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Stock Market & Financial Investment News

News Breaks
June 19, 2014
11:22 EDTTFM, SWY, WFM, KR, SVUKroger hits 52-week high after increasing guidance
Shares of supermarket operator Kroger (KR) hit a fresh 52-week high after the company's first quarter results surpassed analysts' consensus estimates and it raised its fiscal 2014 earnings per share outlook. WHAT'S NEW: This morning, Kroger reported Q1 adjusted EPS of $1.09 and revenue of $32.96B, topping analysts' consensus estimates of $1.05 and $32.64B, respectively. WHAT'S NOTABLE: The company raised its FY14 adjusted EPS view to to $3.19-$3.27 from $3.14-$3.25, compared to consensus of $3.22. The company's long-term net earnings per diluted share growth rate guidance is 8%11%, plus a growing dividend. Kroger raised its identical supermarket sales growth guidance, excluding fuel, to 3.0%-4.0% for FY14, versus its prior original view of 2.5%-3.5%. On its Q1 earnings conference call, the company said it was seeing strong positive indicators in shopping behavior, with customers exhibiting less cautious spending behavior. It said more customers perceive the economy to be in recovery. For the remainder of the year, the company sees inflation higher than expected. PRICE ACTION: In late morning trading, Kroger rose about 5.5% to $49.89 on heavy trading volume. Earlier in the session, the stock hit a fresh 52-week high of $50.20. Including today's advance, the stock is up about 40% over the past 12 months. OTHERS TO WATCH: Other companies in the supermarket space include Safeway (SWY), SUPERVALUE (SVU), Whole Foods Markets (WFM), and The Fresh Market (TFM).
News For KR;SWY;SVU;WFM;TFM From The Last 14 Days
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February 23, 2015
06:14 EDTWFMWhole Foods to host investor meeting
Investor meeting to be held on February 27 at 9 am. Webcast Link
February 19, 2015
09:35 EDTWFMOption volume leaders
Option volume leaders: AAPL TSLA TWTR MCD WMT PBR SPWR WFM GILD FB SCTY according to Track Data.
February 18, 2015
12:25 EDTWFMWhole Foods February weekly volatility at 30 into investor conference
Whole Foods February call option implied volatility is at 33, February weekly is at 29, March is at 24, April is at 23, August is at 22; compared to its 26-week average of 30 according to Track Data, suggesting non-directional near term price movement into a February 26-27 investor conference.
07:59 EDTWFMWhole Foods recommended ahead of investor conference at Morgan Stanley
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February 17, 2015
10:51 EDTWFMOptions with decreasing implied volatility
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10:51 EDTTFMScopia Capital reports 7.89% passive stake inThe Fresh Market
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