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    Merrill raises Safeway to 'buy'

    NEW YORK -- Merrill Lynch said Thursday analyst Mark Husson had raised his rating on Safeway Inc. to "buy" from "neutral" on Thursday, citing among other factors that "free cash flow has continued to remain strong and visible."

    NEW YORK -- Merrill Lynch said Thursday analyst Mark Husson had raised his rating on Safeway Inc. to "buy" from "neutral" on Thursday, citing among other factors that "free cash flow has continued to remain strong and visible."

    Safeway stock closed at $23.16 on Wednesday.

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