Cantor Fitzgerald Reiterates a 'Sell' on SAFEWAY (SWY); No Inherent Value to BlackHawk...Except to Mgmt

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Safeway (SWY) Ramps On Blackhawk IPO Plans

September 5, 2012 9:13 AM EDT

Shares of Safeway Inc. (NYSE: SWY) are on the rise after the company announced that it plans to file a registration statement in the United States for a potential initial public offering (IPO) of a minority ownership stake in Blackhawk Network Holdings, Inc.
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