HPC Market Watch

Safeway Drops After Supervalu Misses By Wide Margin
Shares of Safeway Inc. (NYSE: SWY) plunged $2.25 to close at $15.73 after rival Supervalu Inc. (NYSE: SVU) reported sharply lower earnings that missed estimates by a wide margin. Supervalu stock plummeted $2.60 to close at $2.69.

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