The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...

LOS ANGELES (Reuters) - Supermarket operator Safeway Inc cut its full-year outlook, citing falling prices for its merchandise as it tries to hold on to shoppers in a weak economy, and its shares fell ...

LOS ANGELES (Reuters) - Supermarket operator Safeway Inc said on Thursday it lowered in-store prices to a level on par with major rivals, addressing a major investor concern and sending shares up ...

Safeway has complained to the Advertising Standards Authority about the misleading price claims made by Tesco. In recent advertisements, Tesco claims that it is significantly cheaper than Sainsbury’s.