NASH FINCH CO (NASDAQ:NAFC), Down By 6.13% ($1.73) From $28.230 After BUYINS.NET Report Predicted Weakness After Earnings
November 10, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, November 9th 2011 stating that NASH FINCH CO (NASDAQ:NAFC) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=nafc&id=209209
At the time this story was written, NASH FINCH CO (NASDAQ:NAFC) is Down By 6.13% ($1.73) From $28.230 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
NASH FINCH CO (NASDAQ:NAFC) - Nash Finch Company operates as a food distribution company. Its Food Distribution segment sells and distributes various nationally branded and private label grocery products and perishable food products to approximately 1,700 independent retail locations in 28 states across the United States. It also provides services, including promotional, advertising, and merchandising programs; installation of computerized ordering, receiving, and scanning systems; retail equipment procurement assistance; accounting, budgeting, and payroll services; consumer and market research; remodeling and store development services; and supply chain through Internet services. The companys Military segment distributes grocery products to the United States military commissaries and exchanges in the United States and the District of Columbia, Europe, Puerto Rico, Cuba, the Azores, and Egypt. Its Retail segment operates corporate-owned stores primarily in the Upper Midwest, in the states of Colorado, Iowa, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. These corporate-owned stores operate under the Sun Mart, Econofoods, AVANZA, Family Thrift Center, Pickn Save, Family Fresh Market, Prairie Market, and Wholesale Food Outlet banners. This segments conventional grocery stores offer grocery products and services, such as fresh meat counters, delicatessens, bakeries, eat in cafes, pharmacies, dry cleaners, banks, and floral departments. In addition, these conventional stores provide check cashing, fax services, and money transfer services. This segment also operates a corporate-owned pharmacy and a convenience store. As of January 2, 2010, the company served 115 retail stores under the IGA banner and 75 retail stores under the Food Pride banner. It also operated 47 conventional supermarkets, 5 AVANZA grocery stores, 1 Wholesale Food Outlet grocery store, and 1 other retail store. The company was founded in 1885 and is based in Minneapolis, Minnesota.
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