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5 Things To Know: February 9, 2026
Youtube· 2026-02-09 12:03
Group 1 - Hong Kong media tycoon Jimmy Lie sentenced to 20 years in prison under a national security law, impacting the political landscape of the city [1] - President Trump endorses NextStar's proposed $6.2 billion acquisition of Tegna, with Tegna shares rising by approximately 4.8% [2] - Novo Nordisk shares increase by 6.7% after Hims and Hers announces it will withdraw its copycat weight loss pill from the market, while Hims and Hers shares drop by about 15% [3] Group 2 - Fintech company Block may lay off up to 10% of its workforce, indicating potential restructuring [4] - Kroger plans to hire former Walmart US CEO Greg Forand as its next chief, following a year-long search for a permanent leader after the ousting of Rodney McMullen [4] - Kroger shares rise by approximately 5.25% following the news of the leadership change [4]
Stock Market Today: Dow Jones Futures Drop After Friday's Record Close—STMicroelectronics, Kroger, FedEx In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-09 10:57
Market Overview - U.S. stock futures declined on Monday after a significant rebound on Friday, with major benchmark indices showing lower futures [1] - The 10-year Treasury bond yielded 4.22%, while the two-year bond was at 3.50%, indicating market expectations for interest rates [2] - The Dow Jones, S&P 500, Nasdaq 100, and Russell 2000 experienced slight declines of -0.12%, -0.37%, -0.63%, and -0.33% respectively [2] Company Insights - FedEx Corp. rose by 0.47% following a consortium's announcement to acquire InPost for €7.8 billion ($9.254 billion), maintaining a strong price trend and value ranking [6] - ON Semiconductor Corp. fell by 1.38% as analysts anticipate quarterly earnings of 62 cents per share on revenue of $1.54 billion, while maintaining a moderate value ranking [7] - STMicroelectronics is noted to have a stronger price trend but a poor quality ranking according to Benzinga's Edge Stock Rankings [3] - Kroger maintains a strong price trend and solid quality ranking across all time frames [4] Sector Performance - The S&P 500's gains on Friday were led by industrials, energy, and information technology sectors, while consumer discretionary and communication services sectors closed lower [8] Economic Insights - Financial experts attribute the recent rally in the Dow Jones Industrial Average, which closed above 50,000 for the first time, to cooling inflation and technical rebounds [9] - Analysts suggest that the S&P 500 may struggle to surpass the 7,000-point milestone without stronger contributions from the tech sector, particularly software [11] - Upcoming CPI data and labor market conditions are critical factors to watch for the year ahead, as noted by Allianz's Chief Economic Adviser [11]
Stock Market Today: Dow Jones Futures Drop After Friday's Record Close—STMicroelectronics, Kroger, FedEx In Focus
Benzinga· 2026-02-09 10:57
Market Overview - U.S. stock futures declined on Monday after a significant rebound on Friday, with major benchmark indices showing lower futures [1] - The 10-year Treasury bond yielded 4.22%, while the two-year bond was at 3.50%, indicating market expectations for interest rates [2] - The Dow Jones, S&P 500, Nasdaq 100, and Russell 2000 experienced slight declines of -0.12%, -0.37%, -0.63%, and -0.33% respectively [2] Company Insights - FedEx Corp. rose by 0.47% following a consortium's announcement to acquire InPost for €7.8 billion ($9.254 billion), maintaining a strong price trend and value ranking [6] - ON Semiconductor Corp. fell by 1.38% as analysts anticipate quarterly earnings of 62 cents per share on revenue of $1.54 billion, while maintaining a moderate value ranking [7] - STMicroelectronics is noted for a stronger price trend but has a poor quality ranking according to Benzinga's Edge Stock Rankings [3] - Kroger maintains a strong price trend and solid quality ranking across all time frames [4] Sector Performance - The S&P 500's gains on Friday were led by industrials, energy, and information technology sectors, while consumer discretionary and communication services sectors closed lower [8] Economic Insights - Financial experts attribute the recent rally in the Dow Jones Industrial Average, which closed above 50,000 for the first time, to cooling inflation and technical rebounds [9] - Analysts suggest that the S&P 500 may struggle to surpass the 7,000-point milestone without stronger contributions from the tech sector, particularly software [11] - Upcoming CPI data and labor market conditions are critical factors to watch for the year ahead, as noted by Allianz's Chief Economic Adviser [11]
Grocery giant Kroger names former Walmart executive Greg Foran as CEO
Reuters· 2026-02-09 10:30
Grocery giant Kroger on Monday named former Walmart executive Greg Foran as its chief executive, capping a year-long search following the ouster of Rodney McMullen last March. ...
Kroger to name former Walmart exec Greg Foran as next CEO: report
New York Post· 2026-02-09 00:16
Core Viewpoint - Kroger is set to appoint Greg Foran as the new CEO, following the ousting of Rodney McMullen due to personal conduct issues [1][5]. Group 1: CEO Appointment - Kroger has been searching for a permanent CEO since the removal of Rodney McMullen last year [4]. - The announcement of Greg Foran's appointment is expected as soon as Monday [2]. - Foran previously served as the CEO of Air New Zealand and was the president and CEO of Walmart's US operations [6]. Group 2: Greg Foran's Background - Foran led Air New Zealand from February 2020 to October 2025, managing crises during the COVID-19 pandemic [4]. - Under Foran's leadership at Walmart's US operations, the unit experienced 20 consecutive quarters of comparable sales growth [5].
X @Bloomberg
Bloomberg· 2026-02-08 21:58
Kroger plans to hire Greg Foran as the supermarket chain’s next chief executive officer, The Wall Street Journal reported Sunday, citing people familiar with the matter. https://t.co/I4r7ihdh0Z ...
X @The Wall Street Journal
The Wall Street Journal· 2026-02-08 21:51
Exclusive: Kroger plans to tap Greg Foran, a former executive at rival Walmart, as next chief executive https://t.co/ki7UfRwFNw ...
Kroger Plans to Name an Ex-Walmart Executive as Its Next CEO
WSJ· 2026-02-08 21:07
Group 1 - The core focus of the article is on Greg Foran taking the leadership role at a major grocery chain, addressing challenges posed by cash-strapped consumers while aiming to expand the company's market presence [1] Group 2 - The company is navigating a landscape where shoppers are increasingly constrained financially, which impacts purchasing behavior and overall sales [1] - There is a strategic emphasis on expanding the company's footprint, indicating plans for growth and increased market share [1]
Kroger Reveals Top Party Picks and Savings for the Big Game
Prnewswire· 2026-02-02 16:00
Core Insights - Kroger is launching exclusive game day snacks, including Flamin' Hot Boneless Chicken Wings and a Champion Chip Collection, aimed at enhancing the Big Game experience for customers [1][4][5] Product Offerings - Flamin' Hot Boneless Chicken Wings combine the popular Flamin' Hot flavor with premium boneless chicken wings, marking a first in the chicken wing category [4] - The Champion Chip Collection features unique flavors such as Pigs in a Blanket, Mozzarella Sticks, and Buffalo Wings, designed to appeal to game day fans [4] - A variety of snacks, including Kroger Kettle-Style Tortilla Chips with Queso Blanco, are recommended to cater to different tastes during the game [4] - New Private Selection Three Meat Roman Inspired Pizza is highlighted as a quick and satisfying option for game day [4] - Beverage options include Big K Orange Caffeine Free Soda and Mountain Dew Baja Blast Cabo Citrus, among others, to keep the party lively [4] - Private Selection Sushi and dessert options like Bakery Fresh Brownie Bites and Waffle Bowls with ice cream are also part of the game day offerings [4] Promotions and Pricing - Kroger is implementing special promotions, digital coupons, and personalized deals to make shopping for the Big Game easy and affordable [5] - Specific pricing includes T-bone steaks at $9.99 per pound and whole boneless beef brisket as low as $2.99 per pound, with various BOGO offers available [4][9] - Weekly digital deals feature items like large ripe Haas avocados for as low as 88 cents and Kroger Chicken Party Wings at $6.99 [9] Company Commitment - Kroger emphasizes its commitment to providing high-quality products at low prices, ensuring customers do not have to compromise on quality for savings [5] - The company operates with a purpose to feed the human spirit and serves over 11 million customers daily through various retail formats [7]
Kroger expands its Simple Truth high-protein private-label line
Supermarket News· 2026-01-29 19:01
Core Insights - Kroger has expanded its Simple Truth Protein product line by adding 24 new items, bringing the total to over 110 products, aimed at meeting diverse nutrition needs without undesirable ingredients [1][2] Product Expansion - The new items include a high-protein cereal with 14 grams of protein, 6 grams of fiber, and 1 gram of sugar per serving, available in cinnamon and berry flavors [3] - Beef sticks made from grass-fed beef, offering 9 grams of protein per serving, are introduced in original and jalapeño varieties [3] - Additional products consist of protein and electrolyte water enhancers with 9 grams of protein and less than 1 gram of sugar, a single-serve protein cottage cheese with 21 grams of protein, and protein energy bars containing 20 grams of protein with no added sugar [3] Market Trends - The demand for high-protein products is increasing, driven by health-conscious consumers and those prioritizing protein intake while using weight-loss medications [4]