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Stock Market & Financial Investment News

News Breaks
November 28, 2012
09:55 EDTWFM, TFMWhole Foods loses ground after competitor's earnings miss
Whole Foods (WFM) is dropping after one of its competitors, The Fresh Market (TFM), reported lower than expected third quarter earnings per share. The Fresh Market's comparative sales rose 5.6% during its third quarter, but that was down from 8.1% in its second quarter. Moreover, the upscale grocery store chain reported that its CFO had resigned. On a somewhat positive note, the company maintained its FY12 EPS guidance of $1.33-$1.38, versus analysts' consensus estimate of $1.38. In early trading Whole Foods fell $1.12, or 1.23% to $90.25, while The Fresh Market tumbled $10.28, or 17.07%, to $49.96.
News For WFM;TFM From The Last 14 Days
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June 24, 2015
15:53 EDTWFMSunTrust identifies the most likely M&A activity in specialty retail
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13:39 EDTWFMDCA reports 'systemic overcharging' for pre-packaged foods at Whole Foods
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10:31 EDTWFMNew York probing Whole Foods over alleged overcharging, Daily News reports
New York City has launched a probe of Whole Foods Markets after an investigation conducted by the Department of Consumer Affairs found items for sale at its locations were labeled inaccurately, with many overcharging consumers, according to The Daily News. A Whole Foods spokesman said the company disagrees with the city's findings and is "vigorously defending" itself against the allegations, the report noted. Reference Link
June 16, 2015
19:25 EDTWFMWal-Mart ranks high among millenials, Ad Age says
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10:01 EDTTFMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AIG (AIG) downgraded to Hold from Buy at Deutsche Bank... Alumina (AWCMY) downgraded to Neutral from Outperform at Credit Suisse... Avalanche Biotechnologies (AAVL) downgraded on lack of catalysts at SunTrust... DealerTrack (TRAK) downgraded to Hold from Buy at Craig-Hallum... Greenbrier (GBX) downgraded to Hold from Buy at Stifel... Methode Electronics (MEI) downgraded to Neutral at Baird... Profire Energy (PFIE) downgraded to Hold from Buy at Maxim... Standard Pacific (SPF) downgraded to Neutral from Outperform at Credit Suisse... The Fresh Market (TFM) downgraded to Sell from Neutral at Northcoast... Twitter (TWTR) downgraded to Neutral at MKM Partners on stalled user growth... United Natural Foods (UNFI) downgraded to Hold from Buy at Argus... United Rentals (URI) downgraded to Underperform from Neutral at Macquarie.
09:27 EDTTFMThe Fresh Market downgraded to Sell from Neutral at Northcoast
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