Food Retail

For Immediate Release Chicago, IL – September 14, 2010 – Zacks.com Analyst Blog features: Laboratory Corporation of America Holdings (LH), Genzyme Corporation (GENZ), The Kroger Company (KR), Wal-Mart Stores Inc. (WMT) and Costco Wholesale Corporation (COST ). Get the most recent insight from Zacks...

Kroger (NYSE: KR) is likely to earn $0.36 per share on revenue of $18.73 billion in the second quarter. Best Buy Co Inc (NYSE: BBY) is expected to post its Q2 EPS of $0.44 on $11.65 billion in revenue. Pall Corp (NYSE: PLL) may post its FQ4 profit of $0.64 per share on revenue of $671.02 million. C...

The Kroger Company (KR), one of the largest US grocery retailers, is scheduled to report its second-quarter 2010 financial results on Tuesday, September 14, 2010. The current Zacks Consensus Estimate for the quarter is 36 cents a share.   First-Quarter 2010, a Synopsis   Kroger posted first-...

For Immediate Release Chicago, IL – September 13, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Oracle (ORCL), Federal Express (FDX), Discover Financial (DFS), Kroger's (KR), and Best Buy (BBY).To see more earnings analysis, visit http...

Jefferies & Co. is out with a research report for The Kroger Co. (NYSE: KR), saying it's a Buy over Supervalu (NYSE: SVU). In the research report, Jefferies writes, "We conducted a second proprietary survey of the supermarket industry and the results were once again notably positive for Kroger...

Earnings Preview 9/10/10 The second quarter earning season is over, and now we are getting the first of the third quarter. We define any fiscal period ending in August, September and October to be the third quarter. Still, we are just talking about a trickle of reports, just a total of 47 companies...

• Reports say 7-Eleven is planning a $40 per share bid for Casey's General Stores (NASDAQ: CASY), valued at $2 billion • Fitch upgraded its rating on BP (NYSE: BP) three notches to A with a Stable outlook, noting the "end to the threat of further leaks from the Macondo well" • Goldman Sachs (NYSE:...

A third party has entered the fray to acquire Casey's General Stores Inc. (CASY) at $40 per share, thereby making the bidding war a bit messy as Couche-Tard's is looking forward to participating in Casey's auction process. While management has not defined who the third party is, it is believed to...

UBS downgraded Intel (NASDAQ:INTC) to neutral from buy yesterday, lowering its 12-month price target to $19.50 from $28. UBS officials based this move on recent meetings with PC supply chain companies in Asia. They believe PC demand is weak in the near-term, which could negatively impact demand...

Geron Corporation (NASDAQ: GERN) rose 6.34% to $5.20 in the pre-market session. GERN’s quarterly sales surged 446.99% y/y. ARM Holdings (NASDAQ: ARMH) added 4.30% to $18.87 in the pre-market session. ARMH has launched a new high-end core processor Cortex-A15. Brocade Communications Systems (NASDAQ...

For Immediate Release Chicago, IL – September 9, 2010 – Zacks.com Analyst Blog features: Lincoln National Corporation (LNC), Hartford Financial Services Group Inc. (HIG), Deutsche Bank AG (DB), American International Group Inc. (AIG) and Casey’s General Stores Inc. (CASY ). Get the most recent...

Convenience stores operator, Casey’s General Stores Inc.’s (CASY) fiscal 2011 first-quarter GAAP net income declined 15.6% to $37.3 million from $44.2 million in the year-ago period. Excluding legal and advisory expenses related to the hostile takeover offer by Canadian convenience stores giant...

WSJ reports that 7-Eleven offered $40 per share ($2.03 billion) to acquire Casey's (NASDAQ: CASY).