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Credit Suisse Updates 6/17
Friday, June 17, 2011 - 6:32am | 714Credit Suisse made a number of updates in today's research report. Diana Shipping (NYSE: DSX) was downgraded to Underperform from Outperform. At the same time, its price target was reduced to $8 from $15. In the report, Credit Suisse states, "We are downgrading DSX to Underperform (from...
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Citigroup Raises PT On Kroger To $26
Friday, June 17, 2011 - 6:01am | 25Citigroup has raised the price target on Kroger (NYSE: KR) from $23 to $26 and maintains its Hold rating.
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Jefferies Raises PT On Kroger To $28
Friday, June 17, 2011 - 5:11am | 26Jefferies & Company has raised the price target on Kroger (NYSE: KR) from $27 to $28 and maintains its Buy rating.
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Kroger Reports First Quarter 2011 Results
Thursday, June 16, 2011 - 8:35am | 108The Kroger Co. (NYSE: KR) today reported total sales, including fuel, increased 11.0% to $27.5 billion in the first quarter of fiscal 2011 compared with $24.7 billion for the same period last year. In the first quarter, which ended May 21, 2011, total sales, excluding fuel, increased 4.8% over the...
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Kroger Trading Over 4% Higher After Reporting Quarterly Results and Upping Guidance
Thursday, June 16, 2011 - 8:33am | 59Kroger (NYSE: KR) updated its identical supermarket sales and earnings guidance for fiscal 2011. The company now expects identical supermarket sales growth, excluding fuel, of 3.5% to 4.5% for the year. The previous guidance range was 3% to 4%. Read more here.
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UPDATE: Kroger Increases Fiscal 2011 EPS Guidance
Thursday, June 16, 2011 - 7:48am | 100Kroger (NYSE: KR) updated its identical supermarket sales and earnings guidance for fiscal 2011. The company now expects identical supermarket sales growth, excluding fuel, of 3.5% to 4.5% for the year. The previous guidance range was 3% to 4%. For the full year, Kroger increased its earnings...
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News Summary for June 16, 2011
Thursday, June 16, 2011 - 7:22am | 302This is your Benzinga news summary and traders' outlook for Thursday, June 16, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after the markets posted over a 1.5% loss yesterday. The U.S. dollar...
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Earnings Scheduled For June 16
Thursday, June 16, 2011 - 12:03am | 261Research In Motion Limited (NASDAQ: RIMM) is expected to post its Q1 EPS at $1.32 on revenue of $5.15 billion. Winnebago Industries Inc (NYSE: WGO) is projected to report its Q3 EPS at $0.13 on revenue of $151.43 million. Smithfield Foods Inc (NYSE: SFD) is expected to report its Q4 earnings at $...
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Stocks To Watch For June 16
Wednesday, June 15, 2011 - 11:55pm | 278Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q1 EPS at $0.64 on revenue of $26.48 billion. KR shares surged 2.75% to $23.58 in after-hours trading. Finisar Corp (NASDAQ: FNSR) issued downbeat projections for the first...
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Goldman Sachs Maintains Neutral on Kroger
Wednesday, June 15, 2011 - 8:39am | 103Goldman Sachs is out with its report today on Kroger (NYSE: KR), maintaining Neutral. In a note to clients, Goldman Sachs writes, "For KR, we see an easier set-up given the stock has retreated 9% over the past two weeks (vs. -4% S&P 500). While we see a favorable risk-reward into the print, we...
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Bank of America Raises PO On Casey's General Stores To $47
Wednesday, June 15, 2011 - 5:37am | 29Bank of America has raised the price objective on Casey's General Stores (NASDAQ: CASY) from $43 to $47 and maintains its Neutral rating.
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Support Held - Harami Confirmed 06-14-2011
Tuesday, June 14, 2011 - 5:55pm | 948Cusick's Corner Support held. The Harami that formed on yesterday's close was confirmed and the market turned up. (You can get more info about the Harami pattern on the Educate Center > Stocks > Level 2 > Bullish Candlesticks.) Will the bullishness last? As I said earlier, shorts are getting...
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Puts Purchased on Safeway Inc.
Tuesday, June 14, 2011 - 2:32pm | 136Shares of Safeway Inc. (NYSE: SWY) are higher on the session by 0.09%, currently trading at $22.21. The stock has been moving largely higher over the past four months, but it is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while...
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Calls Purchased on The Kroger Co.
Tuesday, June 14, 2011 - 10:14am | 139Shares of The Kroger Co. (NYSE: KR) are lower on the session by 0.85%, currently trading at $23.21. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Jefferies Provides Color on Safeway, Hold
Tuesday, June 14, 2011 - 8:06am | 160Jefferies provided color on Safeway (NYSE: SWY) after a meeting with the company's management. In a research report published today, Jefferies stressed it believes the company has made a number of good investments in recent times, but it will still take some time for them to make a full impact on...