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Morgan Keegan Reiterates Outperform and PT of $25 on the Pantry
Thursday, July 14, 2011 - 5:18am | 47Morgan Keegan reiterated its Outperform rating on the Pantry (NASDAQ: PTRY). At the same time, the rating agency maintained its price target on the company's stock at $25. On Wednesday, Pantry added 3.25% to its value to finish the day at $39.31.
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Benchmark Raising Estimates On The Pantry
Wednesday, July 13, 2011 - 6:50am | 228Benchmark Capital is raising its estimates on shares of The Pantry, Inc. (NASDAQ: PTRY). It has a Buy rating and a $24.50 price target on shares. In a note to clients, Benchmark Capital writes, "We increased our EPS estimate for 3Q11 to $1.24, from $0.98, as a sharp decline in fuel prices tends...
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SUPERVALU-Owned ALBERTSONS Stores Maintain Self Check-out Lanes
Monday, July 11, 2011 - 3:14pm | 105SUPERVALU (NYSE: SVU) today clarified that it is not removing the self check-out lanes from the 460 ALBERTSONS stores that it owns and operates in Idaho, Oregon, Montana, Nevada, Southern California, Utah, Washington state and Wyoming. During 4th of July week, several publications throughout the...
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NASDAQ Stocks Hitting 52-Week Highs
Monday, July 11, 2011 - 9:22am | 125Susser Holdings Corporation (NASDAQ: SUSS) shares rose 4.36% to create a new 52-week high of $18.33. SUSS' trailing-twelve-month revenue is $4.16 billion. Peet's Coffee & Tea Inc (NASDAQ: PEET) shares gained 1.05% to create a new 52-week high of $62.66. PEET had no debt for the recent quarter...
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Goldman Sachs Moves Whole Foods To Conviction Buy
Monday, July 11, 2011 - 7:05am | 142Goldman Sachs is moving Whole Foods Market (NASDAQ: WFMI) to Conviction Buy List. It raised the price target to $76 from $64. It upgraded the name from Neutral. In a note to clients, Goldman Sachs writes, "We upgrade WFM to Buy from Neutral and add it to our Conviction List with 18% upside to...
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High-Flying Breakout Plays for 7/7
Thursday, July 7, 2011 - 11:12am | 83Half of the trading day is already gone, but here are the setups that I like the most heading in the afternoon of trading. All seven plays are very strong, but on two of them, you will want to make sure volume picks up with the breakout. I actually got in BWS already this morning. Read more...
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Kroger and United Food and Commercial Workers Local 700 Ratify Agreements
Friday, July 1, 2011 - 2:31pm | 137Associates of Kroger's Central Division, an affiliate of The Kroger Co. (NYSE: KR), have ratified agreements with United Food and Commercial Workers Local 700. The agreements cover approximately 800 associates working in nine Kroger stores in Northwest Indiana. "Kroger and UFCW reached a good...
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Benzingas Top Downgrades
Monday, June 27, 2011 - 7:23am | 137Analysts at Nomura downgraded Koninklijke Philips Electronics NV (NYSE: PHG) from “buy” to “neutral.” PHG 's shares closed at $23.76 on Friday. PHG's trailing-twelve-month profit margin is 5.38%. Analysts at Ticonderoga downgraded Molex Incorporated (NASDAQ: MOLX) from “neutral” to “sell.” Molex's...
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JP Morgan Downgrades Delhaize Group To Underweight
Monday, June 27, 2011 - 6:35am | 20JP Morgan has downgraded Delhaize Group (NYSE: DEG) from Neutral to Underweight.
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Market Bubbles then Fizzes 06-21-2011
Tuesday, June 21, 2011 - 2:30pm | 1058Cusick's Corner Plop, Plop, Fizz, Fizz, - oh what a rally relief it is. The market has bubbled up and now pulled off the highs going into the Midday. The Housing data came in a little better than expected this morning but the market into the Midday hit resistance, 1291 on the S&P Continuous...
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10 Stocks Trading at a Huge Discount
Tuesday, June 21, 2011 - 7:01am | 585To Subject Sent Size Categories adam@shareplanner.com FW: {Disarmed} joseph pusateri canceled automatic payments to you Sun 9:08 PM 24 KB adam@shareplanner.com FW: {Disarmed} You received a payment Sun 9:07 PM 27 KB adam@shareplanner.com FW: {Disarmed} You received a payment Sun 9:06 PM 27 KB adam@...
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Citi Reiterates Hold on Kroger
Tuesday, June 21, 2011 - 6:26am | 147Citi is out with its report today on Kroger (NYSE: KR), reiterating Hold. In a note to clients, Citi writes, "While KR has generated strong comps for 30 straight quarters including a +4.6% gain in 1Q11 ex-fuel, EPS growth has lagged in recent years. However, we believe that the company's...
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Goldman Sachs Increases Estimates On Kroger
Friday, June 17, 2011 - 8:22am | 101According to Goldman Sachs, Kroger Company (NYSE: KR) is increasing its FY2011/FY2012/FY2013 estimates from $1.90/$2.06/$2.20 to $1.93/$2.09/$2.23 to partially flow through the $0.05 beat, as it remains concerned that escalating inflation in the back half of the year may prove too great to pass...
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UPDATE: Jefferies Raises PT on Kroger to $28
Friday, June 17, 2011 - 7:14am | 128Jefferies is out with its report today on Kroger (NYSE: KR), raising its PT from $27 to $28. In a note to clients, Jefferies writes, "Kroger reported better-than-expected 1Q results driven largely by strong ex-fuel ID sales and solid cost control. It is evident that the company continues to...
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Deutsche Bank Raises PT On KR To $28
Friday, June 17, 2011 - 6:54am | 126Deutsche Bank has raised its price target on Kroger (NYSE: KR) from $27 to $28 after the company reported a solid Q1. Deutsche Bank maintains a Buy rating on the stock. In the report, Deutsche Bank writes, “Kroger reported a very solid Q1, with EPS beating Consensus by $0.06, driven by stronger-...