Jefferies cuts its rating on Safeway (SWY) to Hold from Buy. The sector has been increasingly...

|About: Safeway Inc. (SWY)|By:, SA News Editor

Jefferies cuts its rating on Safeway (SWY) to Hold from Buy. The sector has been increasingly falling out of favor with analysts on the Street as chatter on LBOs and mergers fades and the reality of food inflation takes center stage. On watch: KR, SVU, AHONY.PK, TSCDY.PK.