DALLAS, Texas 3/31/2009 12:11:08 AM
News / Finance

Industry Trade Alerts on Grocer Stocks: KR, SWY, SVU, WFMI, WMT, RDK

Beacon Equity Research announces the release of Trade Alerts covering grocer stocks:  Kroger Co. (NYSE: KR), Safeway Stores Inc. (NYSE: SWY), Supervalu Inc. (NYSE: SVU), Whole Foods Market Inc. (Nasdaq: WFMI), Wal-Mart Stores Inc. (NYSE: WMT) and Ruddick Corp. (NYSE: RDK).

 

In the Trade Alert, the author highlights Kroger’s recall of shelled pistachios over salmonella concern:

 

Kroger Co. (KR) shares slipped 2.04% to $21.06 midday today. Kroger, together with its subsidiaries, operates as a food retailer in the United States. The company recently said it is recalling “Private Selection” shelled pistachios sold in its family of retail stores because the product may be contaminated with Salmonella, an organism that can cause serious and sometimes fatal infections.  Symptoms of salmonella infection include fever, diarrhea, nausea, vomiting and abdominal pain.  However, the company said no illnesses have been reported in connection with the product. … The company requests customers who have recently purchased the pistachios should not consume this product and should return it to a store for a full refund or replacement.

 

The Trade Alert author also featured Safeway’s introduction of waterfront BISTRO prepared entrees:

Safeway Inc. (SWY) shares slipped 1.50% to $20.42 in today’s midday trading. Safeway, together with its subsidiaries, operates as a food and drug retailer in North America.  Through its 49% ownership interest in Casa Ley S.A. de C.V., it also operates 146 food and general merchandise stores in western Mexico. The company recently introduced waterfront BISTRO, a line of nearly 30 seafood selections and prepared entrees that make preparing a restaurant-quality meal at home easy.  Developed exclusively for Safeway, the waterfront BISTRO line was created as a convenient, at-home version of a high-quality seafood bistro experience, complete with recipes for creating everything from gourmet dinners to Sunday brunch fare.


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