Why Kroger Co. Stock Tumbled Today

Why Kroger Co. Stock Tumbled Today
What happened Shares of Kroger Co. (NYSE: KR) were sliding today after the supermarket chain posted solid fourth-quarter earnings results but offered underwhelming guidance for the current year. As a result, investors, who were already apprehensive about the grocery industry following Amazon.com ‘s acquisition of Whole Foods and its plan for free two-hour delivery , sold the stock. As of... Read More

Here's Why Viking Therapeutics Stock Dropped as Much as 17.3% Today

Here's Why Viking Therapeutics Stock Dropped as Much as 17.3% Today
What happened Shares of small-cap biopharma Viking Therapeutics (NASDAQ: VKTX) fell over 17% on Thursday after the company announced fourth-quarter and full-year 2017 earnings yesterday afternoon. As a pre-revenue company, there wasn’t much to report on the income statement. However, in recent months management has taken advantage of a soaring stock price to raise $78 million in gross proceeds through... Read More

European Equity Benchmarks Close Firmer On Expectations for Tone-Down US Tariffs; ECB Leaves Rates Steady But Removes Easing Bias

European Equity Benchmarks Close Firmer On Expectations for Tone-Down US Tariffs; ECB Leaves Rates Steady But Removes Easing Bias
The broad-based major European indices closed higher in Thursday’s trading session, with investors jumping back into the market on signs US President Donald Trump may tone down his tariff plans with a temporary exemption for Canada and Mexico. Trump is expected to announce his plan on Thursday between 3 and 3:30 PM ET. Meanwhile in Europe, the European Central Bank... Read More

Why GrubHub Inc. Stock Gained 37.6% in February

Why GrubHub Inc. Stock Gained 37.6% in February
What happened GrubHub (NYSE: GRUB) stock popped 37.6% in February, according to data provided by S&P Global Market Intelligence . Shares climbed following strong fourth-quarter earnings results and news of a partnership with Yum! Brands (NYSE: YUM)  — the company that owns restaurant chains including Pizza Hut, KFC, and Taco Bell. So what GrubHub’s December-ended quarter saw revenue climb roughly... Read More

Tyson Foods Grows on Rising Demand for Protein Products

Tyson Foods Grows on Rising Demand for Protein Products
Buoyed by surging demand for protein packed food products and effective savings strategies, Tyson Foods, Inc. TSN has become one of the shining stars in the meat products realm. In fact, the company’s impressive past performance has also helped its shares gain 13.2% over the last six months, surpassing the industry ‘s 3.1% growth. Rising Demand for Protein-Rich Products Propels... Read More