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Stock Market & Financial Investment News

News Breaks
February 21, 2013
13:09 EDTHTSI, KR, TFM, SWYSupermarket stocks climb after Safeway's results beat expectations
A number of supermarket stocks are climbing after supermarket chain Safeway (SWY) reported fourth quarter earnings per share, or EPS, that surpassed analysts' consensus estimate by a wide margin. The company's revenue, meanwhile, came in slightly higher than expected. Safeway's same-store sales rose 0.8% compared with the fourth quarter of 2011. In the first eight weeks of the current quarter, the company's same-store sales will be up 2% if the current week ends as expected, Safeway's CEO said on the company's conference call. Safeway's operating profit margin, however, inched up just 0.1 percentage points in the fourth quarter. In early afternoon trading, Kroger (KR) rallied 4% to $29, Harris Teeter (HTSI) advanced 1.50% to $42, The Fresh Market (TFM) climbed 2% to $48.80, and Safeway rallied 13.50% to $23.
News For SWY;KR;HTSI;TFM From The Last 14 Days
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April 1, 2015
06:39 EDTKRWal-Mart pressures suppliers to lower prices, WSJ says
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March 25, 2015
10:48 EDTTFMThe Fresh Market says emphasizing earnings growth over sales growth
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10:43 EDTTFMThe Fresh Market 'really bullish' on long-term gross margins
Remarks made during TAG 7th Annual Spring Consumer Conference.
10:40 EDTTFMThe Fresh Market says board looking at internal, external CEO candidates
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March 24, 2015
07:27 EDTKRTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 19, 2015
07:35 EDTKRKroger price target raised to $90 from $80 at Deutsche Bank
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