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Stock Market & Financial Investment News

News For SVU;ARAY;FINL;LCC;AAMRQ;APKT;SIMG From The Last 14 Days
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February 5, 2016
08:26 EDTFINLFinish Line coverage assumed with a Neutral at Credit Suisse
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February 3, 2016
08:02 EDTSVUSupervalu names Mark Gross to succeed Sam Duncan as president, CEO
Supervalu announced the appointment of Mark Gross as the company's president and CEO, effective February 5, 2016. Gross, age 52, will succeed Sam Duncan who has previously announced he will be retiring. Supervalu also announced that Sam Duncan will be stepping down from the company's 11-person Board of Directors effective with his retirement on February 29, 2016, and that until that time, he will continue with the company as a special advisor to the company's Board of Directors to facilitate a smooth transition. Gross will be appointed to the Board effective March 1, 2016. Additionally, the company said that Bruce Besanko, COO, will report to Gross and continue to oversee the day-to-day operations of the company's Independent Business and Retail Food segments as well as the company's finance organization. From 1997 to 2006, Gross worked at C&S Wholesale Grocers, including serving as Co-President of C&S's overall operations from 2005-2006. Additionally, during his tenure with C&S, Gross served as Chief Financial Officer, General Counsel, and President of its affiliated retail grocery operations.
January 28, 2016
16:12 EDTARAYAccuray backs FY16 revenue view of $395M-$410M, consensus $404.6M
Adjusted EBITDA is expected to range between $25M-$35M. Accuray continues to expect that gross orders for the fiscal year will be approximately $295M, which would represent a 10% increase year over year. This financial guidance is unchanged from that provided on January 11.
16:11 EDTARAYAccuray reports Q2 EPS (8c), consensus (8c)
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