Cincinnati Business Courier


Five things you need to know today, and take that, NFL!

Good morning, Cincinnati! Here are the five most important things you need to know to help start your busy business day:. Second week of Sittenfeld trial starts this morning. Andy Brownfield, who's covering every minute of the P.G. Sittenfeld corruption trial (here's a timeline), reports the cross-examination of an FBI agent raised new revelations about alleged crimes at City Hall around the financing of political campaigns. To wit: The jury heard a local political operative allegedly pocketed $15,000 that was to go toward the campaign of former Cincinnati Mayor John Cranley.

How Kroger first-quarter earnings performed

Kroger Co. posted strong first-quarter earnings June 16 that rose 22%, beating analysts’ estimates by 12%. What were Kroger’s first-quarter earnings results?. Kroger’s adjusted earnings per share for the quarter ended May 21 rose to $1.45 from $1.19 in the year-ago quarter. Analysts had predicted Kroger would earn $1.30 per share, according to Thomson Reuters consensus estimates, and $1.28, based on estimates compiled by Zacks Investment Research Inc.