Las Vegas, NV -- (SBWIRE) -- 10/16/2012 -- Cogonews.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
The Kroger Co. (NYSE:KR) is currently trading at $24.35, 3.93% higher on a traded volume of 10.01 million shares. Kroger Co.'s board approved a $500 million stock-buyback program as the supermarket operator also raised its long-term earnings forecast.
Kroger also said it plans to increase capital spending by $200 million a year to support plans to expand in existing markets and enter new ones.
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Fossil, Inc. (NASDAQ:FOSL) jumped 7.34% to $91.33 on a traded volume of 1.46 million shares after an analyst at Citigroup upgraded the watch and handbag maker. “We upgrade shares of Fossil to buy, our price target is $100 which implies 18% upside,” said Oliver Chen, retailing/specialty stores analyst at Citi.
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Murphy Oil Corporation (NYSE:MUR) added 9.53% to $64.62 on a traded volume of 5.79 million shares. Murphy Oil Corporation (Murphy) is an oil and gas exploration and production company with retail and wholesale gasoline marketing operations in the United States and refining and marketing operations in the United Kingdom. It operates in two business activities: Exploration and Production and Refining and Marketing.
To Get complete technical analysis on MUR Find Out click my link
First Solar, Inc. (NASDAQ:FSLR) among the gainers and the stock jumped 7.60% to $23.94. The company signed a memorandum of understanding with Indonesia’s Pembangkitan Jawa Bali Services to cooperate on the delivery of 100 megawatts of utility-scale solar power plants in the Asian country.
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