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Stock Market & Financial Investment News

News Breaks
March 23, 2012
10:15 EDTCOST, WAG, TGT, SWY, SVU, KR, FDO, DG, CVS, WMTCitigroup's food and staples retailing research team holds a conference call
Food & Staples Retailing Research Team, along with Richard Volpe, Research Economist, USDA-Economic Research Service, provide outlook for U.S. Retail Food Prices and Inflation on an Analyst/Industry conference call. Relevant covered companies COST, CVS, DG, FDO, KR, SVU, SWY, TGT, WAG and WMT may be discussed on the Analyst/Industry conference call to be held on March 23 at 11 am.
News For COST;CVS;DG;FDO;KR;SVU;SWY;TGT;WAG;WMT From The Last 14 Days
Check below for free stories on COST;CVS;DG;FDO;KR;SVU;SWY;TGT;WAG;WMT the last two weeks.
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July 25, 2014
17:55 EDTSWYSafeway shareholders approve merger with AB Acquisition
Safeway announced the preliminary results of its stockholder vote at the company's 2014 Annual Meeting of Stockholders held earlier. Stockholders approved and adopted the proposal to approve the previously announced agreement and plan of merger dated as of March 6, as amended on April 7 and June 13, under which AB Acquisition, an affiliate of Albertsons, will acquire Safeway as described in the proxy statement dated June 19, with 70% of the outstanding shares and 96% of the shares voted voting FOR the Merger.
12:18 EDTSWYGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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July 24, 2014
11:32 EDTWMTWal-Mart U.S. CEO change not likely due to current trends, says RW Baird
RW Baird believes the departure of Bill Simon from his post as CEO of Wal-Mart U.S. has more to do with the executive's long-term career planning than with current trends, which the firm believes remain sluggish. Baird keeps its Outperform rating and $84 price target on Wal-Mart.
09:17 EDTWAGWalgreen's president of pharmacy, health and wellness announces retirement
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08:38 EDTWMTWal-Mart volatility at historic low into Foran succeeding Simon as U.S. CEO
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08:31 EDTWMTWal-Mart names Greg Foran as president and CEO of Walmart U.S.
Walmart announced that Greg Foran has been promoted to President and CEO of Walmart U.S. Foran succeeds Bill Simon who has been in the role since June 2010 and will be transitioning out of the company. Foran will assume his responsibilities on August 9 and will report directly to Walmart President and CEO, Doug McMillon. Simon will be available on a consulting basis for the next six months to ensure a seamless transition.
08:02 EDTSVUSuperValu reports Q1 continuing ops EPS 18c, consensus 17c
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06:56 EDTWMTCourt rules Wal-Mart to show bribery probe documents, Reuters says
The Delaware Supreme Court ruled that Wal-Mart Stores must show a shareholder documentation that has to do with the firm's internal investigation of allegations it paid bribes in Mexico, according to Reuters, citing comments from a company spokeswoman. Reference Link
July 23, 2014
06:31 EDTSWYSafeway says receives subpoena from U.S. DEA
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06:02 EDTWAGWalgreen implied volatility of 37 at upper end of index mean range
July 22, 2014
10:07 EDTWAGWalgreen new corporate structure could add $10-$12 upside, says Deutsche Bank
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09:51 EDTWAGWalgreen added to short-term buy list at Deutsche Bank
07:52 EDTKRKroger management to meet with Guggenheim
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07:38 EDTSVUSuperValu shares should be bought on any weakness, says Oppenheimer
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06:55 EDTWMTWal-Mart reduces prices more intensly for back-to-school, Bloomberg says
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July 21, 2014
16:00 EDTDGOptions Update; July 21, 2014
iPath S&P 500 VIX Short-Term Futures up 65c to 28.53. Option volume leaders: AAPL FB NFLX DG CMCSA GILD PBR TWTR TSLA according to Track Data.
13:23 EDTDGHigh option volume stocks: RFMD LCI MR PII DG CTRL
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06:42 EDTWMTWal-Mart adds over $102M to Indian wholesale unit, Reuters says
Wal-Mart added fresh funds worth $102.9M into its Indian wholesale division last month, according to Reuters, citing a filing made by its Indian business to the Registrar of Companies. The filing detailed that the funds were allotted as share application money. Reference Link
July 18, 2014
18:12 EDTTGTVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
06:21 EDTWAGCTW Investment asks SEC to probe Walgreen's meetings, NY Post says
CTW Investment Group has asked the SEC to investigate private meetings that top Walgreen (WAG) executives held with investors to reincorporate overseas for tax reasons, reports the New york Post. The pension advisor is raising questions about whether Walgreen's meetings with Goldman Sachs (GS), Jana Partners, Och-Ziff and Corvex broke fair disclosure rules. Reference Link
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