Food Retail

According to a report from TD Newcrest, Casey's General Stores (NASDAQ: CASY) has "received a preliminary proposal from a strategic third party regarding a consensual transaction at $40 per share in cash." The company indicated that the bid "substantially undervalues" Casey's but its Board has "...

Alimentation Couche-Tard Inc. today announced that it has reached an agreement in principle with the staff of the Federal Trade Commission in connection with Couche-Tard's tender offer, through an indirect wholly owned subsidiary, to acquire all of the outstanding shares of common stock of Casey's...

EPS of $0.81 Per Share, Excluding Fees Related to Unsolicited Couche-Tard Offer Quarterly Dividend Increases 35% Following Successful Recapitalization Signs Commitments to Acquire 52 Stores – Company Ahead of Schedule in Achieving Fiscal 2011 Goal of 4-6% Increase of Total Stores Casey’s General...

Phillips-Van Heusen (NYSE: PVH) is expected to report its FQ2 earnings of $0.55 per share on revenue of $1.09 billion. Flow International Corp (NASDAQ: FLOW) may post its Q1 loss of $0.02 per share on $44.38 million in revenue. China Mass Media Corp (NYSE: CMM) is estimated to report its latest...

Some of the stocks that may grab the investor focus today are: Wall Street expects Phillips-Van Heusen (NYSE: PVH) to report its FQ2 earnings of $0.55 per share. PVH’s shares gained 0.10% to $51.15 in after-hours trading. AMR Corp (NYSE: AMR) reported a 3.1% rise in its August traffic, after the...

After a meeting at Safeway (NYSE: SWY) headquarters, Morgan Stanley reports price declines weighing on same store sales should start to fade as the company laps last year's price corrections. Risk to 2H gross margins as the operating environment remains difficult and the company will need both a...

For Immediate Release Chicago, IL –September 1, 2010 – Zacks Equity Research highlights: AutoNation (AN) as the Bull of the Day and BJ's Wholesale Club (BJ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on International Paper (IP), Berkshire Hathaway (BRK.B) and Winn-...

Casey’s General Stores, Inc. (NASDAQ: CASY) today advised its shareholders not to take any action regarding the revised tender offer announced today by Alimentation Couche-Tard Inc. to acquire all of the outstanding shares of Casey’s for $38.50 per share in cash. The Casey’s Board of Directors has...

Among the stocks that are moving higher in the after hours trading session on Tuesday are Seagate Technology (NASDAQ: STX), Netflix (NASDAQ: NFLX), Whole Foods (NASDAQ: WFMI), and Gilead Sciences (NASDAQ: GILD). Seagate Technolgy (STX) has jumped 3.16% to $10.46. Volume has been fairly heavy, with...

Winn-Dixie Stores Inc. (WINN) reported fiscal 2010 fourth-quarter results after the closing bell on Monday. Net income jumped 48.8% to $14.0 million or 25 cents per share from $9.4 million or 17 cents per share in the year-ago period. Quarterly earnings also surpassed the Zacks Consensus Estimate...

Winn Dixie (NASDAQ: WINN) released its quarterly earnings numbers yesterday after the closing bell. The company reported earnings per share of $0.25. Adjusted EBITDA was $41.3 million versus consensus of $38.1 million. Citigroup analysts are lowering their price target on the stock after this...

The Kroger Co. (NYSE: KR) will host a conference call with investors on Tuesday, September 14, 2010 at 10 a.m. (ET) to discuss financial results for the second quarter of fiscal 2010.

Casey’s General Stores, Inc. (NASDAQ: CASY) today issued the following statement regarding the extension by Alimentation Couche-Tard Inc. of its non-binding, unsolicited $36.75 per share tender offer and Couche-Tard’s statement that only 546,435 shares of Casey’s common stock, which represent...

Some of the stocks that may grab the investor focus today are: Wall Street expects Dollar General (NYSE: DG) to post its Q2 EPS at $0.39. DG’s shares lost 2.53% to close at $27.38 yesterday. Donaldson Co (NYSE: DCI) reported its FQ4 net income at $0.65 per share, up from $0.30 per share, in the...

It has been a quiet after hours trading session. Very little news has come out to significantly impact many stocks, and only a handful of companies released earnings reports today after the close. The stocks that have moved on some volume, however, are covered below. J.A Solar (NASDAQ: JASO) has...