United Natural Foods (UNFI) PT Lowered to $25 at Pivotal Research Following Announced Supervalu Acquisition
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Guggenheim Downgrades United Natural Foods (UNFI) to Neutral
July 27, 2018 6:07 AM EDTGuggenheim downgraded United Natural Foods (NASDAQ: UNFI) from Buy to Neutral.
For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.
Shares of United Natural Foods closed at $34.48 yesterday.
... MoreCredit Suisse Upgrades SUPERVALU (SVU) to Neutral Following Acquisition
July 27, 2018 5:00 AM EDTCredit Suisse upgraded SUPERVALU (NYSE: SVU) from Underperform to Neutral with a price target of $32.50 (from $16.00).
For an analyst ratings summary and ratings history on SUPERVALU click here. For more ratings news on SUPERVALU click here.
Shares of SUPERVALU closed at $32.17 yesterday.
... MoreNorthcoast Downgrades United Natural Foods (UNFI) to Neutral Following Acquisition of Supervalu (SVU)
July 26, 2018 1:00 PM EDTNorthcoast Research downgraded United Natural Foods (NASDAQ: UNFI) from Buy to Neutral with a price target of $60.00.
For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.
Shares of United Natural Foods closed at $41.18 yesterday.
... MorePre-Open Movers 07/26: (SVU) (ARNC) (XLNX) Higher; (NLSN) (FB) (MHK) Lower (more...)
July 26, 2018 9:14 AM EDTToday's Pre-Open Movers
SUPERVALU INC. (NYSE: SVU) 64.4% HIGHER; United Natural Foods, Inc. (NASDAQ: UNFI) and SUPERVALU INC. (NYSE:... More
Facebook sends Nasdaq tumbling, but trade optimism boosts Dow
July 26, 2018 8:01 AM EDTBy April Joyner
NEW YORK (Reuters) - A plunge in Facebook Inc's (NASDAQ: FB) shares pushed the Nasdaq down more than 1 percent on Thursday, the index's biggest one-day drop in a month, but industrial stocks rose after the United States and the European Union said they would negotiate on trade.
Facebook shares dived 19.0 percent, their biggest ever one-day percentage drop, after the social media giant forecast years of lower profit margins. The decline in Facebook shares weighed on the S&P 500 technology index , which dropped 1.6 percent.
Shares of... More
United Natural Foods (UNFI) to Acquire SUPERVALU (SVU) in $2.9B Deal
July 26, 2018 7:35 AM EDTUnited Natural Foods, Inc. (NASDAQ: UNFI) and SUPERVALU INC. (NYSE: SVU) today announced that they have entered into a definitive agreement under which UNFI will acquire SUPERVALU for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding debt and liabilities.
"This transaction accelerates UNFI's "Build out the Store" growth strategy by immediately enhancing our product range, equipping us to bring an attractive, comprehensive product portfolio to an expanded universe of customers," said Steve Spinner, UNFI's Chief Executive Officer and Chairman. "Combining our leading position in... More
