Stock analysts at Imperial Capital started coverage on shares of Whole Foods Market, Inc. (NASDAQ:WFM), in a report issued on Thursday. The firm set an “outperform” rating and a $48.00 price target on the stock. Imperial Capital’s target price would indicate a potential downside of 19.93% from the company’s current price. Whole Foods Market, Inc. (NASDAQ:WFM), net profit margin is 4.10% and weekly performance is 7.03%. On last trading day company shares ended up $40.93. Analysts mean target price for the company is $47.00. Exelon Corporation (NYSE:EXC), distance from 50-day simple moving average (SMA50) is -9.38%.
On June 06, 2014, SUPERVALU INC. (NYSE:SVU), the owner of CUB Foods, along with four Twin Cities-based independent grocery retailers, reported they had each entered into definitive agreements to obtain certain Rainbow Foods grocery stores. In total, they agreed to acquire 18 Rainbow grocery stores, including 13 Rainbow pharmacies and three Rainbow liquor stores in Minnesota. Jerry’s Enterprises, Haug Enterprises, Lund Food Holdings, and Radermacher Enterprises have joined SUPERVALU in executing these agreements. SUPERVALU INC. (NYSE:SVU), advanced 1.51% in last trading session and ended the day on $8.06. NI, Gross Margin is 14.80% and its return on assets is 3.90%. NiSource Inc. (NYSE:NI), quarterly performance is 21.94%.
On June 02, 2014, Cincinnati-based The Kroger Co. (NYSE:KR), was ranked North America’s seventh favorite grocery store in a survey conducted by Market Force Information, the Columbus Dispatch reports. The Kroger Co. (NYSE:KR), shares moved down 0.10% in last trading session and was closed at $48.13, while trading in range of $48.06 – 48.43. The Kroger Co. (NYSE:KR), year to date (YTD) performance is 22.72%.
On May 14, 2014, Companhia Brasileira de Distrib. (ADR) (NYSE:CBD), together with Via Varejo S.A., announced that their executive managements submitted to the Board of Directors for both Companies a potential transaction discussed with the executive management of controlling shareholder Casino Guichard-Perrachon (Casino), for combining the e-commerce businesses of the Companies developed by Nova Pontocom Comércio Eletrônico S.A. (Nova) and the e commerce business of Casino developed by Cdiscount SA (Cdiscount) in France, and as well in Colombia (in partnership with Exito, controlled company of Casino), and Asia (in partnership with Big C Thailand and Big C Vietnam, also controlled companies of Casino) (Potential Combination). It was stated that the Potential Combination would be implemented by the incorporation of a single international holding company (NewCo), with the integration of the e-commerce businesses currently developed by Nova and Cdiscount to NewCo. The Company said that the consummation of the Potential Combination will also be subject to terms and agreements from all companies involved. Companhia Brasileira de Distrib. (ADR) (NYSE:CBD), ended the last trading day at $47.04. Company weekly volatility is calculated as 1.68%. Duke Energy Corp (NYSE:DUK), showed a positive weekly performance of 3.73%.
On June 03, 2014, Belgian food retailer Delhaize Group (ADR) (NYSE:DEG), said that Denis Knoops has been appointed as the new CEO for Delhaize Belgium and Luxembourg, effective immediately. Denis Knoops succeeds Dirk Van den Berghe, who announced his resignation last week. Delhaize Group (ADR) (NYSE:DEG), net profit margin is 1.20% and weekly performance is -0.51%. On last trading day company shares ended up $17.67. Analysts mean target price for the company is $17.40. Exelon Corporation (NYSE:EXC), distance from 50-day simple moving average (SMA50) is 1.04%.
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