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Kroger Investors Have An Appetite For Consolidation After Weak Q2
Wednesday, October 26, 2016 - 8:42amThe food industry is facing a deflationary environment, weighing on supermarket chain Kroger Co (NYSE: KR)'s stock price over the past three months. Shares have fallen nearly 14 percent over the past 90 days. According to recent CPI Food-at-Home data, grocery-level deflation...
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China Producer Prices Fall For 48th Straight Month, But Consumers Doing Surprisingly Better
Thursday, March 10, 2016 - 2:45pmChina's producer prices fell for the 48th straight month due to China's economic slowdown and oversupply in various industries, while the CPI clocked a 2.3 percent increase. In February 2016, Producer Price Index (PPI) for manufactured goods decreased 0.3 percent month-on-month and decreased 4.9...
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Market Wrap For November 20: Inflation Data Points To "No" Tapering, Fed Meeting Notes Points To "Yes" Tapering
Wednesday, November 20, 2013 - 6:02pmInvestors and traders welcomed news of lower than expected inflation. The U.S. Labor Department monthly Consumer Price Index (CPI) data for October fell 0.10 percent, compared to an estimated flat reading. Year over year, the index is up 1.00 percent, in line with expectations. The Fed's target...
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Benzinga Market Primer Friday, August 16
Friday, August 16, 2013 - 6:48amFutures Higher After Tapering Sell-Off U.S. equity futures rose in early Friday trade after a sell-off on Thursday driven by fears that the Federal Reserve will begin reeling in its asset purchases in September. Also, weak sales guidance from Cisco (NASDAQ: CSCO) and Wal-Mart (NYSE: WMT)...
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Benzinga Market Primer: Thursday, August 15: Futures Lower After Cisco Earnings, Weaker Dollar
Thursday, August 15, 2013 - 6:37amFutures Lower After Cisco Earnings, Weaker Dollar U.S. equity futures traded slightly lower in early pre-market trade following some weak guidance from Cisco (NASDAQ: CSCO) for the upcoming quarter and as the dollar traded lower. Also, some weak earnings in Europe weighed on sentiment. Top News...
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Benzinga Market Primer: Tuesday, July 16: Futures Flat Ahead of Earnings
Tuesday, July 16, 2013 - 6:35amFutures Flat Ahead of Earnings U.S. equity futures were relatively unchanged ahead of a busy day for earnings. Markets are now entering the heart of earnings season, a busy but exciting time. Top News In other news around the markets: Marathon Petroleum (NYSE: MPC) announced after the lose...
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Why The Fed Is Too Bullish And Tapering Fears Are Overdone
Friday, June 21, 2013 - 11:17amFrom private sector forecasts to the IMF, the Fed sees a rosier economy than most which could mean that tapering fears are overdone and that stimulative policies are going nowhere anytime soon. Markets have plunged in the face of the Federal Reserve's latest statement, in which the Federal Open...
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Benzinga Market Primer: Tuesday, June 18
Tuesday, June 18, 2013 - 6:20amFutures Edge Higher In Calm Before the Storm U.S. equity futures rose slightly in pre-market trade Tuesday as investors eagerly awaited the FOMC decision and statement Wednesday. Monday trading was a whip-saw marked by a steep sell-off over tapering fears. Top News In other news around the...
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Weekly Preview: Fed In Focus as Tapering Fears Mount
Friday, June 14, 2013 - 3:44pmNext week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...
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Weekly Preview: FOMC Minutes in Focus, Earnings Season Wanes
Friday, May 17, 2013 - 4:29pmIn the upcoming week, market focus shifts back to the Fed as the FOMC minutes of the latest meeting are released. Also, Fed Chairman Ben Bernanke is set to speak as earnings season slows down, although there are still some key earnings set to be released. Key Earnings This week, the earnings...
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