872The announcement of Safeway Inc.'s (SWY) third quarter results on October 14, 2010, has triggered a downward revision of estimates among analysts. Third Quarter Highlights Safeway reported an EPS of 33 cents beating both the Zacks Consensus Estimate and year-ago quarter's EPS of 31 cents....
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Bearish MACD for SUPERVALU INC. - Tale of the Tape
Friday, October 22, 2010 - 9:33am | 111SUPERVALU INC.'s (SVU) MACD indicator has entered into bearish territory with a reading of -0.0430. The Zacks #5 Rank (“Strong Sell”) stock was almost unchanged at $10.56 in morning trade. The Zacks Consensus Estimate for the year ending February 2011 has decreased by 15 cents over the past week to...
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Benzinga's Top Downgrades (STX, DEG, LZB, ACL)
Thursday, October 21, 2010 - 7:45am | 139Seagate Technology Plc (NYSE: STX) was downgraded by Robert W Baird from "outperform" to "neutral." STX's shares closed at $15.21 yesterday. Seagate Technology's 52-week trading range is $9.84 - $21.58. Credit Suisse downgraded Delhaize Group (NYSE: DEG) from "neutral" to "underperform." DEG's...
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6 Potential Takeover Stocks
Wednesday, October 20, 2010 - 12:33pm | 280Below is a list of 6 potential takeover targets based on value and the ability to acquire the company. I do try to limit the size of the company so that there isn't anything like a Wal-Mart or Microsoft included. But all of the companies are 'acquirable' and have solid financials that would make...
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Puts Sold on Kroger (KR)
Wednesday, October 20, 2010 - 10:53am | 154Shares of The Kroger Co. (NYSE: KR) are higher on the session by 1.17%, currently trading at $21.67. The stock has been moving largely higher over the past five months, off of a recent low near $19.15. Shares seem to be basing above the 50 and 200-day moving averages, positioning for a break higher...
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SUPERVALU's Profit Shrinks - Analyst Blog
Tuesday, October 19, 2010 - 7:45pm | 593Supervalu Inc. (SVU), one of the largest grocery chains in the United States, delivered diminutive earnings for the second quarter of fiscal 2011. Quarterly earnings of 28 cents a share plunged 20% compared with $0.35 posted in the year-ago period. Earnings also missed the Zacks Consensus...
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SUPERVALU's Profit Shrinks - Analyst Blog
Tuesday, October 19, 2010 - 7:45pm | 593Supervalu Inc. (SVU), one of the largest grocery chains in the United States, delivered diminutive earnings for the second quarter of fiscal 2011. Quarterly earnings of 28 cents a share plunged 20% compared with $0.35 posted in the year-ago period. Earnings also missed the Zacks Consensus...
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SAC Capital Lowers Stake in CASY
Tuesday, October 19, 2010 - 3:29pm | 130According to a Securities and Exchange Filling, SAC Capital is reporting today that is has lowered its stake in convenience store operator Casey's General Stores, Inc. (NASDAQ: CASY). SAC Capital has a 7.6% stake, which is now 6.2%. Shares of CASY ended the session lower by 0.54%, trading at $42....