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The Latest Breaking News from Kroger

Kroger, Hershey Among Stagflationary Picks: Bank of America

The threat of stagflation looms, with inflation rampant and the economy likely to slow down. Bank of America has appropriate investing ideas.

The Street

This Is Why You're Struggling To Find Infant Formula

Target, CVS and Walgreens have all been limiting purchases of baby formula amid a nationwide shortage.

The Street

Peering Into Kroger's Recent Short Interest

Kroger's (NYSE:KR) short percent of float has fallen 12.22% since its last report. The company recently reported that it has 22.13 million shares sold short, which is 3.09% of all regular shares that are available for trading.

Benzinga

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If You Invested $100 In Kroger 10 Years Ago, Here's How Much You Would Have Today

Kroger (NYSE:KR) has outperformed the market over the past 10 years by 5.14% on an annualized basis producing an average annual return of 16.97%. Currently, Kroger has a market capitalization of $39.72 billion.

Benzinga

If You Invested $100 In Kroger 15 Years Ago, Here's How Much You Would Have Today

Kroger (NYSE:KR) has outperformed the market over the past 15 years by 2.03% on an annualized basis producing an average annual return of 9.58%. Currently, Kroger has a market capitalization of $42.07 billion.

Benzinga

How the test-to-treat pillar of the US COVID strategy is failing patients

The federal “test-to-treat” program, announced in March, is meant to reduce COVID-19 hospitalizations and deaths by quickly getting antiviral pills to people who test positive. But even as cases rise again, many Americans don’t have access to the program.

Tribune News Service

‘Unified and militant’: Grocery workers get double-digit pay raises in new contract

LOS ANGELES — Whipsawed by the pandemic, spurred by fury over wage stagnation and alarmed by inflation, Southern California’s unionized grocery workers gained their biggest pay raises in decades Thursday as they ratified a new contract with the region’s largest food chains.

Los Angeles Times

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'Unified and militant': Grocery workers get double-digit pay raises in new contract

LOS ANGELES — Whipsawed by the pandemic, spurred by fury over wage stagnation and alarmed by inflation, Southern California's unionized grocery workers gained their biggest pay raises in decades Thursday as they ratified a new contract with the region's largest food chains.

Los Angeles Times

'A big win': New contract gives grocery workers their biggest pay raises in decades

Los Angeles Times

Baby formula shortage: What is causing supply issue and which stores are rationing products?

Out-of-stock per centages reached higher than 40 per cent in seven states in first week of April

The Independent UK

Gasoline Prices Got You Down? Here's 30 Ways to Save Money.

It could take while for gas prices to go down, if they ever do. Try some of these strategies to pay less at the pump.

The Street

McConnell made millions from price hikes

Meanwhile the Republican has accused Democrats of "gaslighting" the public for blaming inflation on price gouging

Salon

How Much Do Top CEOs Make?(Way More Than You)

Which big boss gets paid the most?

The Street

$1000 Invested In Kroger 20 Years Ago Would Be Worth This Much

Kroger (NYSE:KR) has outperformed the market over the past 20 years by 1.16% on an annualized basis producing an average annual return of 8.49%. Currently, Kroger has a market capitalization of $41.49 billion.

Benzinga

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Financial Times

US executives reap record pay as historic income gap with staff widens

Post-pandemic stock market rally delivers larger windfalls to bosses than to employees

Benzinga

Carl Icahn Calls Out Kroger For Ignoring 'Human And Animal Suffering'

Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management.

Los Angeles Times

Southern California grocery workers authorize a strike amid contract negotiations

LOS ANGELES — Battered by two years of pandemic stress, tens of thousands of Southern California grocery workers voted overwhelmingly to authorize a strike if supermarkets don't meet their wage demands as negotiations on a new contract resume in the coming weeks.

Benzinga

Kroger Partners With NVIDIA For AI Services

Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services. The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics. The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software…

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Benzinga

Jim Cramer Thinks This Grocery Retailer Can Withstand Inflation Better Than Rivals

CNBC host Jim Cramer said that grocery retailer Kroger Co. (NYSE: KR) is withstanding the “worst inflation in decades” better than its rivals.

Los Angeles Times

Southern California grocery workers prepare for a strike: 'We've walked through hell'

Grocery workers across Southern California began voting Monday to authorize a strike against Ralphs, Albertsons, Vons and Pavilions in an effort to pressure the companies to raise wages.

The Street

Kroger Puts a Really Weird New Spin on the Icee

And we're not so sure it's a good one.

The Independent UK

Walmart and Kroger pancake mix recalled over ‘cable fragments’

Those who think they may have purchased two kinds of pancake and waffle mix are being asked to immediately throw them away

Investors Business Daily

Top Funds Go On Shopping Spree For Shares In This Retail Giant

Joining fellow retailer Kroger on the IBD Breakout Stocks Index, Costco stock rises in down market as top funds scoop up shares.

Benzinga

Here's How Much $1000 Invested In Kroger 5 Years Ago Would Be Worth Today

Kroger (NYSE:KR) has outperformed the market over the past 5 years by 3.25% on an annualized basis.

Benzinga

Analysts Bump Up Kroger Price Target Post Q4 Results

Analysts raised their price target on Kroger Co (NYSE:KR) following the release of Q4 results. BMO Capital analyst Kelly Bania raised the price target to $57 from $41 and kept a Market Perform rating on the shares, implying a 2% downside. The analyst notes that the company's Q4 earnings beat was driven by strong comps,…

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