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SVU Articles
U.S. equity markets opened higher this morning following a better-than-expected quarterly earnings report from Alcoa Inc. (NYSE: AA). There was not a lot of economic data out today, so corporate...
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U.S. equity markets opened slightly higher this morning following the report that nonfarm payrolls had grown by 155,000, better than the expected growth of 150,000 (more coverage here). The December...
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SUPERVALU Inc. (NYSE: SVU) soon will be acquired. If not, it is at least looking like the troubled grocery store chain operator is back in play. SUPERVALU has been in the buyout rounds before today,...
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China’s PMI steps up in November. (Reuters) Greece begins to buy back some of its high-yield bonds. (Reuters) Delta Air Lines Inc. (NYSE: DAL) may buy Virgin Atlantic. (Reuters) Martin Marietta...
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The Kroger Co. (NYSE: KR) reported third-quarter 2012 results before markets opened this morning. The grocery chain reported adjusted diluted earnings per share (EPS) of $0.46 on revenues of $21.8...
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By Jeff Ooi., posted to LensaMalaysia.com via Wikimedia CommonsPerhaps believing that the worst is over for some of America’s most troubled companies, or fearing a year-end rally that could lift...
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ThinkstockSuperValu Inc. (NYSE: SVU) was up nearly 20% last week, largely on buyout speculation. Buyout firm Cerberus Capital Management is the likely frontrunner to take over the third-largest U.S....
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thinkstockApple Inc. (NASDAQ: AAPL) says its head of software and chief of retail will leave. (Reuters) China will try to build its own jet engines. (Reuters) UBS A.G. (NYSE: UBS) will cut 10,000...
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The three major U.S. stock indexes opened mixed this morning with the S&P 500 and the DJIA slightly lower and the Nasdaq slightly higher. In Asia Japan’s trade deficit was wider than had been...
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The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly GDP growth number in...
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The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred on...
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SUPERVALU Inc. (NYSE: SVU), nearly beaten to death over the last several months by Wall St., will close roughly 60 stores and take a charge as high as $90 million. The company may add $10 million in...
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The short interest in the stocks with the largest positions as of August 15: Bank of America Corp. (NYSE: BAC) down 2% to 220 million shares. Nokia Corp. (NYSE: NOK) up 8% to 218 million....
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The three major U.S. stock indexes opened lower this morning but picked up some buying steam in the first hour or so of trading. The morning’s report on durable goods sales looked good until...
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We wrote this morning about the ongoing M&A chatter about SUPERVALU Inc. (NYSE: SVU). The store is seeking a buyer for the whole company, but so far most of the interest has come from buyers...
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