International Business News - Supervalu http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of Supervalu Inc. dropped to its lowest price in 17 years Thursday as the broader market slipped and an analyst warned the company could be losing its foothold in the supermarket sector. http://www.ibtimes.com/articles/20081120/supervalu-shares-dive-to-17-year-low.htm Thu, 20 Nov 2008 14:28:25 EST Grocer Supervalu Inc. spent $170,000 in the third quarter to lobby on legislation surrounding food safety, retail crime and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20081111/supervalu-spent-170k-lobbying-government-in-3q.htm Tue, 11 Nov 2008 09:01:37 EST Standard & Poor's Ratings Services lowered its rating outlook on Supervalu Inc. Wednesday from "Positive" to "Stable." The Minneapolis-based supermarket company will be "more challenged than previously expected by the current weak economic environment in the U.S.," Standard & Poor's credit analyst Diane Shand wrote. http://www.ibtimes.com/articles/20081015/s-p-revises-outlook-on-supervalu-to-stable.htm Wed, 15 Oct 2008 15:19:22 EDT Shares of Supervalu Inc. continued to slide Wednesday, a day after the grocer reported a nearly 14 percent drop in quarterly profit and lowered its guidance for the year. http://www.ibtimes.com/articles/20081015/supervalue-extends-slide-after-weak-report.htm Wed, 15 Oct 2008 18:34:06 EDT Supervalu Inc. said Tuesday that its profit fell nearly 14 percent in its second quarter as the grocery chain attempted to keep prices low and answer consumers' demands for value. http://www.ibtimes.com/articles/20081014/supervalu-2q-profit-falls-14-percent.htm Tue, 14 Oct 2008 16:54:17 EDT Grocery store operator Supervalu Inc. is expected to report flat quarterly earnings Tuesday, partly due to a difficult economic climate, Jefferies & Co. analyst Scott A. Mushkin wrote in a recent client note. http://www.ibtimes.com/articles/20081014/ahead-of-the-bell-supervalu-earnings.htm Tue, 14 Oct 2008 05:56:46 EDT An analyst upgraded Supervalu Inc. to "Hold" from "Sell" Monday, calling the grocery store operator's stock a more attractive investment following a recent decline in share price. http://www.ibtimes.com/articles/20081006/ahead-of-the-bell-supervalu-upgraded.htm Mon, 06 Oct 2008 07:20:27 EDT Grocer Supervalu Inc. on Thursday announced a regular quarterly dividend of 17.25 cents per share. The dividend is payable on Dec. 15 to stockholders of record as of the close of business on Dec. 1. http://www.ibtimes.com/articles/20081002/supervalu-issues-dividend-of-17-25-cents.htm Thu, 02 Oct 2008 16:28:41 EDT Fitch Ratings reiterated its rating on the debt of grocery chain Supervalu Inc. at "BB-," which is three notches below investment-grade and considered speculative. http://www.ibtimes.com/articles/20080918/fitch-affirms-supervalu-debt-rating.htm Thu, 18 Sep 2008 14:52:11 EDT Grocery store chain Supervalu Inc. on Wednesday announced the launch of a new line of premium foods meant to mirror the food at casual dining restaurant chains. http://www.ibtimes.com/articles/20080903/supervalu-launches-line-of-premium-foods.htm Wed, 03 Sep 2008 08:27:56 EDT _ Supervalu Inc. spent $170,000 in the second quarter to lobby the federal government on agriculture, trade and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080806/supervalu-spent-170k-lobbying-government-in-2q.htm Wed, 06 Aug 2008 16:20:57 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: NEW YORK (AP)--Grocer Supervalu Inc. cut its 2009 profit guidance on Tuesday, citing a slowdown in consumer spending and soaring energy costs, even as it said profit rose 9 percent in its fiscal first quarter. http://www.ibtimes.com/articles/20080722/earnings-roundup-supervalu-mueller-industries.htm Tue, 22 Jul 2008 14:51:55 EDT Grocer Supervalu Inc. cut its 2009 profit guidance on Tuesday, citing a slowdown in consumer spending and soaring energy costs, even as it said profit rose 9 percent in its fiscal first quarter. http://www.ibtimes.com/articles/20080722/supervalu-1q-profit-up-9-percent-meeting-analysts.htm Tue, 22 Jul 2008 17:32:22 EDT Grocery store operator Supervalu Inc. spent $170,000 lobbying the federal government in the first quarter, according to a recent government filing. The Eden Prairie, Minn.-based company lobbied on legislation, signed into law last month, which requires certain grocery store labels to list a food's country of origin. http://www.ibtimes.com/articles/20080630/supervalu-spent-170-000-lobbying-in-first-quarter.htm Mon, 30 Jun 2008 12:27:23 EDT Grocery store operator Supervalu Inc. said Wednesday its board authorized the repurchase of up to $70 million in stock from time to time. The company plans to fund purchase primarily with the cash generated from the settlement of stock options. http://www.ibtimes.com/articles/20080528/supervalu-to-buy-back-up-to-70m-in-stock.htm Wed, 28 May 2008 17:55:06 EDT Grocery store operator Supervalu Inc. said Wednesday its board increased its quarterly dividend by 1.5 percent to 17.25 cents. The new dividend is payable starting in September; Supervalu said it will pay a 17 cent dividend June 16 to shareholders of record June 2. http://www.ibtimes.com/articles/20080528/supervalu-ups-dividend-1-5-percent-to-17-25-cents.htm Wed, 28 May 2008 17:28:36 EDT Supervalu Chairman and Chief Executive Officer Jeffrey Noddle's pay fell to about $5.3 million without the stock awards that had boosted his total compensation the previous year, according to a company filing Friday. http://www.ibtimes.com/articles/20080516/supervalu-paid-ceo-noddle-5-3-million.htm Fri, 16 May 2008 17:33:39 EDT