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Stock Market & Financial Investment News

News Breaks
January 2, 2013
17:27 EDTSWYSafeway CEO Steve Burd announces retirement
Safeway announced that Steve Burd, its long-time Chairman and CEO, will retire as CEO and as a director at the company's annual stockholders meeting on May 14. The board will begin a search for a successor, and will consider both internal and external candidates for the job. Burd will help with the search and will continue to assist the company after he transitions out of his leadership posts.
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May 15, 2013
06:58 EDTSWYSafeway re-instated with a Sell at Goldman
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May 14, 2013
16:19 EDTSWYSafeway increases dividend 14% to 20c
Safeway announced that its Board of Directors approved an increase to its regular quarterly cash dividend from 17.5c per share to 20c per share, reflecting a 14% increase. The Board also declared a cash dividend of 20c per share payable on July 11 to stockholders of record at the close of business on June 20.

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