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As food prices surge, America’s supermarkets are also feeling the pain. While consumer food prices are up five percent, wholesale prices have soared a whopping 20 percent.
Following are the day’s biggest winners and losers. Find out why shares of HSBC (HBC) and Supervalu (SVU) popped while Google (GOOG) and LDK Solar (LDK) dropped.
Dutch supermarket group Ahold posted a forecast-beating rise in fourth-quarter sales on Friday, helped by favorable markets in Europe which offset tougher economic conditions in the United States.
Stocks skidded back into correction territory as investors worried that the tumbling economy may not only cripple mortgage lenders like Countrywide Financial but create problems for other companies like AT&T.
“Power Lunch” is at the Mall of America outside Minneapolis/St. Paul, to look at alternative energy and consumer activity -- and a surprise definition for "retail stocks." Here's what some of the guests on the program are saying.
Tighter food regulations under consideration could benefit consumers and companies alike, as Congress looks to help the industry through a crisis in confidence driven by a spate of high-profile recalls.
Supervalu on Tuesday posted higher quarterly profit, helped by the acquisition last year of most of Albertsons grocery stores.
Safeway on Tuesday posted higher quarterly profit, helped by a revamp of its store format and cost-cutting.
While other supermarket stocks go bad, Kroger is ripe for investors.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Shares of grocery stores embroiled in a labor dispute in southern California rose Wednesday after the companies brokered a tentative deal with the workers' union on a new contract.
Kroger the nation's largest traditional supermarket chain, said Tuesday first-quarter profit jumped 10 percent but was slowed by labor unrest. Its shares sank more than 5 percent in trading Tuesday.
Turning the tables on the United States amid growing worries over dangerous Chinese products, Beijing said Friday some health supplements and raisins imported from the U.S. failed to meet China's safety standards and have been returned or destroyed.
In this feature the guys revisit recent trades. Here's what Jeff Macke is saying today about his grocery store picks.
As Wal-Mart (WMT) and Home Depot (HD) report sagging sales Tuesday, the retail space is seeing a supermarket sweep. Southern supermarket chain Winn-Dixie (WINN) tells the story - shares soared nearly 40%. Will grocery store stocks leave investors dancing in the aisles?
Megan from Ohio asks which low end retailers might see a boost off $3 gasoline? And Ed from Las Vegas is asking about Tata Motors (TTM) an automotive company in India that just had an 11% increase in shipments in April.
Cramer had a few special "callers" for tonight's edition of the Lightning Round. You won't want to miss this one.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Grocery-store chain Supervalu said quarterly profits jumped 51%, helped by the company's acquisition of Albertson's grocery stores.