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Safeway Inc. (NYSE:SWY): BMO Capital attended Safeway’s Analyst Day, and now the firm believes that the company’s core operating profit and volumes will see a rise during FY2013, as the company will repurchase at least $2.5 billion worth of its stock by FY17. The firm sees improvement in the company’s fundamentals, and it keeps its Outperform rating on the stock.
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