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New Fresh Market CEO A Pro In Turnarounds, Says Grocery Dive Report
Thursday, March 5, 2020 - 2:45pm | 402Specialty grocery chain The Fresh Market appointed Jason Potter as CEO effective March 2. The executive boasts extensive experience to turn around the formerly public company, which was acquired by Apollo Global Management in 2016. The Fresh Market's New CEO Potter brings more than three...
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Why Is Apollo Global Going On A 2016 Shopping Spree?
Tuesday, July 26, 2016 - 11:37am | 442This week, Apollo Global Management LLC (NYSE: APO) announced yet another major 2016 buyout, acquiring Coinstar and Redbox operator Outerwall Inc (NASDAQ: OUTR) for $1.6 billion. Apollo announced plans to take the company private. Outerwall is the fifth public company Apollo has bought in 2016,...
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Is Whole Foods Unable To Compete In The Organic Grocery Space?
Tuesday, July 26, 2016 - 10:11am | 402Goldman Sachs’ Stephen Tanal believes Whole Foods Market, Inc. (NASDAQ: WFM) is experiencing a “competitive barrage,” losing market share in its core organic and natural business. Tanal downgraded the rating on the company from Neutral to Sell, with a price target of $31....
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Does A Private Equity Buyout Make Sense For The Fresh Market?
Monday, October 19, 2015 - 11:22am | 423Shares of The Fresh Market Inc (NASDAQ: TFM) have lost more than 35 percent year-to-date, but spiked higher on Friday. Various media outlets reported that the company's founder Ray Berry is working with Apollo Global Management to explore a potential buyout of the company. Rupesh...
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Longbow Resumes Coverage On Specialty Food Names, Organic Grocers
Monday, November 24, 2014 - 11:39am | 274Analysts at Longbow resumed coverage on the Specialty Food, Grocery and Supplement Retailer space on Monday following suspension of the group in early November. The analysts favor Hain Celestial Group Inc (NASDAQ: HAIN) as shares are Buy rated with a $131 price target. The analysts are...
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Memories Of March Return As Momentum Stocks Hit Hard
Tuesday, July 8, 2014 - 4:49pm | 1900U.S. stocks sold off hard with momentum stocks seeing larger losses with names like Twitter, Facebook, FireEye and others under-performed major indices significantly. The Fed's richmond President Jeffrey Lacker commented that U.S. inflation has bottomed and is moving towards its target...
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Will Publix Try To Acquire Whole Foods?
Tuesday, June 10, 2014 - 12:23pm | 586A strange, but persistent rumor began last week that privately held Publix Super Markets plans to acquire publicly traded Whole Foods (NASDAQ: WFM). The rumor arose from a report on financial website, Briefing.com, that described “chatter” suggesting Publix was interested in buying...
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Target And Others Insiders Have Been Buying
Sunday, June 8, 2014 - 2:30pm | 844Kinder Morgan, Seattle Genetics and Target are among the companies that have seen insider buying recently. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will rise and...
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The Fresh Market Jumps On Strong Guidance
Thursday, March 6, 2014 - 6:00pm | 252The Fresh Market (NASDAQ: TFM) is up more than five percent in after hours trading after the company announced its fourth quarter results and FY2014 guidance. The firm reported a Q4 EPS of $0.39 versus the Street estimate of $0.44. Revenue arrived at $425.8 million versus the Street estimate of $...
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Market Wrap For November 26: Nasdaq Closes Above 4,000 For First Time Since 2000
Tuesday, November 26, 2013 - 5:44pm | 1627Investors and traders certainly had their plates full Tuesday with a plethora of data releases sending the Dow to new record highs and the Nasdaq index closing above 4,000 after briefly breaching the mark on Monday. The markets gave back modest gains towards the end of the trading session and...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...
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6 Stocks Printing 52-Week Lows
Tuesday, March 5, 2013 - 10:17am | 515The market is testing all-time highs, but some stocks didn’t get the memo. Despite impressive performance by the broader indexes, these stocks are printing 52-week lows. Value investors know that a broken stock doesn’t necessarily mean a broken company. From grocery stores to a certain technology...
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UPDATE: J.P. Morgan Upgrades The Fresh Market to Overweight
Monday, June 20, 2011 - 7:54am | 158J.P. Morgan is out with its report today on The Fresh Market (NYSE: TFM), upgrading shares of TFM from Neutral to Overweight. In a note to clients, J.P. Morgan writes, "We are assuming coverage of The Fresh Market and upgrading to Overweight from Neutral. Our Dec-11 target price goes to $42 from $...
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UPDATE: J.P. Morgan Upgrades The Fresh Market to Overweight
Monday, June 20, 2011 - 7:54am | 158J.P. Morgan is out with its report today on The Fresh Market (NYSE: TFM), upgrading shares of TFM from Neutral to Overweight. In a note to clients, J.P. Morgan writes, "We are assuming coverage of The Fresh Market and upgrading to Overweight from Neutral. Our Dec-11 target price goes to $42 from $...
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JP Morgan Upgrades The Fresh Market To Overweight, Raises PT To $42
Monday, June 20, 2011 - 6:33am | 29JP Morgan has upgraded The Fresh Market (NASDAQ: TFM) from Neutral to Overweight and has raised the price target from $33 to $42.