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The Latest Breaking News from ACI

Buying This Consumer Staples Stock in Q4 Is a Great Idea

Leading food and drug retailer Albertsons (ACI) recently entered a merger agreement with Kroger (KR), which is expected to add substantial value to the company and its shareholders. The fundamental strength, promising growth prospects, solid dividend record, and the non-cyclical nature of its business make ACI a safe buy this…

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Got Extra Cash? Here's 1 Stock to Spend It On

Food and drug retailer Albertsons (ACI) reported stellar second-quarter earnings, and the company has guided solid growth in the upcoming quarters. Moreover, ACI’s merger agreement with Kroger (KR) is expected to see the merged entity control about 20% of the nation’s grocery market. Read on to know more….

StockNews.com

1 Stock That’s a No-Brainer Buy This Fall

Grocery store operator Kroger (KR) has recently announced an almost $25 billion merger with food and drug store operator Albertsons (ACI), which could help KR become a behemoth generating more than $200 billion in annual revenue. The future growth prospects, fundamental strength, and the defensive nature of its business make…

StockNews.com

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This 1 Stock Could Be Your Best Bear Market Buy

Renowned food and drug retailer Albertsons (ACI) reported impressive second-quarter financials and is well-positioned to witness continued growth in the upcoming quarters, driven by steady product demand. Moreover, Wall Street analysts see a more than 50% upside potential in the stock. Hence, ACI makes an ideal investment amid the current…

StockNews.com

This Is What Whales Are Betting On Albertsons Companies

Someone with a lot of money to spend has taken a bearish stance on Albertsons Companies (NYSE:ACI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

CIAL wins global recognition for passenger satisfaction post-COVID

The airport secures award in 5 to 15 million passenger category in Asia-Pacific

The Hindu

3 Stocks You Could Take Position in This Week

Recession fears have been mounting as the Fed maintains its aggressive monetary policy stance to bring inflation under control. While the market is expected to remain uncertain in the near term, we think it could be wise to add fundamentally sound stocks Genuine Parts Company (GPC), Albertsons Companies (ACI), and…

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4 Stocks to Buy in the Hottest Sector Right Now

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

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3 Stocks That Still Deliver Gains In Inflationary Times

The economy witnessed a slight relaxation in inflation last month, but it is still running near 40-year highs. Amid such an inflationary scenario, grocery/big box retailers tend to hold up well due to stable consumer demand for their products. So, you could consider investing in BJ’s Wholesale Club Holdings (BJ),…

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The 5 Best Value Stocks to Buy in August 2022

Though the inflation report on Wednesday geared investors’ spirits, inflation is hovering near a 40-year high. And with the Fed expected to continue with its aggressive rate hikes, it could be wise to invest in the value stocks Albertsons Companies (ACI), AutoNation (AN), Core Molding Technologies (CMT), Genie Energy (GNE),…

StockNews.com

3 No-Brainer Growth Stocks You Should Buy Without Hesitation

The stock market’s downturn due to persistent macroeconomic headwinds and a potential recession has created an excellent opportunity to buy fundamentally strong stocks at reasonable prices. While the market is expected to remain under pressure in the coming months, one could invest in quality growth stocks Albertsons Companies (ACI), Celestica…

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Should You Buy Grocery Stocks on the Dip?

Geopolitical and macroeconomic issues have caused the stock market under pressure in the last few months. Despite possessing an inelastic demand for their products, the broad-based market correction has led to a pullback in shares of grocery stocks. With looming recession fears, it could be wise to add these grocery…

StockNews.com

3 Defensive Stocks to Consider Buying During the Market Downturn

The Fed’s aggressive interest rate increases to fight high inflation has raised concerns about a potential recession. During times of market turmoil, companies in defensive sectors will likely perform better than the broader market owing to inelastic demand for their products. Thus, we think it could be profitable now to…

StockNews.com

Stock Market Sell-Off: 4 Bargain Stocks Begging to Be Bought

The stock market has experienced a sell-off of late due to investor concerns about the Fed’s aggressive interest rate increases to tame inflation and a prospective economic contraction. Nevertheless, the sell-off has created opportunities for investors to buy quality stocks at bargain prices. We think Horizon Therapeutics (HZNP), TDK (TTDKY),…

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5 Consumer Staples Stocks to Protect Your Portfolio from Stagflation

Many experts believe that the Federal Reserve’s aggressive monetary policy to control surging inflation could push the economy into a recession. Since consumer staples companies weather recessionary pressure well because of inelastic demand for their products, we think it could be wise to bet on the stocks of fundamentally sound…

Benzinga

Albertsons, Uber Expand Partnership To 2,000+ Stores Nationwide

Albertsons Companies Inc (NYSE:ACI) and Uber Technologies Inc (NYSE:UBER) have expanded their partnership to include more than 2,000 of the grocer's banner stores nationwide through Uber Eats. Some of the banner stores included are Albertsons, Safeway, Jewel-Osco, ACME, Tom Thumb, and Randalls. The expansion will bring nearly 800 new locations to Uber Eats, including consumers…

StockNews.com

Will Grocery Prices Remain Elevated Throughout 2022?

Multi-decade high inflation is reflected in consumer staples like grocery items. While grocery prices are expected to rise further, an inelastic demand should help grocery retailers stay afloat by passing on the rising costs to consumers. In this article, I am going to discuss how inflation is expected to treat…

Benzinga

Albertsons Companies's Ex-Dividend Date Is Monday, Here's What You Need To Know

Friday marks the last chance for investors to receive the next dividend payout from Albertsons Companies (NYSE:ACI).

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Sports Illustrated

Russian Driver Loses License After Alleged Nazi Salute Incident, FIA Investigating

FIA, motorsport’s ruling body, announced its investigation on Monday while the Italian Automobile Club withdrew the karter’s racing license on Tuesday.

Autosport

Russian karter loses racing licence over alleged Nazi salute incident

The Italian Automobile Club has revoked the racing licence of Russian karter Artem Severiukhin following the controversy over his alleged Nazi salute on the podium of a European championship event.

Motorsport

Russian karter loses racing licence over alleged Nazi salute

The Italian Automobile Club has revoked the racing licence of Russian karter Artem Severiukhin following the controversy over his alleged Nazi salute on the podium of a European championship event.

Benzinga

Albertsons' Q4 Earnings Top Estimates

Albertsons Companies Inc (NYSE:ACI) reported a fourth-quarter FY21 sales growth of 10.2% to $17.4 billion, beating the consensus of $16.74 billion. Identical sales increased by 7.5%; on a two-year stacked basis, Identical sales growth was 19.3%. Digital sales increased 5%; on a two-year stacked basis, digital sales growth was 287%. Gross profit increased…

StockNews.com

3 Safe Stocks to Invest in This Month

Growing concerns over surging inflation, worsening supply chain issues, and the possibility of further sanctions against Russia may lead to additional stock market volatility in the near term. Therefore, it could be prudent to bet on Albertsons (ACI), FONAR (FONR), and Hackett Group, Inc. (HCKT) as they are resilient to…

StockNews.com

4 Top Stocks to Invest in if We Head into a Recession

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…

The Times of India

Mangaluru International Airport receives ACI accreditation

MANGALURU: The Airports Council International (ACI) has awarded the certificate of accreditation to Mangaluru International Airport (MIA). The accreditation is for level one of the Airport Customer Experience Accreditation programme.

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