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Supervalu Inc. (SVU) Lowered to Sell at Zacks Investment Research

2015-12-23 14:23:45| Food - Topix.net

According to Zacks, "SUPERVALU reported dismal second-quarter fiscal 2016 results with earnings and sales missing the Zacks Consensus Estimate by 7.14% and 1.94%, respectively. Although higher gross profit boosted year-over-year earnings, sales remained flat as positive identical store sales in the Save-A-Lot network was offset by negative same store sales in retail food and independent Save-A-Lot stores.

Tags: research sell investment lowered

 

Supervalu: This $6 Stock Is My Top Pick For 2016

2015-12-16 02:40:29| Grocery - Topix.net

Strategically it makes sense to be buying beaten-down stocks that are currently being punished by short-sellers and tax-loss selling. Stocks that take a beating at the end of the year from tax-loss selling often surge in the last couple weeks of December and into January.

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Supervalu Inc. (SVU) Given Buy Rating at Deutsche Bank

2015-12-13 21:15:24| Grocery - Topix.net

's stock had its "buy" rating restated by equities research analysts at Deutsche Bank in a report released on Tuesday, MarketBeat Ratings reports. They currently have a $13.00 price target on the stock.

Tags: buy rating bank deutsche

 

Deutsche Bank Reaffirms "Buy" Rating for Supervalu Inc.

2015-12-08 13:38:17| Grocery - Topix.net

's stock had its "buy" rating restated by investment analysts at Deutsche Bank in a note issued to investors on Tuesday, AnalystRatings.Net reports. They currently have a $13.00 price objective on the stock.

Tags: inc buy rating bank

 

SUPERVALU names new president of Save-A-Lot division

2015-12-05 11:16:09| Food - Topix.net

Burke Marketing Corp., Nevada, Iowa Chad Randick was named president, replacing David Weber , who was named vice president of marketing, foodservice for Hormel Foods. Randick began his career with Hormel Foods in 1994 as an accountant at the Fremont, Neb., plant.

Tags: names president division supervalu

 

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