Albertsons Companies Inc (NYSE:ACI) has voluntarily recalled three ReadyMeals seafood items prepared in-store due to allergens not listed on the ingredient…
Is the United States heading toward a recession?
This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising interest rates and the bond market’s inverted yield curve.
When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist.
On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.
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…
Albertsons Companies Inc. Class A Common Stock's (NYSE:ACI) short percent of float has risen 139.68% since its last report. The company recently reported that it has 6.88 million shares sold short, which is 7.43% of all regular shares that are available for trading.
Guggenheim has decided to maintain its Buy rating of Albertsons Companies (NYSE:ACI) and raise its price target from $34.00 to $37.00.
Shares of Albertsons Companies are trading up 4.41% over the last 24 hours, at $33.38 per share.