Put Buying Continues in Kroger (KR), Highlighting Bearish Sentiment in Shares Through End of 2018 -Susquehanna

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Kroger (KR), Home Chef Kick Off Nationwide Retail Rollout

October 10, 2018 8:03 AM EDT

In an industry first, The Kroger Co. (NYSE: KR) and Home Chef today announced the launch of weekly rotating in-store meal kits at Kroger Family of Stores in select locations. In addition, the company will roll out a limited market test of the new Home Chef Express product, a quick-cook meal kit ready to eat in about 15 minutes. Kroger and Home Chef are bringing even more variety and convenience to customers with the launch of these new in-store offerings, providing customers with an on-demand solution for tonight's dinner.

Home Chef's... More

Pre-Open Movers 10/09: (PYX) (PEIX) (PZZA) Higher; (TRVN) (AFMD) (BLKB) Lower (more...)

October 9, 2018 9:30 AM EDT

Today's Pre-Open Movers

Trevena (NASDAQ: TRVN) 65.8% LOWER; FDA posted briefing documents for Oliceridine ahead of a panel on Oct. 11th.

Affimed N.V. (Nasdaq: AFMD) 24% LOWER; announced that it has placed AFM11... More

Deutsche Bank Downgrades Kroger (KR) to Sell

October 9, 2018 2:15 AM EDT

Deutsche Bank analyst Paul Trussell downgraded Kroger (NYSE: KR) from Hold to Sell with a price target of $24.00 (from $30.00).

The analyst is incrementally more negative noting "...the strategy to aggressively expand e-commerce capabilities, optimize space within current footprint, and compete on price... More