NEW YORK -- The announcement last Wednesday by Safeway, Pleasanton, Calif., that it anticipated shortfalls in sales and earnings caused a decline in Safeway shares and those of other retail-food stocks at midweek -- a development securities analysts said may signal the beginning of a down cycle for the sector. through this kind of thing periodically; it's just the nature of the business," he explained. According to Lisa Cartwright, an analyst with Salamon Smith Barney, New York, "This ...
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