Some of the names on the move ahead of the open.» Read More
May 6- Whole Foods Market Inc on Tuesday cut its 2014 same-store sales and earnings forecast for the third time amid rising competition in the natural and organic grocery sector that it dominates and shares tumbled more than 12 percent.
April 23- Safeway Inc on Wednesday said it plans to boost results by passing higher costs for meat, produce and other staples on to shoppers at its U.S. grocery stores, sending shares up 1.4 percent.
Judge Cheryle Gering of the Union County Circuit Court ruled on Thursday that Beef Products Inc may pursue most of its case against ABC, a unit of Walt Disney Co, and others including news anchor Diane Sawyer and reporter Jim Avila.
The buyout firm is in the final stages of negotiations with Gates' private equity owners, Onex Corp and the Canada Pension Plan Investment Board, and the two sides are aiming to finalize an agreement by early next week, the people said on Tuesday.
Some of the names on the move ahead of the open.
The company is recruiting a CFO who would "lead fundraising for an IPO," one potential financing option the company is considering, its founder says.
Attorneys general is 28 states urged Wal-mart and four other retailers to stop selling tobacco products. They said they should not be sold in health stores.
The group sent a letter on Sunday to chief executive officers of Wal-Mart Stores Inc, supermarket operators Kroger Co, Safeway Inc, which operate pharmacies, and drugstore chains Walgreen Co and Rite Aid Corp.. Wal-Mart, Walgreen, Rite Aid and Kroger all said they were reviewing the letter, while Safeway did not respond to requests for comment.
The companies receiving a letter on Sunday from the group were Wal-Mart Stores Inc, supermarket operators Kroger Co, Safeway Inc, which operate pharmacies, and drugstore chains Walgreen Co and Rite Aid Corp..
March 12- Empire Co Ltd, the operator of Canadian grocery chain Sobeys, reported a steep fall in quarterly profit, hurt by higher inventory losses and higher costs due to a weaker Canadian dollar. Net earnings fell to C $40,000, or nil Canadian cents per share, in the third quarter, ended Feb 1, from C $74.1 million, or C $1.09 per share, a year earlier.
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. stocks finished mostly higher on Friday, with the S&P 500 closing at a record after more jobs than expected were created in February and January's figure was revised higher.
Stocks staged a mixed finish Friday, with the S&P 500 not far from its record high.
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. stocks pulled back on Friday, with the Nasdaq extending losses in late afternoon trading as investors adjusted their positions ahead of the weekend and caution prevailed because of the simmering crisis in Ukraine.
Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. stocks trimmed earlier gains on Friday's jobs data to trade little changed by midday as investors turned cautious before the weekend, with the S&P 500 near record highs and a simmering crisis in Ukraine.
Some of Friday's midday movers:
*Cerberus Capital to buy Safeway; Safeway shares slip. NEW YORK, March 7- U.S. stocks rose modestly on Friday after an unexpectedly strong payrolls report in February, although gains were curbed by lingering tensions in Ukraine, with the S&P 500 at record highs.
*FireEye shares decline after secondary offering. *Cerberus Capital to buy Safeway; Safeway shares slip. NEW YORK, March 7- U.S. stocks were set for a higher open on Friday after more jobs than expected were created in February, with traders keeping an eye on lingering tensions in Ukraine.
Private equity giant Cerberus Capital has agreed to buy Safeway for more than $9 billon. The "Squawk on the Street" news team, weigh in.
*FireEye shares decline after secondary offering. *Cerberus Capital to buy Safeway; Safeway shares slip. President Barack Obama over Moscow's military intervention in Crimea, saying Russia could not ignore calls for help from Russian speakers in Ukraine.