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What's Next For Amazon? Maybe Lululemon
Friday, June 16, 2017 - 12:19pm | 335It took just a few hours for analysts to speculate what's next for Amazon.com, Inc. (NASDAQ: AMZN) after announcing its intention to acquire the organic grocery chain Whole Foods Market, Inc. (NASDAQ: WFM). Tom Forte, the managing director of Maxim Group, is among the first to look what big...
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Speculating Grocer Consolidation Amid Amazon–Whole Foods Deal
Friday, June 16, 2017 - 12:01pm | 548Amazon.com, Inc. (NASDAQ: AMZN)'s $13.7 billion acquisition of organic grocer chain Whole Foods Market, Inc. (NASDAQ: WFM), if approved, has the potential to drastically change the dynamics of not only Amazon's business but the entire grocery sector. Within a few hours of the deal announcement,...
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Cramer On Kroger: Don't Forget Grocery Is Still Part Of Retail
Friday, June 16, 2017 - 8:32am | 411What do Kroger Co (NYSE: KR) and department stores have in common? Both are retailers and both are bringing pain to investors, CNBC's Jim Cramer explained during his daily "Mad Money" show Thursday. Shares of Kroger collapsed nearly 19 percent Thursday after the grocery chain was forced to lower...
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The Pain For Grocery Stocks May Have Just Begun Thanks To Amazon
Thursday, June 15, 2017 - 1:45pm | 462Grocery stocks are getting destroyed on Thursday, led by Kroger Co (NYSE: KR)'s poor outlook and a downgrade of Sprouts Farmers Market Inc (NASDAQ: SFM) after a 30-percent gain in 2017. Investors looking to take advantage of the weakness may want to reconsider as the biggest tailwind to the group...
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Kroger CFO's Comments Not Enough To Stop The Bleeding
Thursday, June 15, 2017 - 12:16pm | 383Shares of Kroger Co (NYSE: KR) plummeted nearly 20 percent Thursday morning and hit a new 52-week low of $24.55 after the company reported an in-line first quarter report but lowered its full-year earnings outlook. During the first quarter, Kroger realized about 20 basis points of deflation (...
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Sprouts Farmers Market Downgraded, But Fundamentals Remain Strong As Ever
Thursday, June 15, 2017 - 10:00am | 379After a 30-percent gain since the start of 2017, analysts at Morgan Stanley felt it prudent to downgrade Sprouts Farmers Market Inc (NASDAQ: SFM)'s rating, as the stock is now trading at an appropriate valuation relative to future growth. Morgan Stanley's Vincent Sinisi downgraded Sprouts' stock...
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Kroger's CFO Talks Food Deflation
Thursday, March 2, 2017 - 1:35pm | 337Shares of Kroger Co (NYSE: KR) were trading lower by more than 3 percent on Thursday despite the company's fourth-quarter report containing a top- and bottom-line beat. However, the grocer's guidance for the first quarter came in light and the company also cited deflationary concerns. Kroger's...
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Kroger Better Positioned Than Most To Survive The Grocery 'Price War'
Monday, September 12, 2016 - 1:22pm | 425Shares of Kroger Co (NYSE: KR) hit a new 52-week low of $30.70 on Monday, but Shane Higgins of Deutsche Bank remains convinced the grocer is best positioned to survive a looming price war among grocery stores. Kroger's stock has lost nearly 5 percent over the past week after its earnings report...
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Food Deflation Is 'Great' For Consumers But 'Terrible News' For Grocery Chains
Friday, September 9, 2016 - 2:22pm | 388Kroger Co (NYSE: KR) reported on Friday its second-quarter results in which revenue fell short of expectations and management revised its full-year earnings guidance lower. For investors, this could be a concerning sign, but for consumers, Kroger's revenue shortfall is a good sign. As noted by CNN...
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Kraft Foods and Whole Foods to Open Near 52-Week Highs
Thursday, January 19, 2012 - 7:26am | 704The Dow closed up less than 1%, Nasdaq and S&P 500 more than 1%, yesterday, and plenty of stocks rose to new 52-week highs in the trading session. Among them were Kraft Foods (NYSE: KFT) and Whole Foods Market (NASDAQ: WFM), which reached multiyear highs of $38.82 and $78.29 per share,...
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Nine Food Stocks for a Hungry Portfolio
Thursday, December 8, 2011 - 12:06pm | 932A hungry portfolio might find a pick-me-up in one or more of these food-related stocks, all of which have had some momentum in the past few months, if not longer. Breakfast General Mills (NYSE: GIS) is up more than 13% from a nine-month low in August, as well as up about 18% from a year ago. This...