Safeway Inc (NYSE:SWY), Down By 6.42% ($1.31) From $20.420 After BUYINS.NET Report Predicted Weakness Before Earnings
February 20, 2013 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, February 19th 2013 stating that Safeway Inc (NYSE:SWY) was expected to be Down Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=swy&id=348438
At the time this story was written, Safeway Inc (NYSE:SWY) is Down By 6.42% ($1.31) From $20.420 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
Safeway Inc (NYSE:SWY) - Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Its stores provide a range of food and general merchandise; and consist of various specialty departments, such as bakery, delicatessen, floral, seafood, and pharmacy, as well as Starbucks coffee shops, and adjacent fuel centers. It also operates online grocery channels, including Safeway.com, Vons.com, and Genuardis.com; and purchases, manufactures, and process private-label merchandise comprising milk, bakery goods, ice cream, cheese, meat products, soft drinks, fruits, vegetables, cakes, and sandwiches. The company offers Health and Wellness products under the O Organics, Eating Right, Bright Green, and Open Nature brands; Premium products, including the Safeway SELECT, Signature Caf , Rancher's Reserve, Primo Taglio, Waterfront BISTRO, and Debi Lilly offerings; and core producs under the Safeway brands, such as Lucerne, Refreshe, the Snack Artist, and Pantry Essentials. As of December 6, 2012, it operated approximately 1,700 stores. Safeway Inc., through its interest in Casa Ley, S.A. de C.V., also operates 185 food and general merchandise stores in western Mexico. The company was formerly known as Safeway Stores, Incorporated and changed its name to Safeway Inc. in February 1990. Safeway Inc. was founded in 1915 and is based in Pleasanton, California..
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