Safeway Rating Lowered to Neutral at Citigroup
SWY has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a buy rating on shares of Safeway in a research note to investors on Monday, June 10th.
Fri Jun 14, 2013
Safeway Downgraded by Citigroup to "Neutral"
Shares of Safeway traded down 1.85% during mid-day trading on Thursday, hitting $24.36.
Company News for June 14, 2013 - Corporate Summary
Empire Co. announced it was purchasing Safeway Inc.'s Canadian assets for $5.7 billion, following which shares of the company surged 7.4% Gannett Co., Inc. revealed its intentions of buying Belo Corp for $1.5 billion.
Crista Huff: Eh, Safeway Sells Stores to Canada
Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC , a website that recommends outperforming stocks using fundamental and technical analysis.
The Zacks Analyst Blog Highlights: Safeway, Boeing, Textron, Lockheed ...
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Thu Jun 13, 2013
M&A and IPOs
Gannett Co. Inc. has agreed to acquire television station owner and operator Belo Corp. for $13.75 per share in cash .
Sobey's purchase of Western Canada Safeways not expected to cause grocery wars
Shares of Empire Co. and Safeway Inc. were up sharply in early trading following news that Empire's Sobeys grocery chain will buy more than 200 Safeway stores in western Canada for $5.8 billion cash.
JP Morgan Cazenove Increases Safeway Price Target to $28.00
JP Morgan Cazenove's price target would indicate a potential upside of 12.81% from the stock's previous close.
Guggenheim Increases Safeway Price Target to $30.00
Guggenheim's price objective would indicate a potential upside of 20.87% from the stock's previous close.
Option Players Think Safeway Inc.'s (SWY) Gains Will Fizzle
Safeway Inc. bull gapped this morning on news that it had sold its Canadian operations .
Mid-Day Market Update: Safeway Surges On Sale Of Canadian Operations, Elan Declines
Midway through trading Thursday, the Dow traded up 0.33 percent to 15,044.65 while the NASDAQ gained 0.35 percent to 3,412.30.
Investor's Business Daily
Stocks Hold Positive Ground; Gannett, Safeway Keep Gains
Stocks firmed up moderate gains near midday Thursday, as losses narrowed in Europe and most of the big, early gains by U.S. issues stood their ground.
Wall Street Breakfast: Must-Know News
Top Stories Great global sell-off continues. The Nikkei has taken another thrashing, plunging 6.4% to 12,445.38 as uncertainty about the Fed's QE program continues to grip global markets.
International Business Times
Pre-Market Movers (Safeway, DRDGOLD, Men's Wearhouse, Research In...
Safeway Inc, DRDGOLD, Men's Wearhouse, Research In Motion, Vanda Pharmaceuticals, J.C. Penney, QUALCOMM Inc and Siemens AG are among the companies whose shares are moving in pre-market trading on Thursday.
Wed Jun 12, 2013
's M&A Chatter for Wednesday June 12, 2013
The Deal : Safeway announced Wednesday that it has entered into an agreement to sell its Canadian operations to Sobeys for C$5.8 billion in cash, plus the assumption of certain liabilities.
Safeway Ditches Canada As Shares Climb Over 30%
After the close Wednesday, Safeway , the food and drug retailer, announced that it has agreed to sell its Canadian business in order to pay down debt and buy back stock.
Empire Co's Sobeys Unit to Buy Canada Safeway for C$5.8B
Empire Company Limited and its wholly-owned subsidiary, Sobeys Inc. , have announced that Sobeys has reached a definitive agreement with Safeway Inc. to acquire substantially all of the assets of Canada Safeway Limited for a cash purchase price of Cdn.
Safeway Announces Definitive Agreement to Sell Its Canadian...
Safeway today announced that it has entered into an agreement to sell its Canadian operations through a sale of the net assets of Canada Safeway Limited to Sobeys Inc., a Canadian food retailer and wholly-owned subsidiary of Empire Company Limited, for C$5.8 billion in cash , plus the assumption of certain liabilities.
Mon Jun 10, 2013
Safeway Rating Reiterated by TheStreet
's stock had its "buy" rating restated by stock analysts at TheStreet in a report issued on Monday, Stock Ratings Network.com reports.
Oberon Fuels Project With Volvo Trucks And Safeway Receives Grant...
San Diego, CA /PRNewswire/ - Oberon Fuels , the first company to bring dimethyl ether , a clean burning diesel alternative to market, has received a $500,000 grant from the San Joaquin Valley Air Pollution Control District to produce fuel-grade DME at its facilities in .