Company
Kroger Co
NYSE:KR
Kroger Co is a food and drug retailer. The company operates supermarkets, multi-department stores and fulfillment centers throughout the United States. Kroger Co operates approximately 2,719 supermarkets, 2,252 pharmacies and 1,637 fuel centers across 35 states and also operates online through a digital ecosystem to offer customers an omnichannel shopping experience. The company also manufactures and processes food for sale in its supermarkets and online. It offers Pickup and Harris Teeter ExpressLane personalized, order online, pick up at the store services.
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Kroger raises profit outlook after Q2 earnings beat
Kroger Co (NYSE:KR, XETRA:KOG) raised its full-year profit outlook after posting second-quarter earnings that beat Wall Street estimates, even as the grocer...
Kroger confirms plans to acquire US grocery rival Albertsons in $24.6BN deal
Kroger houses supermarket chains such as Fred Meyer, Ralphs and King Soopers; Boise, Idaho-based Albertsons includes the Safeway banner
Archive
US stocks rebound to close sharply higher amid Omicron volatility
The November payroll report releases Friday, as economists expect 573,000 new jobs, up from 531,000 in October
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US stocks close mostly higher after rally fades on Pfizer vaccine rollout delay
The S&P 500 and Nasdaq had hit intraday highs following positive joblessness data in the run-up to Friday’s payroll report
Hardware & electrical equipment
ROBO Global index surges 18.3% in 1Q as robotics, automation, and artificial intelligence stocks rebound
It was ‘a banner first quarter’ for stocks that make up the ROBO Global Robotics & Automation Index
Buds & Duds: Aurora gains as Cowen impressed with Nelson Peltz investment
Also representing the cannabis sector well Friday were 1933 Industries, MedMen and HarvestOne
Ocado and M&S confirm talks regarding joint venture
The two firms confirmed the talks in separate announcements, just weeks after Ocado boss Tim Steiner had stayed tight-lipped on speculation of a possible tie-up following newspaper reports in January
Village Farms is a growth story for the cannabis age (Part 2)
The second of two parts on the Canada-based hydroponic grower's transition from tomatoes, peppers and cucumbers to cannabis
Kroger chooses Cincinnati hometown for the first high-tech warehouses it plans to build with Ocado
The US supermarket chain said it will spend US$55mln on the partners' first project - a 335,000-square-foot facility in Monroe, Ohio, a suburb north of Cincinnati
Ocado signs terms of deal struck with US supermarket chain Kroger
Ocado expects the earnings impact of the Kroger deal to be neutral in the fiscal year 2018
CryptoCann™ Report: IBM brings blockchain to European supermarket chain; Detroit donut shop owner accused of illegal marijuana sales
IBM is partnering with European supermarket Carrefour to launch the IBM Food Trust, a blockchain-based food tracker
EARLY MOVERS: Gap Inc shares fall down a hole after earnings, but Splunk Inc shares zoom north
Also in the frame, in pre-market deals, was Kroger Co, plastic bags, and Ross Stores Inc..
PRE-MARKET MOVERS: Tripadvisor shares travel lower after earnings miss, but glucose monitoring group Dexcom sweetens up
Also in the frame before the New York bell was Wayfair Inc and Kroger Co.
PRE-MARKET MOVERS: Kroger shares on the up as it launches new delivery service but traders lose appetite for Cheesecake Factory
Kroger shares added 0.93% to US$29.27 before the bell
Archive
Wetherspoons eyed for CO2 shortage impact as week reaches mid-point
The pub chain will be hoping to mitigate any potential drink shortages as the warm weather and England's World Cup performance drive up customer numbers
Eyes on Marks & Spencer and Ocado as spotlight is set to remain on retail
Marks & Spencer's AGM day is set to be less eventful than usual, as it has decided not to provide a trading update.
Archive
High street vs online: Updates from retailers Mark & Spencer and ASOS will provide fuel
Aside from M&S and ASOS, the week ahead will also bring trading updates from the likes of Ocado, Burberry, Barratt Development, Experian, and JD Wetherspoon
PRE-MARKET MOVERS: Darden Restaurants dances higher in pre-market as fourth quarter numbers cruise past estimates
Also before the bell heading higher are Barnes & Noble Education Inc and Kroger Co.
Ocado shows potential to become the next Microsoft or Android of retail
Ocado's e-commerce platform has the potential to become the standard used by retailers in the same way as Microsoft's Windows is used by most PC manufacturers
Ocado downgraded by Bank of America Merrill Lynch as it enters execution phase of Kroger deal
Analysts said that the next few years for the FTSE 250-online grocer would be about “delivering results and validating the economics rather than signing new partnerships"
Ocado shares jump as Goldman Sachs calls its deal with Kroger ‘transformational’
Goldman Sachs upgraded Ocado’s rating to ‘buy’ from ‘neutral’ and set its price target at 1,160p
Investments and investor services
FTSE 100 closes account firmly higher, bolstered by weaker pound
The UK pound shed 0.38% against the Euro, while it was off 0.30% against the US dollar.
Investments and investor services
FTSE 100 clocks off at new closing high
FTSE 100 closed at a new all time high on Thursday, up 0.70% to 7,787
US benchmarks close higher as Trump pushes on with tariff plans
A look at the US and Canadian markets throughout the session
Express Scripts Holding, Kroger and Navistar International - PRE-MARKET
A look at some significant pre-market trade in New York ahead of the bell
Kroger to sell convenience store business to UK petrol station operator EG Group
Kroger will use the proceeds from the sale to buy back shares and reduce debt
US stocks surge into close; Dow Jones tears past 24,000 level
US shares powered into the close of trade on Thursday, the last day of November, with the Dow Jones well past 24,000
Kroger posts better-than-expected third quarter earnings; says had best ever ‘Black Friday’
The NYSE listed company saw its net income rise to US$397mln, or 44 US cents a share for the quarter, up from US$391mln, or 41 US cents a year earlier
Kroger Ko, Ulta Beauty Inc, Synopsys Inc and more - PRE-MARKET
A look at pre-market trade in New York on Thursday...
US stocks on the up ahead of closely-watched FOMC minutes
US stocks reached new records at the close as the bull run continues.
Equifax Inc, American Eagle Outfitters, Kroger Co - AFTER HOURS
We look at what stocks were hot and which were not after hours in New York..
Hardware & electrical equipment
Apple, Hurricane Irma, Teva Pharmaceutical and Pilgrim's Pride Corp - PRE-MARKET
European indices are also on the rise in early deals; FTSE 100 is up almost 27 points
Kroger shares fall premarket after full year guidance silent on Hurricanes Harvey or Irma
The Houston area is Kroger’s third biggest market, with 115 stores and the impact of Hurricane Harvey is expected to hit the grocer’s third quarter numbers
Kroger disappoints again - PRE-MARKET
Second rough quarter in a row for Kroger; American outdoor Brands Corp under the gun; Dave & Buster's Entertainment nudges higher as share repurchase program is enlarged
Grocery sector rocked as Amazon scoops up Whole Foods
Stocks on the run in the sector reads like a who's who of retail's big names
Food retailers squished as Amazon adds Whole Foods to its basket
The Dow struggled into positive territory, but the tech-heavy Nasdaq remained in the mire
Kroger Co plunges after dip in same store sales
Like-for-like sales were down 0.2% from a year earlier but the company expects them to be flat over the whole year
US stocks end lower amid global equity slump
The Dow Jones set a new record yesterday, after the Fed decided to raise interest rates
Whole Foods in play as activist investor with an over 8% stake wants it to explore a possible sale
New York-based investment firm Jana Partners LLC has built up an 8.3% stake in Whole Foods, according to a regulatory filing yesterday, up from the 7.15% holding it had at the end of last month.
US stocks post a record then fall, as financials and materials sold
US stocks ended on a dull note on Thursday, with the Dow making a symbolic record high at the start of the session and then tickers edging further into the red as the day wore on
US shares end firm on Fed minutes relief
US stocks closed firmer on Wednesday after relief over the tone of the Federal Reserve’s rate meeting minutes
Food price deflation forces Kroger to cut profit forecast
Kroger Co slashed its full-year profit forecast on Friday as the supermarket chain struggles with an intensifying price war with rival US grocers and low prices for staple goods
Trending: Mylan price hikes face Congressional wrath
Plenty of patients felt an uncomfortable itch on Tuesday after drugmaker Mylan came under fire for sharply increasing the price of its life-saving EpiPen devices used by people to treat severe allergic reactions.
Investments and investor services
Newmont Mining and Barrick Gold preferred by Citi
Newmont Mining, Barrick Gold, Kinross, Keryx Biopharma, Kroger ans Home Depot were in focus for brokers on Tuesday.
Trending: Retailers that aren't carping on about GMO salmon
Canada may have become the next country to approve the sale of genetically-modified salmon fish, following a similar approval from the Food and Drug Administration, but GE faces a setback in the fisheries sector
US stocks retreat after mixed economic data
Ahead of tomorrow's unemployment numbers for February, investors are feeling inclined to pocket profits
US stocks end higher, thanks to firm oil prices
After non-farm payroll vigil feeds jitters, oil sends stocks higher
U.S. Risers/Fallers: J.C. Penney, Macy's, Alibaba, Kroger, Platform Specialty, Horizon Pharma
Below are the main news driven share price changes at 11:34 a.m. in New York on Wednesday:
Wall Street rallies on positive data, Greece optimism; BioMarin, Lumenis surge
U.S. stocks jumped, with the Nasdaq Composite Index at a record high, as the Federal Reserve signaled it will continue to support the economy even as growth picks up. The tech-heavy Nasdaq 100 (INDEXNASDAQ:.IXIC) hit 5,143.31, topping the p