Food Retail/Distribution: UBS Downgrades SWY, SYY, WFMI [delayed]

Mon. June 30, 2008; Posted: 09:47 AM

Ridgeland, MS, JUN 30, 2008 (EventX/Knobias.com via COMTEX) -- WFMI | Quote | Chart | News | PowerRating -- UBS downgraded three food distributors/retailers, Safeway (SWY), Sysco (SYY) and Whole Foods Markets (WFMI) to Neutral from Buy. UBS cited pricing pressures faced by middle income customers. Each of these names is indicated lower.

Other companies in the industry including Kroger (KR) and Supervalu (SVU) are indicated flat to lower on little news.

GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit http://www.knobias.com/cmtx

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx

For full details on SPDRs Select Sector Consumer Staples ETF (XLP) click here. SPDRs Select Sector Consumer Staples ETF (XLP) has Short Term PowerRatings of 5. Details on SPDRs Select Sector Consumer Staples ETF (XLP) Short Term PowerRatings is available at This Link.

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