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The Latest Breaking News from ACI

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

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).

Benzinga

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.

Sports Illustrated

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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.

Autosport

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.

Motorsport

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

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

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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

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

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

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

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

4 Must-Own Large-Cap Stocks to Buy Right Now

Rising tensions between Ukraine and Russia and the Fed’s decision to raise interest rates several times this year are expected to keep the stock market volatile. So, it could be wise to scoop up shares of fundamentally sound large-cap solid stocks Centene (CNC), Genuine Parts (GPC), LKQ (LKQ), and Albertsons…

StockNews.com

3 of the Safest Stocks to Buy in February: Crane, Lukoil, and Albertsons

Many investors foresee a continued market meltdown triggered by the continuing spread of COVID-19, upcoming rate hikes, and high inflation. Hence, we think it is prudent to bet on safe stocks Lukoil PJSC (LUKOY), Albertsons Companies (ACI), and Crane Co. (CR) owing to their resilience to market fluctuations.

StockNews.com

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Looking For Bargains Amidst the Market Downturn? Then Consider These 3 Grocery Store Stocks

The equity market is currently signaling a downturn. Grocery and discounted retail companies are known to hold up well in times of market volatility. The U.S. supermarket and grocery industry have exhibited strong performance over a long time. Together, we think these factors mean grocery stocks, Kroger (KR), Albertsons (ACI),…

StockNews.com

3 Grocery Stocks Thriving with Rising Food Prices

Food prices have been rising , fueled by supply chain disruptions and increasing labor costs amid growing demand and consumer spending. Therefore, we think grocery stocks Albertsons (ACI), BJ's Wholesale (BJ), and Weis Markets (WMK) should keep benefiting. Read on.

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