Some of the names on the move ahead of the open.» Read More
Buoyed by the recent $600 million acquisition of Earthbound Farm, WhiteWave Foods represents a hot play in a hot sector, CNBC's Jim Cramer said.
U.S. stocks fell on Thursday after data had the economy growing more rapidly than expected.
Dec 5- Kroger Co, the biggest U.S. supermarket operator, on Thursday reported slightly lower-than-expected overall quarterly sales and joined other retailers in taking a cautious stance on the remainder of 2013, sending its shares down 4 percent.
Dec 5- Kroger Co, the biggest U.S. supermarket operator, on Thursday posted a lower third-quarter profit that matched Wall Street's view, as it continued to appeal to loyal shoppers with competitive prices.
*Cuts 2013 earnings/share forecast to $1.42- $1.47 from $1.50- $1.55. Nov 21- Specialty grocery retailer Fresh Market Inc cut its 2013 earnings forecast for the second time as it battles a weak U.S. consumer spending environment, sending its shares down as much as 16 percent after the bell.
Nov 13- Metro Inc, Canada's No.3 grocer, posted a larger-than-expected 40 percent drop in quarterly profit as expanding U.S. retailers provided "intense competition" in its home market. Metro Inc said its fourth-quarter sales were hurt by competition, especially in Ontario, where rival retailers have opened more stores.
Stocks are at record highs and Wall Street is getting feverishly bullish. What could possibly go wrong?
Stocks finished lower Wednesday, with the S&P 500 snapping a four-day streak of record highs, following weakness in global equities and a mixed bag of earnings reports.
Take a look at some of Wednesday's midday movers:
U.S. stock index futures signaled a sharply lower open Wednesday, amid worries over financial conditions in China and as investors digested a mixed bag of corporate earnings.
Cerberus and others are exploring a deal for Safeway, which could potentially shape up to be one of the largest buyouts since the financial crisis.
NEW YORK, Oct 22- A handful of buyout firms, including Cerberus Capital Management LP, are exploring a deal for all or part of supermarket chain Safeway Inc, according to people familiar with the matter, in what could potentially shape up to be one of the largest leveraged buyouts since the financial crisis.
Take a look at some of Friday's midday movers:
Oct 18- Safeway Inc said on Friday its board authorized an additional $2 billion in stock repurchases, adding to the roughly $800 million the grocery store operator had left under an existing authorization at the end of the third quarter. Shares of Safeway rose to $34.00 in premarket trading after closing at $33.38 on Thursday.
Oct 17- Supervalu Inc's quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling a number of its underperforming chains earlier this year. Supervalu shares, which have tripled since the company announced the sale of 900 stores including the Albertsons chain in January, slipped 3 percent on Thursday.
Loblaw, which is buying Shoppers Drug Mart Corp for C $12.4 billion to strengthen its competitiveness, said the cuts would come from management and administrative positions. Loblaw shares, which have risen some 12 percent this year, were up 1.9 percent to C $46.87 in Toronto.
JANA, like many activist funds, is having a great year.
Stocks closed near session highs Friday, hoisting the Dow and S&P 500 to finish in the black for the week, as investors grew more optimistic over the progress in Washington.
Some of the names on the move ahead of the open.
Oct 10- Safeway Inc said on Thursday it plans to leave the Chicago market by early next year as it continues to narrow its focus and posted a sharply lower profit for the third quarter. The shares of Safeway, the second-largest U.S. mainstream grocery store operator, rose to $33.35 after hours after closing at $31.57 on the New York Stock Exchange.