Daily Stocks News » SVU

Supervalu to Cut About 1,110 Jobs, Shares Rally (SVU)

Warren Paige — Tue, 26 Mar 2013 19:18:52 +0000

Shares of beleaguered supermarket chain, Supervalu Inc. (NYSE: SVU) rallied on Tuesday after the Company said it will cut 1,100 or 3% of its workforce nationwide as it looks to trim its store network.

The decision to slash the workforce comes just few days after the Company sold five of its grocery chain, which [...]

Major Movers on March 26; SONC, BRP, NFLX, PLCE, ZIOP, SVU, RFMD

Warren Paige — Tue, 26 Mar 2013 19:16:58 +0000

Shares of Sonic Corporation (NASDAQ:SONC) rallied after the drive-in restaurant chain, late last evening reported fiscal second quarter non-GAAP earnings which came in-line with Street’s expectation as expenses fell. Revenue however fell marginally short of Street’s expectation.

For the quarter, the Company posted a profit of $3.6 million or 6 cents a share, up [...]

Major Movers on January 10; LNKD, ARO, SVU, TIF, VOXX

Warren Paige — Thu, 10 Jan 2013 18:22:29 +0000

Shares of professional networking company LinkedIn Corporation (NYSE: LNDK) edged up on Thursday after the company said that it touched 200 million members mark with users spread across 200 countries and territories and services being offered in 19 different languages.

LinkedIn, which went public on May 2011 with an IPO of $45 is nearly [...]

Major Movers on December 3; GMCR, DECK, SVU, HMA, DELL, VZ

Warren Paige — Mon, 03 Dec 2012 18:48:28 +0000

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares gained almost 4% after Lazard raised its price target on the stock to $56 from $42. The stock has plunged almost 35% in the last year; however, most of analysts have maintained a positive outlook on the company.

For Instance, eight analysts keep a “strong buy” [...]