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Strategies & Market Trends : Value Investing

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To: Dennis 3 who wrote (48463)7/11/2012 6:28:48 PM
From: Brian Sullivan  Read Replies (2) of 78465
 
Good to have sold SVU... Shares down 21% in After Hours trading..

SVU

4:49 PM More from Supervalu ( SVU): After the big earnings miss, the company suspends the dividend and announces a strategic review of "alternatives for our business." "We will be pursuing deeper and more structural cost savings. we are adopting more flexible financing facilities," says CEO Craig Herkert. Shares -21% AH. ( PR)
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