Thoratec says 3Q profit surges on success of heart pump; guidance boosts shares

Thoratec 3Q profit surges on heart pump success

Safeway posts 35 percent lower 3Q profit because of lower prices, sluggish sales

PORTLAND, Ore. — Safeway Inc. said Thursday that falling prices and frugal shoppers drove its third-quarter profit down 35 percent.

Earthquake with preliminary magnitude of 3.7 hits near Pleasanton, Calif.

PLEASANTON, Calif. — An earthquake has rattled parts of Alameda County in Northern California.

Grocer Safeway’s profit edges up in second-quarter thanks to a tax benefit

PORTLAND, Ore. — Safeway Inc. said Thursday that its profit edged up in the second quarter in part because of a tax benefit but that its recent price cuts will take time to gain traction with shoppers, and it lowered its outlook for the year.

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