Suitors line up for convenience stores

KROGER CO. $28 (New York symbol KR; Consumer Sector; Shares outstanding: 881.4 million; Market cap: $24.7 billion; Takeover Target Rating: Medium; Dividend yield: 1.8%; TSINetwork Rating: Average; www.kroger.com) started up in 1883 and is now the largest grocery store operator in the U.S. by sales.

The… Read More

Pat: What do you think about Slate Retail REIT? Thanks. Jack.

Slate Retail REIT, $13.97, symbol SRT.UN on Toronto (Units outstanding: 35.4 million; Market cap: $459.9 million; www.slateretailreit.com), owns 66 retail malls in 20 U.S. states.

In all, those properties contain 7.7 million square feet. Slate’s overall occupancy rate was a high 94.4% as of March 31,… Read More