Merrill Lynch Sees Kroger Multiple Expansion Over Walmart and Target
A Merrill Lynch analyst has raised his rating on grocery giant Kroger, citing an improving comparable sales outlook and growth in natural and organic and fresh foods.
A Merrill Lynch analyst has raised his rating on grocery giant Kroger, citing an improving comparable sales outlook and growth in natural and organic and fresh foods.
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Tuesday, July 29, 2014. They include AcelRx, Alcoa, Costco, Lululemon, Walmart and Trulia.
Amazon.com has been one of the greatest growth stories of the current generation. The problem is that all of this growth just hasn't ever equated to significant profits.
thinkstockJuly 24, 2014: Markets opened mixed again on Thursday as the DJIA once more lagged on weakness among some of the heavy-hitter blue chips. All three major indexes hovered around the flat…
A labor group made up of employees of Walmart has been pushing the company for nearly two years to raise its minimum annual wage for full-time employees to $25,000.
When Wal-Mart named Doug McMillon to replace retiring CEO Mike Duke eight months ago, it was only a matter of time before Walmart U.S. chief Bill Simon left in search of greener…
Chinese regulators have closed down a local meat supplier following a TV report that the company was mixing meat that had passed its expiration date with fresh meat and using other unsanitary…
The speeding tractor-trailer big rig owned by Walmart that last month collided with a limo occupied by comedian Tracy Morgan was equipped with a collision-avoidance system that allegedly failed to function.
In four large population states, the number of Walmart stores is half or less the average. Unless Walmart can boost its market penetration there, it will have serious difficulty posting sales growth.
ThinkstockIf the forecast for retail sales growth is accurate, U.S. retail same-store sales will rise 4.9% in June, marking the largest monthly gain since January 2013. Including comparable store sales already reported…
An improving job market has not helped Walmart's sales. Has the jobs recovery has hidden a lack of consumer spending or is Walmart losing its place as the largest retailer in America?
Most media and analyst forecasts call for the Dow Jones Industrial Average (DJIA) to remain at about 17,000, or for it to plow ahead toward 20,000. The June jobs reports was good…
Daimler AGAt an event in Magdeburg, Germany, last week, Daimler showed off its fully functioning, self-driving truck operating at real-world speeds on a section of the country’s famous autobahn. Daimler claims the…
ThinkstockWe might have a little trouble defining what we mean when we say that a brand is “patriotic,” but the fact is most Americans know it when they see it. Or at…
Walmart unexpectedly slashed what it charges for Apple iPhone 5 models. Is this because the iPhone 6 is on its way, or has iPhone 5 demand dropped sharply and only discounts can…