Jefferies Maintains a 'Hold' on SAFEWAY (SWY); Arbitrage Play...Maybe

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

September 5, 2012 12:19 PM EDT

Cantor Fitzgerald reiterates a 'Sell' on SAFEWAY (NYSE: SWY) price target of $14.00.

Analyst, Ajay Jain, said, "Safeway has announced plans to file an S-1 for a potential IPO for its gift card business, Blackhawk Network Holdings. The preliminary timing expectations are in... More

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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