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Stock Market & Financial Investment News

News Breaks
April 1, 2014
13:35 EDTHAWK, SWYSpin off of Blackhawk shares positive, says Barrington
Barrington believes that the spin off of Blackhawk (HAWK) shares by Safeway (SWY) will alleviate competitive concerns for Blackhawk. The firm also thinks that the spin off will increase strategic opportunities for Blackhawk while increasing its ability to pursue acquisitions. Barrington believes that any weakness caused by the spin off would create a long-term buying opportunity. It keeps a $29-$31 price target range and Outperform rating on Blackhawk.
News For HAWK;SWY From The Last 14 Days
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January 27, 2015
14:16 EDTSWYSafeway confirms FTC clearance for proposed Albertsons merger
Albertsons and Safeway announced that they have received clearance from the U.S. Federal Trade Commission for the companies' proposed merger which was announced on March 6, 2014. The FTC's clearance follows Albertsons' and Safeway's agreement to a proposed consent order, which includes a commitment to divest 168 stores. As previously announced, Albertsons and Safeway entered into agreements to sell such stores to four FTC-approved buyers. Albertsons and Safeway also agreed to settlements with the attorneys general of California, Nevada and Washington. Albertsons and Safeway expect to complete the merger within the next five business days.
12:49 EDTSWYSafeway agrees to sell 168 stores to settle FTC concerns with Albertsons merger
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January 23, 2015
17:18 EDTSWYHCA Holdings to replace Safeway in S&P 500 as of 1/26 close
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January 15, 2015
05:55 EDTSWYSupermarkets upgraded to Neutral from Cautious at Goldman Sachs
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