Food Retail

Although most of my short sales in weekly newsletter EPIC Insights are based on technical analysis, I will also use fundamental factors to influence my decisions, as when I opted to short Whole Foods Market (WFMI). A purveyor of high-end groceries, WFMI appeared to be a company that would be hurt...

Below are interesting mid-cap stocks on the NYSE and NASDAQ that have highest revenue expectations for the next quarter. The revenue expectations for Delhaize Group (NYSE: DEG) for the next quarter is $29.39 billion. RAD has a market capitalization of $7.76 billion. JP Morgan upgraded DEG from “...

Whole Foods Market, Inc. (NASDAQ: WFMI) was today upgraded by BMO Capital Markets from Market Perform to Outperform. WFMI is now trading at $26.48, 1.03% up in the morning trading hours. In 2009, WFMI climbed over 179%. Advanced Micro Devices, Inc. (NYSE: AMD) fell 3.42% to $7.07 on 540K shares....

• Priceline.com (NASDAQ:PCLN) reported adjusted third quarter earnings of $3.45 a share, 55 cents above consensus estimates, on better-than-expected revenues of $730.7 million, ahead of estimates of $$693.97 million on strong summer season travel. The firm provided fourth quarter guidance at about...

Goldman Sachs sees Kroger (NYSE: KR) rising 14%, on inflation and solid fundamentals. On that note, Goldman is adding Kroger to its Conviction Buy List. Goldman believes a return to moderate food inflation (versus deflation today) will benefit the entire sector and that Kroger, as the industry...

Several high profile initial public offerings are scheduled for the next few weeks. One we’re watching with particular interest is Dollar General. A discount retailer, Dollar General is expected to sell 34 million shares between $21-$23 next Friday, November 13th. The stock will trade on the New...

Baidu, Inc.(ADR) (NASDAQ: BIDU) fell 13.16% to $376 after it reports Q3 EPS of $2.16, ex-items, versus the analyst estimate of $1.81. Revenue for the quarter was $187.3 million, which compares to the estimate of $187.79 million. It sees Q4 sales of $174-$180 million, versus the consensus of $202.9...

Marshall & Ilsley Corporation (NYSE: MI) plunged 11.14% to $6.38 huge volume of 4.70 million share after Tuesday that it lost $248 million, or 68 cents a share. In the same period last year Marshall & Ilsley lost $83 million, or 32 cents a share. Analysts polled by FactSet Research...

Bernard Lirola of Needham Growth is currently buying retail stocks and industrial stocks. They think that retail stocks have a lot of leverage over manufacturers and that retailers started to offer exclusive products which will lower price competition. One of their favorites is Dick's Sporting...

The Great Atlantic and Pacific Tea Company (NYSE: GAP), better known for it's A&P, Waldbaums, and Pathmark Grocery stores, was up 9% today on slightly higher than normal volume. The company did not report any news today. Over the past 2 years the company's stock is down 72%, compared to the S...

Kroger (NYSE: KR) reported disappointing 2Q earnings and 2009 full year guidance. Because of this the stock is down 8.3% in midday trading to $20.30. Other grocers including Safeway (NYSE: SWY) and Supervalu (NYSE: SVU) are also down 4.4% and 2.8% respectively today in sympathy. Kroger 2Q earnings...

Zoom Technologies, Inc. (NASDAQ: ZOOM) - After yesterday’s massive rally of 212%, the stock has corrected about 15%to $10.81 largely on profit booking. A total of 958K shares being traded till now. Yesterday, it announced the results of its recently approved acquisition, Gold Lion. The newly...