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PORTLAND, Ore. - Shares of the nation's largest grocers fell after the House rejected a proposed financial bailout plan Monday.
The grocers kept pace with the broader market in the early morning slide, followed by a continued drop following the news from the House.
Shares of Safeway Inc. fell 64 cents, or roughly 2.6 percent, to $24.08. Shares of Supervalu Inc. fell $1.54, or 6.42 percent, to $22.46. Shares of Whole Foods Market fell 69 cents, or 3.34 percent, to $19.95 by afternoon trading.
The Great Atlantic & Pacific Tea Company, Inc. saw one of the sharpest drops, falling $1.05, or more than 9 percent, to $10.35.
China's bid to establish its own next generation mobile phone technology standard got a boost from the world's biggest cell phone maker...
U.S stocks fell on Wednesday as investors grew concerned that a bailout loan package for ailing automakers would fail to be approved by U.S. lawm...
Palestinian President Mahmoud Abbas says Israel will free 250 prisoners as a goodwill gesture before an upcoming Muslim holiday. Abbas said at a ...
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