The Kroger Company Inc. (NYSE: KR) reported on Thursday that fiscal second quarter net income rose 14%, driven by 4.4% growth in same-store-sales (3.3% excluding fuel sales). Shares edged higher as the company lifted its growth outlook for same-store-sales. For the recently concluded quarter, Kroger posted a profit of $317 million or 60 cents a [...]
The Kroger Co. (NYSE: KR) announced on Tuesday that it has agreed to purchase the supermarket operator, Harris Teeter Supermarkets Inc. (NYSE: HTSI) in cash deal estimated at $2.5 billion or $49.38 a share. [...]
Shares of the satellite radio company, Sirius XM Radio Inc. (NASDAQ: SIRI) gained 2.90 by mid-day trade on Tuesday. The Company said that it added 715,000 new subscribers in the fiscal second quarter, raising its total base in excess of 25 million. [...]
Shares of Hot Topic (NASDAQ: HOTT) skyrocketed 30% after the teen retailer said it has agreed to be taken private by private-equity firm Sycamore Partners in a deal estimated at $600 million in cash, which represents about30% premium over Wednesday’s closing price of the stock. [...]
Kroger Co. (NYSE: KR), U.S’s largest traditional supermarket chain, reported its third-quarter financial results. The Cincinnati, Ohio-based company also raised its earnings outlook for the full year, sending shares sharply higher in trading on Thursday. [...]
U.S.’s biggest supermarket operator, Kroger Co. (NYSE: KR) today reported better-than-expected second-quarter earnings and also raised its full-year earnings outlook. [...] |
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