PDA

View Full Version : Grocers rise after consumer confidence report (AP)



Yahoo! Finance
07-29-2008, 02:10 PM
<b>Yahoo! Finance: Commodity News</b>

Grocer stocks rose Tuesday following an uptick in consumer confidence and a drop in oil prices. Shares of Safeway Stores Inc. and Kroger Co. rose more than 3 percent. SuperValu Inc., which last week cut its 2009 guidance because of weak consumer spending and soaring energy costs, fell 6 percent in midday trading.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080729/grocers_sector_snap.html?.v=1)