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Stock Market & Financial Investment News

News Breaks
June 12, 2014
13:27 EDTUNFI, WFM, SFMSprouts Farmers Markets rises after analyst upgrades shares
Shares of organic food supermarket chain Sprouts Farmers Markets (SFM) are climbing after Credit Suisse upgraded the stock, saying that its recent decline has created a buying opportunity. WHAT'S NEW: The recent decline in Sprouts stock seems to have created a more attractive entry point, wrote Credit Suisse in a note to investors earlier today. Although the specialty food supermarket space is poised to become more competitive, Spouts' focus on providing affordable produce makes it "disruptive," Credit Suisse contended. Since it's difficult to change consumers' perception about food prices, other companies will have difficulty competing with Sprouts over the longer term, the firm believes. Additionally, Credit Suisse wrote that Sprouts' earnings outlook is strong, while it can open many more stores and deliver high growth. The firm raised its rating on the shares to Outperform from Neutral and increased its price target on the stock to $34 from $31. PRICE ACTION: In early afternoon trading, Sprouts climbed 4% to $30. Another organic food supermarket chain, Whole Foods (WFM), gained 3.5% to $42.50. Meanwhile, United Natural Foods (UNFI), which operates distribution centers and distributes organic foods, rose 2% to $64
News For SFM;WFM;UNFI From The Last 14 Days
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December 17, 2014
16:40 EDTWFM, UNFIUnited Natural Foods shareholder meeting receives worker protest
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December 16, 2014
09:21 EDTWFMFairway Group could be acquired by Whole Foods, says Sterne Agee
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December 15, 2014
11:04 EDTWFMWhole Foods Markets call activity attributed to renewed takeover speculation
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10:54 EDTWFMRumor: Whole Foods strength attributed to takeover speculation
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08:28 EDTWFMWhole Foods trends still look healthy, says Oppenheimer
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December 11, 2014
08:28 EDTUNFIUnited Natural Foods upgraded at Argus
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08:12 EDTUNFIUnited Natural Foods upgraded to Buy from Hold at Argus
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December 10, 2014
08:18 EDTUNFI, SFMDeutsche Bank to hold a conference
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December 9, 2014
06:09 EDTWFMStocks with implied volatility below IV index mean; PCLN WFM
Stocks with implied volatility below IV index mean; Priceline (PCLN) 20, Whole Foods (WFM) 20 according to iVolatility.
December 8, 2014
06:13 EDTWFMStocks with implied volatility below IV index mean; WFM V
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