Jon OggStocks have seen five days of selling, and investors are deciding which stocks are bargains and which ones will have more downside. 24/7 Wall St. reviews dozens of Wall Street analyst…
courtesy of Wal-Mart Stores Inc.Walmart is the largest American employer, with a workforce of nearly 2.2 million people. However, because of its international reach, only 1.3 million of those were employed in…
July 12, 2013: U.S. equity markets opened slightly higher this morning as European industrial production was below expectations and U.S. PPI was a bit higher than expected. The other major U.S. data…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, July 12, 2013. They include F5 Networks, Pfizer, Sprint, Kroger and Target.
ThinkstockThe Kroger Co. (NYSE: KR) today announced that it would acquire supermarket chain Harris Teeter Supermarkets Inc. (NYSE: HTSI) for $49.38 a share in cash, or about $2.5 billion. The price represents…
Paul Ausick U.S. equity markets opened lower this morning adding to yesterday’s carnage following the FOMC announcement yesterday. The widespread belief that sometime this year the Fed will start reducing its $85 billion in…
ThinkstockThe Kroger Co. (NYSE: KR) reported first-quarter 2013 results before markets opened this morning. The grocery chain reported quarterly diluted earnings per share (EPS) of $0.92 on revenues of $30 billion. In…
Paul Ausick U.S. equity markets opened moderately lower this morning as investors waited for the afternoon announcement from the FOMC. Mortgage purchase applications were down in the U.S. as interest rates rose again. In…
ThinkstockOver the past five years, shares of Safeway Inc. (NYSE: SWY) have traded in a range of around $15 to $30 a share. The low point came last summer and the high…
Investors and traders are often looking for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls to find great ideas from…
ThinkstockThe big difference between first-quarter earnings at Safeway Inc. (NYSE: SWY) and Supervalu Inc. (NYSE: SVU) is investors’ reaction. Supervalu posted an adjusted loss of $0.14 a share yesterday on lower revenues…
U.S. equity markets opened higher this morning and trickled lower most of the day as there was little news to follow generally good data from around the globe. In Japan, the central…
ThinkstockThe Kroger Co. (NYSE: KR) reported fourth-quarter and full-year 2012 results before markets opened this morning. The grocery chain reported quarterly adjusted diluted earnings per share (EPS) of $0.88 on revenues of…
Paul Ausick U.S. equity markets opened higher this morning but struggled to maintain even a flat performance compared to yesterday’s close. Before the markets opened this morning, the Mortgage Bankers Association noted a 14.8%…
ThinkstockSafeway Inc. (NYSE: SWY) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the grocery store chain posted adjusted diluted earnings per share (EPS) of $0.94 on…
