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Stock Market & Financial Investment News

News Breaks
February 18, 2014
07:56 EDTSWYSafeway may be exploring strategic alternatives, says Credit Suisse
Credit Suisse said lack of news in recent months from Safeway may suggest the company is exploring strategic alternatives. The firm said the management has kept visibility low with no detail on the upcoming analyst meeting and that there has been an absence of a debt tender and meaningful share buybacks. Credit Suisse believes Q4 could disappoint but valuation provides support. Shares remain Outperform rated with a $40 price target.
News For SWY From The Last 14 Days
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July 30, 2014
11:32 EDTSWYOptions with increasing implied volatility
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July 28, 2014
12:05 EDTSWYOptions with increasing implied volatility
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July 25, 2014
17:55 EDTSWYSafeway shareholders approve merger with AB Acquisition
Safeway announced the preliminary results of its stockholder vote at the company's 2014 Annual Meeting of Stockholders held earlier. Stockholders approved and adopted the proposal to approve the previously announced agreement and plan of merger dated as of March 6, as amended on April 7 and June 13, under which AB Acquisition, an affiliate of Albertsons, will acquire Safeway as described in the proxy statement dated June 19, with 70% of the outstanding shares and 96% of the shares voted voting FOR the Merger.
12:18 EDTSWYGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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July 23, 2014
06:31 EDTSWYSafeway says receives subpoena from U.S. DEA
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