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Stock Market & Financial Investment News

News Breaks
January 23, 2013
10:42 EDTSWYAnalyst: Metro could use cash to buy some Safeway stores, Financial Post reports
After Canada's Metro Inc. netted about $416M after-tax in the sale of its stake in Alimentation Couche-Tard, Credit Suisse analyst David Hartley outlined several acquisition options it may consider, including the potential to buy the 120 stores of Overwaitea, a supermarket chain owned by Safeway (SWY), reported Financial Post. Hartley said the Safeway option may generate the most value for Metro, but the company would likely need to compromise its debt rating to make such a buy. The Fly notes shares of Safeway are up 5.25% to $19.83 in mid-morning trading. Reference Link
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September 17, 2014
11:02 EDTSWYOptions with decreasing implied volatility
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