S&P 500 slips as Hurricane Irma nears Florida; tech falls

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Downside Positioning in Kroger (KR) Continues Amid Competition from Amazon (AMZN) -Susquehanna

September 12, 2017 3:04 PM EDT

Susquehanna options strategist Alison Edwards notes downside bearish positioning in Kroger (NYSE: KR), as an opening investor bought 8,000 Apr 22 Puts for $2.65, adding to buyers of Oct 21 & 22p and Jan 21p last week with competition from Amazon (NASDAQ: AMZN).

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Kroger (KR) PT Lowered to $19 at Jefferies Following 2Q Release

September 11, 2017 7:35 AM EDT

Jefferies lowered its price target on Kroger (NYSE: KR) to $19.00 (from $24.00) while maintaining a Hold rating following the company's 2Q release. KR reported an in-line adjusted EPS of $0.39 on respectable comps, but sequentially weaker FIFO EBIT margins/ROIC.

KR maintained its 2017 EPS... More

Universal Insurance (UVE), Other Insurers on Watch as Irma Weakens

September 11, 2017 7:17 AM EDT

Universal Insurance (NYSE: UVE) and other Florida insurers were in focus Monday as Hurricane Irma weakened to a Category 1. Shares of Universal Insurance, which had weakened ahead of the storm, traded higher pre-market.

Other names on watch included:

Chubb Corp.... More