Today's Research Coverage Scans Stocks in the Grocery Stores Industry
ACCESSWIRE - Fri Jun 10, 8:17AM CDT
LONDON, UK / ACCESSWIRE / June 10, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Grocery Stores industry. Companies recently under review include Kroger, Whole Foods Market, SUPERVALU, and Sprouts Farmers Market. Register with us now for your free membership and see our complete reports on these equities at:
WFM: 33.49 (-0.82), KR: 36.14 (-0.67), SVU: 4.54 (-0.14), SFM: 22.98 (-0.45)
SUPERVALU Files Amendment No. 1 to Form 10 for Possible Spin-off of Save-A-Lot Business
BusinessWire - Thu Jun 09, 4:18PM CDT
SUPERVALU INC. (NYSE: SVU) today announced that Save-A-Lot, Inc., a wholly owned subsidiary of the Company, has filed Amendment No. 1 to its Form 10 Registration Statement (Form 10) with the U.S. Securities and Exchange Commission in connection with the possible spin-off of Save-A-Lot into a separate, publicly traded company. Among other changes, the amendment includes Save-A-Lot's recent financial results and details the Company's current expectations that immediately following a spin-off, SUPERVALU stockholders would directly own approximately 60 percent of the outstanding shares of common stock of Save-A-Lot and that SUPERVALU would retain approximately 40 percent of the outstanding shares of common stock of Save-A-Lot.
SVU: 4.54 (-0.14)
SUPERVALU to Participate at RBC Capital Markets Consumer and Retail Conference
BusinessWire - Tue May 24, 4:00PM CDT
SUPERVALU INC. (NYSE:SVU) will participate in next week's RBC Capital Markets Consumer and Retail Conference in Boston. President and CEO Mark Gross will address investors at approximately 8:40 a.m. (Eastern Time) on Thursday, June 2, 2016.
SVU: 4.54 (-0.14)
SUPERVALU Completes Amendment of Senior Secured Term Loan Agreement
BusinessWire - Mon May 23, 5:30AM CDT
SUPERVALU INC. (NYSE:SVU) today announced it has successfully completed the amendment of its existing $1.5 billion senior secured term loan agreement. On July 28, 2015, the Company announced that it is exploring a potential separation of its Save-A-Lot segment, and that as part of that process it had begun preparations to allow for a possible spin-off of Save-A-Lot into a stand-alone, publicly traded company. This amendment permits the Company and its subsidiaries to undertake certain transactions reasonably determined by the Company to be necessary to effectuate a spin-off of Save-A-Lot.
SVU: 4.54 (-0.14)
3 Key Takeaways From Supervalu Inc.'s Latest Report
Rich Duprey, The Motley Fool - Motley Fool - Sun May 01, 12:43PM CDT
Even though the Save-A-Lot chain is being spun off, the discount chain will still have a big impact on Supervalu's performance. Image source: Mike Mozart . The new CEO of supermarket giant Supervalu walked into a tough quarter for making his...
WFM: 33.49 (-0.82), SVU: 4.54 (-0.14), WMT: 70.53 (-0.61)
Why SUPERVALU Inc. Stock Plummeted Today
Jeremy Bowman, The Motley Fool - Motley Fool - Fri Apr 29, 3:49PM CDT
Image Source: Supervalu. What: Shares of SUPERVALU INC. were getting hammered today after the supermarket chain reported fourth-quarter earnings earlier in the week. As of 3:24 p.m. EDT, the stock was down 10.8%. So what: It wasn't...
SVU: 4.54 (-0.14)
SUPERVALU (SVU) Gains on Q4 Earnings Beat, In-Line Sales
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 3:22PM CDT
Shares of SUPERVALU Inc. (SVU) rallied more than 3.88% after the company released its fourth-quarter fiscal 2016 results.
SVU: 4.54 (-0.14), CPB: 62.13 (-0.57), FLO: 18.23 (-0.25), K: 76.88 (-1.24)
Asian stocks mixed on oil price rally, central banks watch
By TERESA CEROJANO - AP - Tue Apr 26, 11:36PM CDT
MANILA, Philippines (AP) — Asian stocks were mixed Wednesday after an overnight surge in oil prices raised questions about the outlook for the energy sector. Investors are watching for the outcome of policy meetings by the U.S. Federal Reserve and Bank of Japan.
SVU: 4.54 (-0.14), COP: 43.89 (-0.62), DD: 66.75 (-0.81), BP: 31.87 (-0.35), JBLU: 17.31 (-0.78), DOW: 52.69 (-0.69)
Next Resistance Level for SUPERVALU (SVU) is $5.62
Comtex SmarTrend(R) - Tue Apr 26, 9:14AM CDT
Shares of SUPERVALU (NYSE:SVU) have bullishly opened above the pivot of $5.26 today and have reached the first resistance level of $5.39. Should the shares continue to rise, the resistance pivots of $5.62 and $5.98 will be of interest.
SVU: 4.54 (-0.14)
SUPERVALU Treads Water as Investors Wait for Save-A-Lot Spinoff
Dan Caplinger, The Motley Fool - Motley Fool - Tue Apr 26, 8:26AM CDT
Image source: SUPERVALU. The grocery industry has been going through some major disruptions lately, and SUPERVALU has been one of the companies most affected by changes in the space. Having divested itself of several of its larger chains,...
WFM: 33.49 (-0.82), SVU: 4.54 (-0.14)
SuperValu beats 4Q profit forecasts
Automated Insights - Tue Apr 26, 7:38AM CDT
EDEN PRAIRIE, Minn. (AP) _ SuperValu Inc. (SVU) on Tuesday reported fiscal fourth-quarter profit of $52 million.
SVU: 4.54 (-0.14)
SUPERVALU Reports Fourth Quarter and Full Year Fiscal 2016 Results
BusinessWire - Tue Apr 26, 5:30AM CDT
--Net diluted earnings per share from continuing operations of $0.18; adjusted diluted earnings per share of $0.23
SVU: 4.54 (-0.14)
How Risky Is SUPERVALU Stock?
Dan Caplinger, The Motley Fool - Motley Fool - Mon Apr 25, 10:18AM CDT
Supervalu's Wild Harvest store brand. Image: SUPERVALU. Grocery chain SUPERVALU has gone through a lot of changes in recent years, having sold off many of its former grocery chains to focus more on what it saw as its core brands. Yet coming into...
KR: 36.14 (-0.67), SVU: 4.54 (-0.14)
SUPERVALU Appoints Mary Winston to Its Board of Directors
BusinessWire - Mon Apr 25, 5:30AM CDT
SUPERVALU INC. (NYSE:SVU) today announced that experienced financial executive and corporate board member Mary Winston has been appointed to SUPERVALU's Board of Directors effective April 27, 2016.
SVU: 4.54 (-0.14), FDO: 79.39 (+0.04)
SUPERVALU Adds James Weidenheimer as Executive Vice President, Corporate Development and Chief Innovation Officer
BusinessWire - Tue Apr 19, 5:45AM CDT
SUPERVALU INC. (NYSE:SVU) today announced that veteran wholesale executive James Weidenheimer, 57, has been named to the newly-created position of Executive Vice President, Corporate Development and Chief Innovation Officer, reporting to SUPERVALU President and Chief Executive Officer Mark Gross. Weidenheimer joins the Company after having spent the last 16 years in senior leadership positions with C&S Wholesale Grocers. He is expected to start in his new role by April 25, 2016.
SVU: 4.54 (-0.14)
Wal-Mart Targets to Sell Cage-Free Eggs Only, Sets Deadline
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 8:00AM CDT
The largest global retailer Wal-Mart Stores Inc. (WMT) has joined the league of companies shifting to 100% cage-free eggs. It intends to implement the change in its North American operations by 2025, per media reports.
SVU: 4.54 (-0.14), MCD: 122.99 (+0.63), WMT: 70.53 (-0.61), GIS: 64.85 (-0.56)
SUPERVALU (SVU) to Offer 100% Cage-Free Eggs by 2025
Zacks Equity Research - Zacks Investment Research - Wed Mar 30, 12:30PM CDT
SUPERVALU Inc. (SVU) is leaving on stone unturned to tap the increasing demand for cage free eggs among health-conscious customers.
DNKN: 45.19 (+0.01), KR: 36.14 (-0.67), SVU: 4.54 (-0.14), GIS: 64.85 (-0.56)
Mercy For Animals Commends SUPERVALU For New Cage-Free Egg Policy
PR Newswire - Tue Mar 29, 10:24AM CDT
Today SUPERVALU, one of the nation's largest grocers, announced its commitment to improving animal welfare by pledging that 100 percent of eggs sold in its stores will be cage-free by 2025 or sooner. The policy affects all SUPERVALU retail banners, including Cub Foods, Save-A-Lot, Shop 'n Save, Farm Fresh Food & Pharmacy, and Rainbow Foods. The move, which will spare more than 1.5 million hens annually from suffering in tiny wire cages, has been applauded by the international animal protection organization Mercy For Animals, which collaborated with SUPERVALU to develop this important policy.
SVU: 4.54 (-0.14)
SUPERVALU to Transition to 100 Percent Cage-Free Eggs at Its Grocery Retail Banners by 2025
BusinessWire - Tue Mar 29, 9:30AM CDT
SUPERVALU INC. (NYSE: SVU) today announced that it plans to transition to selling 100 percent cage-free eggs at its grocery retail banners by 2025 or sooner based on available supply, affordability and customer demand. Currently, cage-free eggs account for nearly 12 percent of the company's total grocery retail egg sales.
SVU: 4.54 (-0.14)
Will SUPERVALU Inc. Sink or Swim?
Jeremy Bowman, The Motley Fool - Motley Fool - Fri Mar 25, 12:00PM CDT
Right now, SUPERVALU investors wouldn't be out of line to question the company's odds of survival. The supermarket chain today is a mere shadow of its former self: its stock traded close to $50 before the recession, but now fetches only a little...
WFM: 33.49 (-0.82), KR: 36.14 (-0.67), FWM: 0.12 (-0.04), SVU: 4.54 (-0.14), TFM: 28.51 (+0.02), WMT: 70.53 (-0.61)