Panic! as 'Fear of Bezos' Causes Trembling in Grocery and Retail Stocks
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- Nasdaq, S&P end lower as tech stocks fall
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- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
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Kroger (KR) Ratifies New Labor Agreements with UFCW Local 1996
June 16, 2017 3:15 PM EDTThe Kroger Co. (NYSE: KR) Atlanta division associates working at Kroger stores in the Atlanta metro and surrounding area have ratified new labor agreements with UFCW Local 1996.
"We are pleased to reach agreements that are good for our associates. These agreements provide good wage increases, affordable health care and stable pension funds to support our associates' retirement," said... More
Oppenheimer Upgrades Sprouts Farmers Market (SFM) to Outperform
June 16, 2017 10:56 AM EDTOppenheimer upgraded Sprouts Farmers Market (NASDAQ: SFM) from Perform to Outperform with a price target of $24.00.
For an analyst ratings summary and ratings history on Sprouts Farmers Market click here. For more ratings news on Sprouts Farmers Market click here.
Shares of Sprouts Farmers Market closed at $22.42 yesterday.
... MoreRBC Capital Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following Whole Food (WFM) Acquisition; 'Reasonable Shipping-to-Home Logistics Opportunities Here'
June 16, 2017 10:55 AM EDTRBC Capital reiterates Outperform rating and $1,100 price target on Amazon.com (NASDAQ: AMZN), as the company announced this morning it was acquiring Whole Foods Market (NASDAQ: WFM) for $42 per share in an all cash transaction, valuing... More
Sprouts Farmers Market (SFM) Off Lows as Analyst Speculates It Too Could be a Target
June 16, 2017 10:32 AM EDTSprouts Farmers Market (NASDAQ: SFM) ticked off the lows as SunTrust said the company could be a target after the Amazon/WholeFoods deal. Shares are down 9.3% but off the lows.
... MoreBaird Reiterates Outperform Rating & $1100 PT on Amazon.com (AMZN) Following $13.7B Acquisition of Whole Foods Market (WFM)
June 16, 2017 10:15 AM EDTBaird reiterates Outperform rating and $1,100 price target on Amazon.com (NASDAQ: AMZN), as the company announced it has reached a definitive agreement to acquire Whole Foods Market (NASDAQ: WFM) for $42/share in cash ($13.7B transaction value, net... More
