News
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10/01/13
Supervalu shares rally on $3.3 bln sale of 5 grocery banners -
12/07/12
Supervalu shares plunge after Q1 profit falls well short of estimates, halts dividend -
10/04/12
Supervalu swings to Q4 loss on weaker sales -
11/01/12
Supervalu shares fall as Q3 losses widen
Recent Sector News
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George Weston tops estimates, raises dividend
George Weston is keeping sales and price expectations modest this year after beating the Street in the first quarter. Adjusted net income came in at $0.88 per share, both one penny ahead of analyst expectations and its adjusted profit for the same period last year.
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Loblaw to create $7bln REIT - one of Canada's largest
Loblaw Companies (TSE:L) has said it plans to create a real estate investment trust (REIT) with assets currently valued at more than $7 billion that will be sold by way of an IPO sometime in the middle of next year.
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Canada's Saputo to buy U.S. dairy firm Morningstar for $1.45 bln
Canadian cheese maker Saputo Inc. (TSE:SAP) Monday will pay $1.45 billion to buy Morningstar Foods, a U.S. company that makes a variety of dairy and non-dairy products such as creams, ice cream mixes, sour cream and cottage cheese.
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Green Mountain brews up Q4 profits that beat the Street
Green Mountain Coffee Roasters (NASDAQ:GMCR) late Tuesday posted fiscal fourth-quarter results that beat market expectations.
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ConAgra Foods bids for Ralcorp in $6.8 bln packaged foods deal
ConAgra Foods (NYSE:CAG) has made a $90 per share agreed bid for Ralcorp Holdings (NYSE:RAH) - a 28 per cent premium over Ralcorp’s closing stock price Monday.
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Mondelez completes Kraft Foods spin-off
Mondelez International (NASDAQ:MDLZ), the world's biggest chocolate, candy and biscuit maker, will begin trading Tuesday after being spun off from Kraft Foods Group (NASDAQ:KRFT).
