Wednesday, August 29, 2007

Big Week for Organic Companies

"This week may be less active in shares traded because of the pre-Labor Day absence of many Wall Street pundits. But it is a very important week for organic food and health(ier) food companies. Whole Foods (NASDAQ:WFMI) has closed the Wild Oats (NASDAQ:OATS) transaction, and the stocks should trade as one after this week. Whole Foods has surprisingly seen its shares rise more than 20% off of the post-Mackey SNAFU lows from just a few weeks ago, and that has been during a time that the market hasn't been all that hot."

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