Whole Foods Q3 earnings disappointed, sending shares swooning more than 11% Thursday.
Lowered guidance for future sales growth also weighed down on the organic grocer's shares.
By Diane Alter, Contributing Writer, Money Morning -
Whole Foods Q3 earnings disappointed, sending shares swooning more than 11% Thursday.
Lowered guidance for future sales growth also weighed down on the organic grocer's shares.
Investors tempted to buy shares might want to wait to see how WFM's new launch is received....
By Diane Alter, Contributing Writer, Money Morning -
Whole Foods Q3 earnings disappointed, sending shares swooning more than 11% Thursday.
Lowered guidance for future sales growth also weighed down on the organic grocer's shares.
Investors tempted to buy shares might want to wait to see how WFM's new launch is received....
By Money Morning Member Alert, Money Morning -
The lower than expected jobs numbers that the Bureau of Labor Statistics released last week could signal a trend more disturbing than a potential rise in unemployment.
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Stock market trends today, August 1, 2014: U.S. markets plummeted Thursday in a broad decline. The DJIA shed 317 points in a heavy sell-off. The S&P 500 fell below its 50-day moving average, erasing all of July's gains as concerns across global markets hammered stocks. The Chicago Board Options Exchange Volatility Index (VIX) jumped more than 27% to an intraday high of 17.11, its highest level since April.
This morning (Friday), the dollar hit a 10-month high against other global currencies while stocks around the world slumped. However, the U.S. unemployment rate rose to 6.2% on news that the economy gained only 209,000 jobs - falling under economist estimates of 230,000 new jobs during July and an unemployment rate of 6.0%.
By Diane Alter, Contributing Writer, Money Morning -
Almost half of Standard & Poor's 500 companies have reported second-quarter earnings and results so far have impressed.
By Diane Alter, Contributing Writer, Money Morning -
Whole Foods Market Inc. (Nasdaq: WFM) stock has slipped about 20% today (Wednesday) after the company disappointed with soft Q2 earnings and lackluster full-year guidance.
Shares of the nation's largest natural foods grocer slumped in morning trading to $37.31, a 52-week low. The stock clawed back some in the afternoon session, but shares remained down a sharp 19% just after noon.
Even more uninspiring was the company’s forward guidance; take a look...
By David Mamos, Money Morning -
Whole Foods sits in the sweet spot of the $60 billion - and growing - organic foods business. But just as other companies are starting to pile in to this lucrative market, Whole Foods has launched an unlikely strategy that promises to create a fresh source of growth…
By Steve Christ, Executive Editor, Money Morning -
After a global financial collapse, money-printing in the trillions, and now governments confiscating citizen's savings, people have had it.
They've had it with big government, big banks, big spending, big cars, big mortgages, and big waistlines. They want excess out of their lives. They're shunning big food and even big drinks, too, like the 50-oz Double Gulp bladder-buster size 7-11 offers.
People are becoming acutely aware of what they put in their bodies – and they don't want it to be genetically modified, full of high-fructose corn syrup, or created with chemicals, herbicides, preservative, and growth hormones. In other words, they're choosing food and ingredients that are "organic." And they're creating one whale of an opportunity for investors in the process.
The organic food industry has grown from “only” $3.6 billion a year in 1997 to more than $31.5 billion today. And it's only getting bigger. Here's how to invest.