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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
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June 18, 2013
08:27 EDTKRKroger further multiple expansion to be difficult, says Susquehanna
Susquehanna expects Kroger to post best in class but moderating identical store sales growth. However, the firm thinks that volatile industry sales growth creates risk that outweighs the company's opportunities. The firm keeps a Negative rating on the stock.
08:02 EDTDGDollar General completes $200M share repurchase program
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08:01 EDTKRKroger multiple expansion will prove difficult, says Susquehanna
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June 17, 2013
15:29 EDTWMTGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
09:02 EDTWAGOmnicare, Walgreen's should not see margin falloff, says UBS
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June 15, 2013
17:46 EDTWMTWal-Mart appoints Cash as new presiding director, Reuters says
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June 14, 2013
07:52 EDTSWYSafeway asset sale not viewed as catalyst, says Susquehanna
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07:35 EDTTGTSears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link
07:21 EDTTGT, WMTClinton Global Initiative to host to host a meeting
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05:59 EDTSWYStocks with implied volatility movement; GCI SWY
Stocks with implied volatility movement; Gannett (GCI), Safeway (SWY) according to IVolatility.
June 13, 2013
10:05 EDTSWYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AngloGold (AU) downgraded to Sell from Hold at Societe Generale... Banco Santander (SAN) downgraded to Underweight from Neutral at JPMorgan... Cosi (COSI) downgraded to Neutral from Buy at Roth Capital... Randgold Resources (GOLD) downgraded to Hold from Buy at Societe Generale... Republic Services (RSG) downgraded to Buy from Conviction Buy at Goldman... Royal Bank of Scotland (RBS) downgraded to Sell from Hold at Deutsche Bank... Safeway (SWY) downgraded to Neutral from Buy at Citigroup... Smithfield Foods (SFD) downgraded to Neutral from Buy at Davenport... Vantage Drilling (VTG) downgraded to Market Perform from Outperform at Wells Fargo... Waste Management (WM) downgraded to Neutral from Buy at Goldman... Lexington Realty (LXP) downgraded to Underweight from Hold at KeyBanc... EPR Properties (EPR) downgraded to Underweight from Hold at KeyBancMedical Properties Trust (MPW) downgraded to Underweight from Hold at KeyBanc... Ventas (VTR) downgraded to Underweight from Hold at KeyBanc... Health Care REIT (HCN) downgraded to Hold from Buy at KeyBanc... StellarOne (STEL) downgraded to Market Perform from Strong Buy at Raymond James... Polypore (PPO) downgraded to Hold from Buy at Topeka.
09:39 EDTSWYSafeway shares open sharply higher, levels to watch
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09:30 EDTWMT, TGTClinton Global Initiative to host to host a meeting
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09:05 EDTSVU, SWY, KROn The Fly: Pre-market Movers
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07:53 EDTSWYSafeway sacrificed profitability in Canada deal, says Cantor
After Safeway agreed to sell just over 200 stores in Canada, Cantor reports that Canada accounted for most Safeway's consolidated earnings. The firm thinks that the company will be left with a fraction of its existing earnings base and a 1.3% operating margin business in the U.S. It keeps a Sell rating on the stock.
06:12 EDTSWYSafeway volatility flat into announcing sale of its Canada unit for C$5.8B
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05:52 EDTSWYSafeway downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Safeway citing a lack of near-term catalysts following the Canada sale announcement. The firm keeps a $30 price target for shares.
05:48 EDTWMTWal-Mart increases hiring but uses temps, Reuters reports
In recent months, Wal-Mart Stores has been only hiring temporary workers at many of its U.S. stores, the first time the major retailer has done so outside of the holiday shopping season, reports Reuters.Reference Link
June 12, 2013
19:09 EDTKR, SVU, SWYOn The Fly: After Hours Movers
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17:30 EDTSWYSafeway spikes higher following sale of Canada unit
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