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Stock Market & Financial Investment News

News Breaks
December 12, 2012
08:55 EDTCASYCasey's General Stores likely could become REIT, says Feltl
After Casey's rose 5.5% yesterday, Feitl believes the advance occurred partly because the possibility of the company becoming a REIT was raised during its conference call. The firm thinks the company probably could become a REIT if it chose to do so and it maintains a Buy rating on the shares.
News For CASY From The Last 14 Days
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November 26, 2014
07:04 EDTCASYCasey's General accounting error should not affect dividend, says RBC Capital
RBC Capital does not expect Casey's accounting error to affect its dividend. Despite the error, the firm increased its price target on the name to $84 from $80 as it rolls its valuation forward. RBC keeps a Sector Perform rating on the shares.
November 25, 2014
10:21 EDTCASYCasey's General Stores falls on financial restatements
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10:00 EDTCASYOn The Fly: Analyst Downgrade Summary
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09:09 EDTCASYCasey's General Stores downgraded to Neutral from Buy at Northcoast
Northcoast downgraded Casey's to Neutral citing valuation. Price target is $83.
November 24, 2014
16:14 EDTCASYCasey's General Stores says remains committed to FY15 financial goals
Casey's General Stores said its tax error is not expected to affect its continued quarterly dividend payments of 20c per share. Additionally, Casey’s said its long term growth plans remain on track, and that the company remains committed to achieving its financial goals for FY15. Casey’s financial goals for Fiscal 2015 include: Increase same-store fuel gallons sold 1% with an average margin of 15.3 cents per gallon ; Increase same-store grocery & other merchandise sales 5.3% with an average margin of 32.1%; Increase same-store prepared food & fountain sales 9.5% with an average margin of 60%; Build or acquire 72 to 108 stores and replace 25 existing locations.
16:12 EDTCASYCasey's General Stores pays $30.4M plus interest to resolve tax error
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16:10 EDTCASYCasey's General Stores to revise financial statements for accounting error
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