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Safeway (SWY) Upgraded From Hold to Buy

2014-09-13 14:10:19| Grocery - Topix.net

This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures.

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Sobeys operator Empire Q1 profit rises to $123.1M; revenue soars on Safeway buy

2014-09-11 01:41:20| Grocery - Topix.net

Empire Co. Ltd. , parent of supermarket chain Sobeys Inc., has reported a big increase in first-quarter profit, easily beating analyst estimates amid a more than 35 per cent increase in revenue as a result of its acquisition of Canada Safeway.

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PetFirst lands deal with Safeway

2014-08-25 19:34:19| Grocery - Topix.net

Under the deal, PetFirst's insurance plans will be showcase under Safeway's Priority Total Pet Care brand.

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Safeway shareholders approve Albertsons merger

2014-07-27 20:07:26| Grocery - Topix.net

In a move that could have far-reaching implications for Pleasanton, Safeway shareholders voted overwhelmingly Friday to approve the acquisition of the Pleasanton-based supermarket chain by an affiliate of Albertsons, another national supermarket firm that has its corporate headquarters in Boise, Idaho.

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Safeway receives U.S. subpoena over controlled substances

2014-07-24 01:14:48| Grocery - Topix.net

Grocery store operator Safeway Inc on Tuesday said it received a subpoena from the U.S. Drug Enforcement Administration regarding record keeping, reporting and related practices associated with loss or theft of controlled substances.

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