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PLEASANTON, CA-On the real estate front, chief executive Steven Burd tells analysts the company will be taking a much larger development role.
http://www.globest.com/news/1518_1518/sanfrancisco/181640-1.html?st=rss
Safeway (NYSE: SWY) and Tolleson, Ariz.-based Fry’s, which is owned by Cincinnati-based Kroeger Co. (NYSE: KR), signed a mutual lockout deal in the case of a strike, the Arizona Republic newspaper reported.
http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2009/11/09/daily81.html?ana=yfcpc
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Nov 17, 2009 (Close-Up Media via COMTEX) --
Safeway Inc. said that it has raised $18.2 million for breast cancer research and prevention programs during the company's annual October fundraising campaign.
The funds will be donated to some of the most respected cancer centers in North America dedicated to breast cancer research, diagnosis and screening.
"We are grateful to our customers who, in a challenging economic climate, continue to demonstrate extraordinary generosity," said Larree Renda, Safeway Executive Vice President and Chair of The Safeway Foundation. "The funds raised by our employees will continue to be directed to leading edge research that hold the greatest promise for a cure."
Since 2001, Safeway and the Safeway Foundation have devoted the month of October to raising money for breast cancer research and treatment, an effort that has resulted in more than $78 million donated to the cause, the Company noted in a release. The funds are dedicated to a broad range of research initiatives.
For example, the Safeway Foundation is helping fund the I-SPY TRIAL in which women with locally advanced breast cancer will receive promising drugs in development that are individually targeted to the biology of each woman's tumor. Researchers will use data from one set of patients' treatment to treat other patients, and thus more quickly eliminate ineffective treatments and drugs and bring effective drugs to patients more quickly. In addition, the I-SPY trial will test the concept of personalized medicine by leveraging the molecular tools that have been developed over the last decade with the potential to identify and test new biomarkers as well. I-SPY is managed by a consortium comprised of researchers from the National Cancer Institute, the Food and Drug Administration, the National Institutes of Health, and a number of partners from pharmaceutical companies, academic medical centers, non-profit and patient advocacy groups.
Safeway Inc. is a food and drug retailer that operates 1,730 stores in the United States and western Canada.
((Comments on this story may be sent to health@closeupmedia.com))
Tags: academic breast cancer cancer drugs executive food foundation health medical medicine money north america pharmaceuticals president profit research trial woman women
Companies: Safeway Inc. (SWY)
Nov 17, 2009 (Fresh Brewed Media via COMTEX) --
Safeway (NYSE: SWY) closed yesterday at $23.25. So far the stock has hit a 52-week low of $17.19 and 52-week high of $24.32. Safeway stock has been showing support around 22.90 and resistance in the 23.80 range. Technical indicators for the stock are Bullish and S&P gives SWY a weak 2 STAR (out of 5) sell rating. SWY appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Mar '10 22.50 covered call (SWY CX) for a net debit in the $21.30 area. That is also the break even stock price for this trade. This covered call has a 123 day duration, provides 8.39% downside protection and a 5.63% assigned return rate for a 16.72% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the SWY Jan '11 12.50 Call (VYW AV) and selling the Mar '10 22.50 call (SWY CX) for an $8.95 debit. The trade has a 123 day life and would provide 7.74% downside protection and an 11.73% assigned return rate for a 35.00% annualized return rate (for comparison purposes only). Safeway has a current annual dividend yield of 1.74%.
ATU-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: nyse research S&P trade yield
Companies: Safeway Inc. (SWY)
Nov 11, 2009 (PRWeb.com via COMTEX) --
The National Business Coalition on Health (NBCH), a non-profit organization of employer-based health coalitions, recognized Safeway, Inc. with the Employer Excellence in Value-Based Purchasing Award and the Health Action Council Ohio with the Value-Based Purchasing Membership Award. The recipients of this year's awards were recognized yesterday at NBCH's annual conference in Phoenix for their leadership and efforts to improve the quality and efficiency of the health care delivery system, control health care expenditures at the community level and improve the health of employees.
"Employers and coalitions play a critical role in reforming the health care system by demanding quality and value in care delivery," said Andrew Webber, president and CEO, NBCH. "We are proud to recognize these industry innovators and provide a forum to communicate best practices for the efforts of health care purchasers to improve health and health care."
Safeway Safeway Inc., one of the largest food and drug retailers in North America, is a leader in the health care reform debate, calling for information transparency that supports market efficiency and delivery system re-engineering. A longtime member of the Pacific Business Group on Health, the company was recognized for its numerous quality measurement and transparency initiatives that include performance reporting at the health plan, medical group, hospital- and physician-level.
Safeway has aligned its corporate communications and brand strategy to support healthy eating and active lifestyles. Recognizing obesity as a key cost driver, Safeway recently collaborated with over 40 major food and beverage manufacturers and food retailers to advance programs for a Healthy Weight Commitment Foundation (burn 1,750 additional calories and consume 1,750 calories less per week). Additionally, its contributions to community health include cancer prevention and early diagnosis, with fundraising efforts having netted more than $100 million to date.
"We appreciate the recognition from NBCH, and commend their work on behalf of employers to improve the efficiency of our nation's health care system," said Ken Shachmut, executive vice president, Safeway Health.
Health Action Council Ohio NBCH presented Health Action Council Ohio (HAC) with its 2009 Value-Based Purchasing Membership Award. HAC is an Ohio-based non-profit coalition of purchasers dedicated to affordable, high-quality medical care. HAC members include more than 200 employers such as American Electric Power, Nationwide Insurance, Jo-Ann Stores, Parker Hannifin Corporation, Progressive Corporation, the Sherwin-Williams Company, and the State of Ohio.
HAC was recognized for its support of payment reform and value-based purchasing through its growing group purchasing programs (endorsed by the Ohio Business Roundtable), best practice sharing and eValue8(TM). HAC is also a founding partner in Better Health Greater Cleveland, a Robert Wood Johnson Foundation Aligning Forces for Quality project that measures improvements in the care and outcomes of persons with chronic medical conditions.
The Employer Excellence in Value-Based Purchasing Award is sponsored by Johnson & Johnson Health Care Systems. The 2009 Value-Based Purchasing Membership Award is sponsored by AstraZeneca.
About the National Business Coalition on Health NBCH is a national, non-profit, membership organization of nearly 60 employer-based health care coalitions, representing over 7,000 employers and approximately 25 million employees and their dependents across the United States. NBCH and its members are dedicated to value based purchasing of health care services through the collective action of public and private purchasers. For additional information visit: www.nbch.org.
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Read the full story at http://www.prweb.com/releases/2009/11/prweb3191694.htm.
PRWeb.com
Tags: business cancer ceo communications community contributions corporate engineering executive food foundation health insurance market medical north america obesity ohio president profit
Companies: Safeway Inc. (SWY)
PLEASANTON, Calif., Nov 11, 2009 (BUSINESS WIRE) --
Safeway Inc. (NYSE:SWY) announced today the company raised $18.2 million for breast cancer research and prevention programs during the company's annual October fundraising campaign. The funds will be donated to some of the most respected cancer centers in North America dedicated to breast cancer research, diagnosis and screening.
"We are grateful to our customers who, in a challenging economic climate, continue to demonstrate extraordinary generosity," said Larree Renda, Safeway Executive Vice President and Chair of The Safeway Foundation. "The funds raised by our employees will continue to be directed to leading edge research that hold the greatest promise for a cure."
Since 2001, Safeway and the Safeway Foundation have devoted the month of October to raising money for breast cancer research and treatment, an effort that has resulted in more than $78 million donated to the cause. The funds are dedicated to a broad range of research initiatives.
For example, the Safeway Foundation is helping fund the I-SPY TRIAL* in which women with locally advanced breast cancer will receive promising drugs in development that are individually targeted to the biology of each woman's tumor. Researchers will use data from one set of patients' treatment to treat other patients, and thus more quickly eliminate ineffective treatments and drugs and bring effective drugs to patients more quickly. In addition, the I-SPY trial will test the concept of personalized medicine by leveraging the molecular tools that have been developed over the last decade with the potential to identify and test new biomarkers as well. I-SPY is managed by a consortium comprised of researchers from the National Cancer Institute, the Food and Drug Administration, the National Institutes of Health, and a large number of partners from major pharmaceutical companies, leading academic medical centers, non-profit and patient advocacy groups.
Another Safeway Foundation-funded research initiative joins researchers from the University of California's celebrated medical centers -- UC San Francisco, UC Davis, UC Los Angeles, UC San Diego, and UC Irvine. Also participating in the collaboration are the UC Berkeley School of Public Health, the Northern California Cancer Center, Quantum Leap Healthcare Collaborative, the National Cancer Institute's BIG Health Consortium, and the Center for Medical Technology Policy. The project, the ATHENA Breast Health Network, looks to improve the course of care for the 150,000 initial participants by designing and testing new approaches to research, technology and health care delivery. The participants will be screened for breast cancer and followed for years to come through the five UC medical centers. Grants from The Safeway Foundation and the University of California funded this ambitious project.
*Investigation of Serial Studies to Predict Your Therapeutic Response with Imaging And moLecular Analysis
Safeway is a corporate leader in supporting cancer causes. To date, the company has raised nearly $133 million for breast cancer and prostate cancer research and treatment. The services and outreach made possible by these funds include mobile mammography units that give access to early detection for low-income women and those in remote areas, low-cost prostate cancer screening tests, education and prevention information in various languages, and a web site -- www.BreastCancerTrials.org -- that helps breast cancer patients find clinical trials for new experimental treatments.
Cancer research is one of many important causes supported by Safeway and The Safeway Foundation. In total, Safeway supports a broad range of charitable and community programs and in 2008 donated more than $248 million to causes such as education, hunger relief and programs focused on assisting people with disabilities.
ABOUT SAFEWAY www.Safeway.com
Safeway Inc. is a Fortune 50 company and one of the largest food and drug retailers in North America, based on sales. The company operates 1,730 stores in the United States and western Canada and had annual sales of $44.1 billion in 2008. The company's common stock is traded on the New York Stock Exchange under the symbol SWY.
SOURCE: Safeway Inc.
Safeway Inc. Teena Massingill, 925-467-3810 Teena.Massingill@Safeway.com
Tags: academic breast cancer california cancer clinical community corporate drugs education executive food foundation grants health healthcare investigation medical medicine money north america nyse policy president profit prostate cancer research sales technology trial web woman women
Companies: Safeway Inc. (SWY)
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Safeway, Inc. 101 Naco Highway Bisbee, AZ 85620 United States Building This retail building was built in 1984. It consists of 30,181 square feet situated on a 3.90 acre parcel of land. It is leased to Safeway. Current Rate $9.06 Renewal Rate $5.03 Contact dispositions@lxp.com 1-212-692-7200 Built
Better-than-expected post-Thanksgiving Day sales and a record attendance quickened the pulse at December s ICSC New York Conference & Deal Making. The three-day meeting drew 4,404 attendees to Manhattan. Among the speakers was Robert L.
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I have been trouble getting a job and I need some peer reviews. Being on the job market since October is not cutting it. I am 19 and looking for an job as an office assistant or receptionist. EDUCATION Axia University of Phoenix Standing: Freshman/1st Year Pursuing: A.
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