The Latest Breaking News from ACI

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…

StockNews.com · May 12, 2022

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…

Benzinga · May 3, 2022

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…

StockNews.com · Apr 27, 2022

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…

Benzinga · Apr 12, 2022

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 · Apr 11, 2022

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…

StockNews.com · Mar 31, 2022

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.

The Times of India · Mar 24, 2022

Cue Health Offers COVID-19 Tests At Albertsons Pharmacies

Cue Health Inc (NASDAQ:HLTH) has partnered with Albertsons Companies Inc (NYSE:ACI) for COVID-19 test kits. The partnership will provide Cue’s molecular COVID-19 tests at participating Albertsons pharmacies across the country. Customers will get their test results delivered to their email in 20 minutes. The companies piloted this in-pharmacy COVID-19 testing program last fall in 40…

Benzinga · Mar 22, 2022

5 Best Grocery Store Stocks to Buy for a Recession

Many analysts predict a recession soon due to skyrocketing oil prices and surging inflation. But since groceries are required for human survival, the industry is expected to garner stable consumer demand despite economic stagnation. Therefore, we think it could be wise to bet on quality grocery stocks The Kroger (KR),…

StockNews.com · Mar 14, 2022

5 Best Consumer Staples Stocks to Buy as Inflation Protection

Despite soaring inflation, the inelastic demand for certain products makes consumer staples stocks good bets now. Therefore, fundamentally-sound consumer staples stocks Diageo (DEO), Archer-Daniels-Midland (ADM), Kroger (KR), Albertsons Companies (ACI), and BJ's Wholesale Club (BJ) could be solid buys to protect your portfolio against inflation.

StockNews.com · Feb 23, 2022