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Stock Market & Financial Investment News

News Breaks
July 8, 2014
06:14 EDTDG, CAGStocks with implied volatility below IV index mean; DG CAG
Stocks with implied volatility below IV index mean; Dollar General (DG) 26, ConAgra (CAG) 17 according to iVolatility.
News For DG;CAG From The Last 14 Days
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September 29, 2014
08:14 EDTDGDollar General buying Dollar Tree 'not impossible,' says FBR Capital
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September 26, 2014
18:01 EDTDGAttorneys general investigating effects of proposed Family Dollar merger
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16:18 EDTCAGConAgra files automatic mixed securities shelf
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September 23, 2014
10:39 EDTCAGConAgra unit launches partnership with USO
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September 19, 2014
16:24 EDTCAGStocks rise after Fed keeps pledge for 'considerable time' before rate hike
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September 18, 2014
16:27 EDTCAGOn The Fly: Closing Wrap
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12:45 EDTCAGOn The Fly: Midday Wrap
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10:27 EDTCAGOptions with decreasing implied volatility
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10:03 EDTCAGConAgra says to limit share repurchases as company delevers
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08:59 EDTCAGOn The Fly: Pre-market Movers
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07:37 EDTCAGConAgra sees Q2 comparable EPS in line with 2Q14
Comparable EPS for the 2Q15 is expected to be in line with year-ago amounts given the strong comparable EPS performance in 2Q14. Q2 EPS consensus 61c.
07:34 EDTCAGConAgra backs FY15 EPS view of mid-single digit rate growth vs. FY14
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07:33 EDTCAGConAgra reaffirms commitment to maintaining strong dividend
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07:32 EDTCAGConAgra reports Q1 adjusted EPS 39c, consensus 35c
Reports Q1 revenue $3.7B, consensus $3.73B. Gary Rodkin, ConAgra Foods’ CEO, said, “We are pleased with the good start to fiscal 2015, which demonstrates improving fundamentals and better execution. Volume for Consumer Foods is recovering, Lamb Weston’s foodservice channel sales are robust, and cost savings programs across the company are coming in as planned. We remain confident that fiscal 2015 will be a year of stabilization and recovery, and I look forward to updating you on our progress throughout the fiscal year.”
September 17, 2014
17:32 EDTDGDollar General remains committed to acquisition of Family Dollar
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15:34 EDTCAGConAgra technical comments ahead of results
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15:18 EDTCAGNotable companies reporting before tomorrow's open
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08:28 EDTDGFamily Dollar board rejects Dollar General's 'illusory' tender offer
Family Dollar Stores (FDO) announced that its Board of Directors unanimously recommends that Family Dollar’s shareholders reject the unsolicited conditional tender offer made by Dollar General Corporation (DG) and not tender their shares. In conjunction with its rejection of Dollar General’s offer, Family Dollar’s Board unanimously reaffirms its recommendation in support of the transaction with Dollar Tree (DLTR). The terms of the tender offer are the same as those in the proposal made by Dollar General on September 2, 2014, which the Board of Directors of Family Dollar unanimously rejected on September 5, 2014, on the basis of antitrust regulatory considerations. Howard R. Levine, Chairman and CEO of Family Dollar, said, “Our Board of Directors, with the assistance of outside advisors and consultants, reviewed all aspects of Dollar General’s tender offer and concluded unanimously that this highly conditional Offer is illusory because, as Dollar General is well aware, the Offer cannot close on the terms proposed. Tenders into the Dollar General Offer will be meaningless since there is no way that Dollar General can purchase shares that are tendered.” Levine added, “The terms of the Dollar General Offer are no different from those in its most recent unsolicited proposal, which was previously and unanimously rejected by our Board of Directors based on antitrust regulatory considerations. There is a very real and material risk that the transaction proposed by Dollar General would fail to close, after a lengthy and disruptive review process. Accordingly, our Board has rejected Dollar General’s tender offer and reaffirmed its support of the transaction with Dollar Tree, which delivers attractive value in the form of immediate upfront cash and upside participation in a combined Dollar Tree-Family Dollar entity, as well as closing certainty.” Ed Garden, a Family Dollar director and co-founder and Chief Investment Officer at Trian Fund Management, L.P., a large shareholder of the Company, stated, “We are focused on delivering to Family Dollar shareholders the highest value with certainty, and the Dollar Tree transaction does just that. Dollar Tree has taken the antitrust risk off the table by committing to divest as many stores as necessary to obtain antitrust clearance. We remain fully committed to the Dollar Tree transaction.”
08:27 EDTDGFamily Dollar board rejects Dollar General's 'illusory' tender offer
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