Craig Herkert

Guggenheim maintained a Neutral rating on SuperValu (NYSE: SVU) and lowered its price target from $7 to $4. Guggenheim remarked, “Since Craig Herkert's arrival as CEO in 2009, his mantra has been that SVU would approach its turnaround gradually, choosing to protect near-term profits. That has...

Bank of America reinstates coverage of Supervalu Inc. (NYSE: SVU), the nation's fourth largest food retailer with a Neutral rating and a price objective of $9 per share . According to Bank of America, “Since hiring current CEO Craig Herkert in 2009 (prior experience as former president and CEO of...

KB Home (NYSE: KBH) has reported a net loss of $101.7 million for the fiscal year 2009. KB Home had reported a loss of $976 million in the previous year. The Los Angeles based firm recorded revenue of $1.8 billion down from $3.03 billion in the previous year. It posted a profit of $100 million...