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Stock Market & Financial Investment News

News Breaks
January 10, 2013
09:01 EDTSVUSuperValu says expected to generate annual revenues in excess of $17B
Following the Sale, SUPERVALU will consist of the Independent Business, a leading food wholesaler which serves 1,950 stores across the country; Save-A-Lot, the largest hard discount grocery chain in the United States, with approximately 1,300 stores; and SUPERVALUís leading regional retail food banners Cub, Farm Fresh, Shoppers, Shop Ďn Save and Hornbacherís. As such, SUPERVALU is expected to generate annual revenues in excess of $17 billion. Key elements of SUPERVALUís go-forward business plan include continued focus on right-sizing operations and maximizing efficiencies across the Company.
News For SVU From The Last 14 Days
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January 15, 2015
10:00 EDTSVUOn The Fly: Analyst Upgrade Summary
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05:55 EDTSVUSupermarkets upgraded to Neutral from Cautious at Goldman Sachs
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05:49 EDTSVUSupervalu upgraded to Neutral from Sell at Goldman
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January 12, 2015
07:10 EDTSVUSupervalu earnings had positive turning point in Q3, says Cantor
After Supervalu reported stronger than expected Q3 results, Cantor thinks the company's EBITDA will continue to grow in Q4. The firm believes that Q3 represented a significant turning point in the company's earnings. It raised its price target on the name to $11 from $10 and keeps a Buy rating on the stock.

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