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Cantor Fitzgerald Reiterates On Whole Foods Market Ahead Of Earnings
Wednesday, October 29, 2014 - 11:53am | 240Cantor Fitzgerald's food and drug retail/wholesale analyst Ajay Jain reiterated a Sell rating and $32 price target on Whole Foods Market, Inc. (NASDAQ: WFM) ahead of the company's fourth quarter results on November 5. "We think the biggest impact on near-term stock performance will...
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UPDATE: Tigress Financial Partners Initiates Coverage On United Natural Foods, Inc.
Thursday, October 2, 2014 - 1:12pm | 167Tigress Financial Partners initiated a Buy rating on United Natural Foods, Inc. (NASDAQ: UNFI) in a report on Thursday. Analyst Philip Van Deusen suggested an ongoing and accelerating demand for organic products. Van Deusen noted that "UNFI is benefiting from growth in the organic food...
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3 Grocers Working To Make Organic Food Affordable
Friday, September 5, 2014 - 1:48pm | 760Although the term “organic” has wide latitude, many people seek out food for their families that they believe to be free from additives, pesticides, chemical fertilizers and other non-natural substances. Large scale grocers have noticed, sparking an “organic food war” of...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
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5 Publicly Traded Companies Paying Above Minimum Wage In 2014
Tuesday, August 5, 2014 - 12:31pm | 818While some large publicly traded companies such as Wal-Mart and Panera recently dropped its objections to raising the Federal minimum wage (currently $7.25 per hour), others have gone a step further. These five companies are paying above the minimum wage or have announced that they...
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Dow Breaks Four-Day Losing Streak As Calm Restores Last Week's Jittery Market
Monday, August 4, 2014 - 4:57pm | 2610U.S. stocks rallied to start the week on a positive note. Investors are looking for bullish signs that can erase last weeks declines, as the S&P 500 had its largest weekly drop since 2012 and the Volatility Index surged more than 30 percent. Portugal's Central Bank plans to spend 4.9...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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5 Companies That Just Might Object To 3D Printed Food
Thursday, July 24, 2014 - 1:21pm | 7063D printed food hasn’t exactly gone mainstream yet, but opponents may already be lining up. With everyone from the U.S. Army to nursing homes in Germany experimenting with the use of specialized 3D printing technology to “print” realistic-looking food, it’s only a...
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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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Market Wrap For May 7: Dow Banks Triple-Digit Point Gain While Nasdaq Closes Lower
Wednesday, May 7, 2014 - 4:35pm | 2687U.S. stocks were mixed as Federal Reserve Chair Janet Yellen presented a prepared testimony which did not rattle investors. The Dow posted a triple-digit point gain after falling 43 points. The Nasdaq, on the other hand, declined as many momentum and Internet names were hit hard. Russian...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For April 14: Markets Surge on Positive Retail Data, Citi Earnings
Monday, April 14, 2014 - 4:36pm | 2450U.S. stocks rose to start off the holiday-filled shortened trading week on a positive note as investors found plenty of reason to be optimistic on retail sales which jumped the most since 2012. Investors were also encouraged by Citigroup's better than expected earnings which eased investor...
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Shocker? Whole Foods Market Is Cheaper Than Kroger
Tuesday, April 1, 2014 - 11:27am | 620Quartz writer, John McDuling’s recent tweet of a Piper Jaffray chart lends credence to the notion that Whole Foods Market (NASDAQ: WFM) wants to be more mainstream. At least more competitive. Many people assume organic providers like Whole Foods are more expensive compared to conventional...
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Market Wrap For February 12: Markets Take a Breather, Senate Passes Debt Limit Bill
Wednesday, February 12, 2014 - 5:59pm | 3119U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...
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Whole Foods Market Earnings Preview: Double-Digit Revenue Growth Expected
Tuesday, February 11, 2014 - 8:19am | 743Whole Foods Market (NASDAQ: WFM), which was a top stock pick on Jim Cramer's Mad Money last week, is scheduled to report its fiscal first-quarter results Wednesday, February 12, after the markets close. Investors will be looking to see if the company managed to keep up its revenue numbers despite...