New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
October 20, 2014
09:36 EDTWFMActive equity options trading on open
Subscribe for More Information
09:31 EDTWFMRobinhood.org to hold conference
Subscribe for More Information
08:00 EDTWFMApple Pay now available to Whole Foods Market customers
Subscribe for More Information
October 15, 2014
11:31 EDTFWMFairway Group names Dorothy Carlow as Chief Merchandising Officer
Subscribe for More Information
05:43 EDTWFMWhole Foods announces responsibly grown produce rating system
Subscribe for More Information
October 13, 2014
06:42 EDTSFMSprouts Farmers Markets upgraded to Buy from Neutral at SunTrust
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use