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Foods: Ralcorp And Chiquita Look Yummy (RAH, CQB, SWY, HNZ, THS, KR, K)
Monday, January 25, 2010 - 2:18pm | 181Analysts at Janney Capital Markets, in a recent note on the Foods industry, have rated Ralcorp (NYSE: RAH) and Chiquita (NYSE: CQB) as the best stocks around. Both Ralcorp and Chiquita have been rated as Buy while Safeway (NYSE: SWY) and Heinz (NYSE: HNZ) have been rated as Neutral. With input...
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2009 To Mark The Bottom For Supervalu’s (SVU) Earnings
Tuesday, January 19, 2010 - 10:57am | 108Standpoint Research initiated coverage on Supervalu Inc. (NYSE: SVU) with a Buy rating and a 12 month price target of $30. The firm believes that retail (food) stocks have in general been a laggard during the current bull-run and Supervalu has been no exception to this trend. According to the firm...
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Top 5 Mid-Cap Stocks In The Services Sector With The Highest Revenue Estimates (DEG, ABC, SWY, ENL, SVU)
Tuesday, January 19, 2010 - 5:56am | 311Below are the top 5 mid-cap services stocks on the NASDAQ and the NYSE in terms of revenue estimates. The revenue estimates for Delhaize Group (NYSE: DEG) for the December quarter are $29.39 billion. DEG’s market capitalization is $7.76 billion. DEG’s quarterly earnings growth is 28.00% y/y. Read...
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Great Atlantic & Pacific Tea Company Post Losses in Q3 (GAP)
Tuesday, January 12, 2010 - 3:29pm | 104Great Atlantic and Pacific Tea Co.(NYSE: GAP) continued to post a huge loss in the third quarter. This was largely because of the write off of Pathmark division as its sales were subpar and hence there was no leverage. Low margins and one time charges were other reasons for this loss. For the...
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Great Atlantic Posts Major Loss, Rival Supervalu Exceeds Expectations
Tuesday, January 12, 2010 - 2:32pm | 242Great Atlantic Posts Major Loss, Rival Supervalu Exceeds Expectations The parent company of the A&P and Pathmark, Great Atlantic & Pacific Tea Co. (NYSE: GAP), fell far short of analysts projections when it reported a net loss of $559.6 million for the quarter ended on December 5, 2009....
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Stock Market News for January 12, 2010 - Market News
Tuesday, January 12, 2010 - 9:23am | 401U.S. markets ended Monday on a mixed note as an advance in industrial stocks, helped by a record rise in Chinese exports, was offset by a selloff in technology shares. Stocks seesawed in a narrow range as traders refrained from making big moves ahead of the upcoming earnings season. After the bell...
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Not Much Value In SuperValu (SVU)
Monday, January 11, 2010 - 11:51am | 109Analysts at Pali Capital belive that SuperValu Inc (NYSE: SVU) will continue to underperform and have rated the stock as Sell with a price target of $12. SuperValu’s poor relative positioning coupled with an adverse business environment characterized by deflation, high unemployment and increased...
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Protective Puts Bought in Kroger
Monday, January 11, 2010 - 9:59am | 123Several stocks have textbook charts, making trading in them extremely easy, Kroger (NYSE: KR) is one of them. The chart has been on a stair-step slide for the better part of three years, with the company currently holding another “stair” level around the $20 handle. If Kroger were to break below...
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Specialty Apparel Retailers Expected To Shine (CHS, GAP, PSUN)
Monday, December 28, 2009 - 8:58am | 157Analysts at FBR Capital Markets expect specialty retailers to outperform the market in the coming year. Chico’s Inc (NYSE: CHS) has been assigned an outperform rating. Chico’s Inc, as on December 26, ended its offers of 20% off on entire purchases online and 25% off on purchases in stores as...
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Whole Foods (WFMI) Selling Well On Rational Prices
Monday, December 21, 2009 - 2:56pm | 138Longbow Research has come out with the update to the Whole Foods (NASDAQ: WFMI) survey results, done as a part of the coverage launch on Whole Foods. The price target has been set at $35, nearly 30% above current prices. Fewer respondents cited discounting activity versus a year ago, compared to...
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Kroger Co. (KR) – A Good Long Term Bet
Friday, December 18, 2009 - 4:20pm | 103Retail analysts at Credit Suisse have rated Kroger Co. (NYSE: KR) as Outperform and stated a price target of $26.00 for the script. Kroger historically is known to sacrifice the occasional quarter for long term gains. Thus this provides buying opportunities for the stock. Kroger is also changing...
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New 52-Week Lows (SCMR, VLNC, PTRY, NEXS)
Wednesday, December 16, 2009 - 12:30pm | 134Sycamore Networks, Inc. (NASDAQ: SCMR) surged 4.55% to $2.07. SCMR today has made a new 52-week low at $1.93. So far this year SCMR is down over 232. Valence Technology, Inc. (NASDAQ: VLNC) is another stock which made a new 52 week low at $0.84 and now trades at $0.979, rose 13.86% on. In the last...
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Credit Suisse: Deflation Remains Near Peak Levels
Tuesday, December 15, 2009 - 7:37am | 73Credit Suisse released its pricing survey report and noted that deflation remained near the peak levels. November was the third consecutive month of deflation and the total basket prices (average across Dallas and Chicago markets) in November declined -2.4% versus -2.6% y/y sales in October....
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Top 5 Mid-Cap NYSE Stocks with Highest Sales (ttm) (ABC, VLO, AIG, SVU, BG)
Thursday, December 10, 2009 - 10:38am | 190Below are the top 5 mid-cap stocks on the NYSE in terms of sales (ttm). The trailing-twelve-month sales figure for AmerisourceBergen Corporation (NYSE: ABC) is $71.76 billion. ABC’s market capitalization is $7.06 billion. Bernstein upgraded ABC from “underperform” to “market perform.” The trailing-...
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KR’s Q3 Earnings Hurt by Stiff Competition
Thursday, December 10, 2009 - 1:20am | 122Analyst Meredith Adler of Barclays Capital maintains his “overweight” rating on Kroger Co (NYSE: KR), while reducing his estimates for the company. The target price for KR has been reduced from $28 to $26. KR has reported its Q3 EPS significantly short of expectations due to stiff competition in...