-
Coinstar Earnings Preview: Strong EPS, Revenue Results Expected
Wednesday, July 27, 2011 - 7:19am | 623Read More...Coinstar (NASDAQ: CSTR) is scheduled to report its second-quarter 2011 results Thursday, July 28, after the markets close. Coinstar's Redbox DVD rental business may ultimately benefit from Netflix's (NASDAQ: NFLX) recently announced price change, but for the second quarter, investors no doubt will...
-
Goldman Sachs Downgrades Safeway from Neutral to Sell and Lowers PT from $25 to $20
Monday, July 25, 2011 - 7:09amRead More... -
Morgan Stanley Provides Color on Supervalu
Friday, July 22, 2011 - 7:05am | 149Read More...Morgan Stanley provided color on Supervalu (NYSE: SVU). In a research report published today, the rating agency states, “We believe the share price will fall in absolute terms over the next 15 days. This is because of an earnings release. Safeway (SWY) reported inflation-related volume declines...
-
Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Read More...Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
-
Jefferies Provides Color on Safeway, Hold
Tuesday, June 14, 2011 - 9:06am | 160Read More...Jefferies provided color on Safeway (NYSE: SWY) after a meeting with the company's management. In a research report published today, Jefferies stressed it believes the company has made a number of good investments in recent times, but it will still take some time for them to make a full impact on...
-
Shopping for Grocery Store Stocks
Thursday, May 26, 2011 - 4:53pm | 765Read More...Memorial Day weekend is almost upon us, the traditional start of the summer season. So it must be time to stock up for picnics and barbeques. Good for the supermarkets, right? But with the specter of rising foods costs, is this actually good time to consider supermarket stocks? Below is a quick...
-
Deutsche Bank Provides Color on Safeway
Thursday, May 26, 2011 - 7:12am | 178Read More...Deutsche Bank provided color on Safeway (NSYE: SWY) after a meeting with the company's management. In a research report published today, Deutsche Bank stressed it feels confident the recent rise in prices will be manageable. In the report, Deutsche Bank states, "Food inflation remains manageable,...
-
Deutsche Bank Increases Target Price on Shares of Safeway
Friday, April 29, 2011 - 9:26am | 124Read More...Deutsche Bank Increased it target price from $25 to $28 after increased revenue on shares of Safeway (SWY). Deutsche bank reports, "Solid Q1 results; IDs continue to improve, expenses well-managed Q1 was solid, with EPS of $0.29 (ex-items), a penny above Consensus. IDs, exfuel, were up +0.4% and...
-
Jefferies Tweaks SWY Estimates
Friday, April 29, 2011 - 9:08am | 101Read More...Safeway Inc. (NYSE: SWY) reported a solid 1Q, Jefferies reports. The question remains, however, about the current climate as management did not provide a current run rate for same store sales due to comparability issues, which are clearly present,” Jefferies writes. Yet, our data suggests that...
-
Jefferies Downgrades Safeway Inc. From Buy To Hold (SWY)
Wednesday, April 27, 2011 - 9:43am | 105Read More...In a recent report by Jefferies, it has downgraded Safeway Inc. (NYSE: SWY) from a Buy rating to Hold due to negative data received from Jefferies' proprietary store manager survey. Jefferies details the survey results, “Last week, we noted an uptick in promotional activity in our pricing surveys...
-
Jefferies Downgrades Safeway To Hold, PT To $25
Wednesday, April 27, 2011 - 6:11am | 27Read More...Jefferies & Company has downgraded Safeway (NYSE: SWY) from Buy to Hold and has lowered the price target from $26 to $25.
-
Citi Raises SWY Target From $18 To $24
Tuesday, March 29, 2011 - 7:14am | 26Read More...Citi is raising its PT on shares of Safeway Inc. (NYSE: SWY) from $18 to $24. Safeway closed Monday at $22.34.
-
Citigroup Upgrades Safeway To Hold, PT To $24
Tuesday, March 29, 2011 - 7:02am | 26Read More...Citigroup has upgraded Safeway (NYSE: SWY) from Sell to Hold and has raised the price target from $18 to $24.
-
Gabelli Comments on Safeway Morning Highlights
Monday, March 21, 2011 - 9:31am | 149Read More...In a report published by Gabelli, Safeway's (NYSE: SWY) annual investor conference on March 8th in Pleasanton, CA recapped another difficult year for food retailing. Gabelli said that the company plans to continue passing its rising costs to consumers, and believes competitors will do the same,...
-
Goldman Sachs Resumes Coverage Of Safeway With A Buy Rating
Wednesday, December 15, 2010 - 8:39am | 102Read More...Goldman Sachs is resuming coverage of Safeway Inc. (NYSE: SWY) with a Buy rating and a 12-month price target of $25, implying 19% upside (21% including dividends). “Our positive view is based on: (1) improving near-term fundamentals – as a non-traditional grocer with a concentrated store base in...

