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Stock Market & Financial Investment News

News Breaks
March 26, 2013
17:43 EDTSVUSuperValu sees charges of $65M-$70M from workforce reduction
SuperValu announced in a regulatory filing that in regards to its national workforce reduction the company expects to incur total pre-tax cash charges for severance and employee-related costs of approximately $65M to $70M and a non-cash charge for accelerated vesting of certain stock based compensation arrangements of approximately $10M. Of these amounts, the company expects that $55M to $60M will be paid in its fiscal 2014 first quarter ending June 15 , and the majority of the remainder will be paid in its fiscal 2014 second quarter.
News For SVU From The Last 14 Days
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July 24, 2014
08:02 EDTSVUSuperValu reports Q1 continuing ops EPS 18c, consensus 17c
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July 22, 2014
07:38 EDTSVUSuperValu shares should be bought on any weakness, says Oppenheimer
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July 16, 2014
11:28 EDTSVULeon Cooperman gives 12 stock picks at CNBC conference
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11:16 EDTSVUCooperman lists Actavis, Citigroup, KKR among top-picks, CNBC says
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July 11, 2014
17:29 EDTSVUSuperValu begins supplying the first of 18 Rainbow stores
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