Supermarket chain Kroger cut it profit outlook for the year, sending its stock plunging nearly 20% in the process. Falling food prices are a problem. But growing competition from Amazon, Walmart and European grocers are a big threat too.
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| -14.66 | | -29.39 | | -5.46 | 21,359.90 | | 6,165.50 | | 2,432.46 | -0.07% | | -0.47% | | -0.22% | YTD +8.08% | | YTD +14.53% | | YTD +8.65% | | | |
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Biggest Winners | H & R Block Inc | +3.02% | | Harley-Davidson Inc | +2.91% | | Alliance Data Systems Corp | +2.77% | | C.H. Robinson Worldwide Inc | +2.37% | | Biggest Losers | Kroger Co | -18.89% | | Nucor Corp | -7.63% | | Whole Foods Market Inc | -6.74% | | Mattel Inc | -6.68% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Stats | Latest | Today's Change | | Oil | $44.40 | -0.06 / -0.13% | | Gold | $1,256.20 | +1.60 / +0.13% | | 10-yr | 2.16% | +0.02 / +1.08% | | Euro | $1.11 | -0.01 / -0.58% | | |
News: What you need to know about the markets | | | | Grocery wars! Amazon and Walmart crush Kroger
| Supermarket chain Kroger cut it profit outlook for the year, sending its stock plunging nearly 20% in the process. Falling food prices are a problem. But growing competition from Amazon, Walmart and European grocers are a big threat too. Read more » | | 'Soup Nazi' company files for bankruptcy
| Soupman, made famous by a beloved Seinfeld episode, filed for bankruptcy this week following the arrest of a top exec charged with tax evasion. Read more » | | Big Oil needs to spend $350 billion...on wind and solar
| Big Oil may be ignoring the rapid growth of solar and wind energy at its own peril. Wood Mackenzie estimates in a report this week that traditional energy companies need to spend $350 billion on renewables to catch up with the enormous growth there. Read more » | | Airline stocks finally back to pre-9/11 levels
| Flying on a commercial airline may be a maddeningly frustrating experience. But airline stocks are booming thanks to strong demand for travel, less competition and an increase in fees that have helped boost airline profits. Read more » | | CEOs to Trump: You're failing
| A stunning 50% of the CEOs, business execs, government officials and academics surveyed at the annual Yale CEO Summit would give Trump an "F" for his first 130 days in office. Read more » | | What Trump doesn't understand about the poor
| The American Dream is no longer a house with a yard and pretty fence. It's a stable paycheck, according to a groundbreaking new book, "The Financial Diaries" that follows 235 low and middle class families. Read more » | | | | | | | |
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