Moody's Affirms Safeway Ratings

NEW YORK — Moody's Investors Service said Monday it was affirming all of Safeway's existing ratings while maintaining a stable outlook.

NEW YORK — Moody's Investors Service said Monday it was affirming all of Safeway's existing ratings while maintaining a stable outlook.

"Although Safeway's credit metrics in the last fiscal year have been consistently weak for the rating category, we expect the momentum of an improving economy and the positive initiatives undertaken by management [to] result in improving trends in operating performance and credi

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