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Stock Market & Financial Investment News

News Breaks
July 2, 2014
07:59 EDTKR, VITCKroger to buy Vitacost.com for $280M, WSJ says
Kroger (KR) plans to announce today that they intend to buy Vitacost.com (VITC) for $280M, according to The Wall Street Journal. Note that shares of Vitacost were up 20% in pre-market before being halted for pending news. Reference Link
News For KR;VITC From The Last 14 Days
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September 18, 2014
14:52 EDTKRKroger testing online ordering, pick-up service, Progressive Grocer says
Kroger is testing a "click-and-collect system" in Cincinnati which allows customers to submit their orders online and pick them up at a drive-thru windows, Progressive Grocer reports. The technology that Kroger is utilizing is the same technology that has been deployed by Harris Teeter, a company that Kroger acquired last year. "Harris Teeter has successfully scaled this model in their stores and we are learning a lot from them about it. Our approach with new technologies and systems is to test small and work out the kinks before scaling more widely," said Rachel Betzler, public relations manage for Kroger's Cincinnati division. Reference Link
14:06 EDTKRKroger price target raised to $58 from $55 at Argus
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10:44 EDTKRKroger board raises quarterly dividend by 12% to 18.5c
Kroger's Board raised the quarterly dividend by 12% to 18.5 per share, to be paid on December 1 to shareholders of record as of the close of business on November 14. The company continues to expect an increasing dividend over time.
September 17, 2014
11:02 EDTKROptions with decreasing implied volatility
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09:31 EDTKRHouse Committee on Ways & Means to hold a hearing
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