This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ruddick Corporation Announces Name Change To Harris Teeter Supermarkets, Inc., Change In NYSE Ticker Symbol To “HTSI”, Relocation Of Principal Office And Changes To Executive Officers

Ruddick Corporation (NYSE: RDK) today reported that pursuant to the authorization granted by its shareholders at its February 16, 2012 Annual Meeting of Shareholders, the Board of Directors, at a duly scheduled meeting, approved changing the name of the Company from “Ruddick Corporation” to “Harris Teeter Supermarkets, Inc.” As previously disclosed, the Board of Directors determined that the new name better describes the Company’s current operating activities and long-term strategic focus than the prior name, and believes that “Harris Teeter” represents a strong tradition of quality and focus on customer service.

The Board of Directors also approved changing the Company’s ticker symbol for shares of its common stock listed on the New York Stock Exchange from “RDK” to “HTSI”. In addition, the Board of Directors approved relocating the Company’s principal offices to the offices of its subsidiary, Harris Teeter, Inc., at 701 Crestdale Road, Matthews, North Carolina 28105. The name change and relocation are expected to be effective April 2, 2012, and the ticker symbol change is expected to occur as of the opening of the NYSE trading market on April 2, 2012.

The Company also announced changes in the executive officers of the Company as follows: Thomas W. Dickson has been named Chairman of the Board and Chief Executive Officer, previously having served as Chairman of the Board, President and Chief Executive Officer; Frederick J. Morganthall, II, has been named President and Chief Operating Officer, previously having served as President of Harris Teeter, Inc.; John B. Woodlief has been named Executive Vice President and Chief Financial Officer, previously having served as Vice President-Finance and Chief Financial Officer; and Rodney C. Antolock has been named Executive Vice President, previously having served as Executive Vice President, Operations & Merchandising, of Harris Teeter, Inc. The executive officer appointments are effective April 2, 2012, and the executive officers of the Company will also serve in identical roles in Harris Teeter, Inc. as of such date.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs