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Stock Market & Financial Investment News

News Breaks
December 4, 2012
09:03 EDTBIGBig Lots announces CEO Steven Fishman to retire as chairman and CEO
As part of an orderly leadership transition, Fishman will continue to serve in his current roles until his successor is appointed. The board has retained Korn/Ferry International to conduct a search, both internally and externally, for CEO candidates to succeed Fishman.
News For BIG From The Last 14 Days
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January 21, 2015
11:18 EDTBIGSnow Capital reports 5.2% passive stake in Big Lots
January 12, 2015
11:47 EDTBIGBig Lots should react favorably to guidance, says Deutsche Bank
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09:07 EDTBIGBig Lots backs Q4 EPS $1.70-$1.80, compared to EPS of $1.45 from last year
Backs Q4 to date comparable store sales up 2%. CEO David Campisi said, "As expected, Food, Furniture, Soft Home, and Consumables have been the strongest categories with comp increases ranging from low double digits to mid-single digits. We believe each of these are winnable businesses for Big Lots and Jennifer has recognized our progress in improving our offering. Additionally, I am also encouraged by Christmas Trim where comps were up low single digits with inventory levels down significantly to last year. Overall, the merchant, planning, and operations teams have executed our plan well in a highly competitive retail environment."
07:26 EDTBIGWedbush to hold a meetings at ICR XChange Conference
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