Active Stocks in Review: Kroger (NYSE:KR), Target (NYSE:TGT), California Resources (NYSE:CRC), Amgen, (NASDAQ:AMGN)

On Thursday, Shares of Kroger Co (NYSE:KR), gained 1.69% to $36.68.

The Kroger Co., declared a new line of corporate brand products, imported directly from the most food-rich regions of the world. HemisFares™ is a guided tour of the best-of-the-best tastes the planet has to offer – found exclusively at the Kroger family of stores.

Kroger introduced the brand with 27 authentic Italian products presently on shelves, and plans to add more products and countries soon.

Kroger is working side-by-side with the best food connoisseurs, some with decades of experience, to identify the most delectable, regional culinary treasures from around the world. Krogers Corporate Brands team travels to those regions, diving into what makes each edible treasure and locality unique. Gelato, for example, originated in Sicily. HemisFares Sicilian Gelato is made from grass-fed cows who roam the Sicilian countryside. These cows are milked daily and provide the fresh cream used to make the rich and creamy HemisFares Sicilian Gelato that is sold on Kroger shelves.

The Kroger Co. (Kroger) operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets.

Shares of Target Corporation (NYSE:TGT), inclined 1.08% to $79.51, during its last trading session.

Target Corporation, declared the appointment of Anu Gupta to the role of senior vice president, operational excellence. In this role, which is new to Target, Gupta will lead a dedicated team in simplifying and optimizing processes across the business to assist the retailer become more agile in anticipating and meeting guests’ needs. She will report to John Mulligan starting October 12. Mulligan was recently elevated to the position of Target’s first chief operating officer.

Gupta brings more than 20 years of expertise in driving operational excellence, leveraging global operating models counting outsourcing, procurement, lean six sigma process redesign and corporate development across diverse industries, counting retail. She formerly served as vice president for process and profit improvement at Michaels Stores, Inc., where she led the improvement of a variety of core business processes counting inventory productivity, product delivery lead times and store operations. Before Michaels, Gupta held an operational leadership role at Safeway, Inc. and was responsible for creating planned retail services initiatives. She joins Target from private equity investment firm Hellman & Friedman, where she was senior operating executive with oversight for improving business processes and productivity across its portfolio companies.

Gupta’s appointment comes as Target’s leadership renews its focus on improving operational fundamentals, particularly technology systems and platforms, supply chain and out-of-stocks and the guest experience. The retailer is investing a formerly declared $1 billion in supply chain and technology infrastructure this year, and is putting the right teams and leaders in place to spearhead the effort.

Target Corporation (Target) is engaged in providing everyday essentials and fashionable, and differentiated merchandise at discounted prices. The Company operates in two segments: U.S. and Canadian. The U.S. Segment includes all of its the United States retail operations, including digital sales. The Canadian segment offers retail operations in Canada.

Shares of California Resources Corp (NYSE:CRC), inclined 3.08% to $2.68, during its last trading session.

California Resources Corporation, has revealed insider buying and selling activities to the Securities Exchange, According to the information revealed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP. GC and Corp. Secretary) of California Resources Corp, Preston Michael L., had purchased 1,020 shares in a transaction dated on August 14, 2015. The transaction was executed at $3.97 per share with total amount equaling $4,049.

California Resources Corporation (CRC) is an independent oil and natural gas exploration and production company, operating properties exclusively within the State of California. The Company has a mineral acreage consisting of approximately 2.4 million net acres spanning the state’s four oil and gas basins.

Finally, Amgen, Inc. (NASDAQ:AMGN), ended its last trade with 1.38% gain, and closed at $140.23.

Amgen, declared that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted positive opinions recommending marketing authorization for:

  • Kyprolis® (carfilzomib) in combination with lenalidomide and dexamethasone for the treatment of adult patients with multiple myeloma who have received at least one prior therapy.
  • BLINCYTO® (blinatumomab) as a conditional marketing authorization for the treatment of adults with Philadelphia chromosome-negative (Ph-) relapsed or refractory B-precursor acute lymphoblastic leukemia (ALL).

Kyprolis is a proteasome inhibitor for use in the treatment of patients with relapsed multiple myeloma. Proteasomes play an important role in cell function and growth by breaking down proteins that are damaged or no longer needed. Kyprolis blocks proteasomes, which leads to an excessive build-up of proteins within cells. In some cells, Kyprolis can cause cell death, especially in myeloma cells because they are more likely to contain a higher amount of abnormal proteins.

Amgen Inc. (Amgen) is a biotechnology company. The Company is engaged in discovering, developing, manufacturing and delivering human therapeutics. The Companys sales and marketing forces are located in the United States and Europe. In the United States, it sells its products to pharmaceutical wholesale distributors.

DISCLAIMER:

This article is published by www.stocksnewswire.com. The content included in this article is just for informational purposes only. Stocksnewswire.com takes sensible consideration to ensure that the data given in this article is up to date and accurate. The news, prices, opinions, research, analysis, and other information published in this article are obtained from sources believed to be reliable.

Neither Stocksnewswire.com nor any of Stocksnewswire.com partners make any representation or guarantee as to the fulfillment or precision of the information contained in this article.

Investors must consult their own additional due diligence with any potential investment or highlighted company before making any decision on behalf of information offered by Stocksnewswire.com.

Information contained in this article may contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long-term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.

About Travis Garlick 1803 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.