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Stock Market & Financial Investment News

News Breaks
July 8, 2014
12:45 EDTTFM, WFM, SFM, FWMThe Fresh Market sinks after Goldman downgrade to Sell
Shares of supermarket chain The Fresh Market (TFM) are tumbling after Goldman Sachs downgraded the stock, citing stronger competition and inflation, among other factors. WHAT'S NEW: Goldman analyst Stephen Grambling downgraded The Fresh Market to Sell from Neutral in a note to investors earlier today. The company is facing more competition in the specialty grocery space, along with rising meat costs and headwinds from the Affordable Care Act, Grambling stated. As a result of these factors, The Fresh Market's profits are likely to come in below its guidance, warned Grambling. The analyst slashed his price target on the name to $27 from $36, but estimated that the stock could drop 18% below his new target. PRICE ACTION: In early afternoon trading, The Fresh Market sank 3.6% to $31.48. Other supermarket chains also declined, with Whole Foods (WFM) dropping 2% to $38, Sprouts Farmers (SFM) losing 2.2% to $31.86, and Fairway Group (FWM) sliding 5% to $6.
News For TFM;WFM;SFM;FWM From The Last 14 Days
Check below for free stories on TFM;WFM;SFM;FWM the last two weeks.
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July 22, 2014
10:00 EDTWFMOn The Fly: Analyst Downgrade Summary
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08:35 EDTWFMWhole Foods downgraded to Underperform from Peer Perform at Wolfe Research
Wolfe Research downgraded Whole Foods to Underperform based on checks that indicate increased promotions and weaker sales trends.
08:21 EDTWFMWhole Foods continues to have share gain opportunities, says Morgan Stanley
Morgan Stanley believes Whole Foods can continue to grow its share within the natural/organic market to 29% in 2018 from 24% in 2013. The firm said Whole Foods benefits from its leading position and sees upside potential to estimates. Shares are Overweight rated with a $50 price target.
July 21, 2014
06:15 EDTWFMWhole Foods implied volatility of 43 at upper end of index mean range
July 17, 2014
10:00 EDTTFMOn The Fly: Analyst Initiation Summary
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07:46 EDTWFMWhole Foods share price could get worse before it gets better, says UBS
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07:22 EDTTFMThe Fresh Market initiated with an Underperform at Credit Suisse
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July 16, 2014
05:53 EDTWFMWhole Foods implied volatility of 42 at upper end of index mean range
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July 15, 2014
10:00 EDTTFMOn The Fly: Analyst Upgrade Summary
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09:33 EDTTFMThe Fresh Market upgraded to Buy from Neutral at Northcoast
06:05 EDTWFMWhole Foods implied volatility of 40 at upper end of index mean range
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06:02 EDTFWMFairway Group to renew Revionics Price Optimization license for three years
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July 14, 2014
08:19 EDTSFMSprouts Farmers Markets management to meet with Stephens
Field trip to company headquarters in Phoenix, AZ will be held on July 15 at 11:30 am hosted by Stephens.

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