New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2013
10:40 EDTDG, DLTR, FIVE, FDODiscount chains slip after Family Dollar misses expectations
Several discount retail chains are retreating after Family Dollar (FDO) reported lower than expected earnings per share for its first quarter, and provided second quarter earnings per share guidance that feel below analyst expectations. Family Dollar indicated that a greater number of shoppers than expected took advantage of its discounts, causing its profit margins to decline last quarter. Consumers' "increased financial uncertainty" also weighed on results, the company added. In mid-morning trading, Family Dollar fell $7.07, or 11.04%, to $56.07, while Dollar General (DG) gave back 3.96% to $41.22, Dollar Tree (DLTR) dropped 1.43% to $39.33, and Five Below (FIVE) lost 0.74% to $33.56.
News For DG;DLTR;FIVE;FDO From The Last 14 Days
Check below for free stories on DG;DLTR;FIVE;FDO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 10, 2014
18:33 EDTFIVEOn The Fly: After Hours Movers
Subscribe for More Information
16:17 EDTFIVEFive Below drops after results, levels to watch
Subscribe for More Information
16:13 EDTFIVEFive Below down 6% following Q2 results, guidance
16:11 EDTFIVEFive Below opened 30 new stores in Q2
Subscribe for More Information
16:08 EDTFIVEFive Below reports Q2 comparable store sales up 3.2%
Subscribe for More Information
16:08 EDTFIVEFive Below raises FY14 adjusted EPS view to 87c-90c from 86c-89c, consensus 90c
Raises FY14 revenue view to $681M-$687M from $675M-$681M, consensus $684.77M. Guidance based on opening 62 new stores for the full year and assuming a 4% increase in comparable store sales.
16:05 EDTFIVEFive Below sees Q3 EPS 5c-6c, consensus 7c
Sees Q3 revenue $136M-$138M, consensus $136.95M.
16:04 EDTFIVEFive Below reports Q2 EPS 15c, consensus 14c
Reports Q2 revenue $152.5M, consensus $152.24M.
15:50 EDTFIVENotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Restoration Hardware (RH), consensus 64c; Men's Wearhouse (MW), consensus $1.06; Five Below (FIVE), consensus 14c; Sigma Designs (SIGM), consensus (8c); Wet Seal (WTSL), consensus (9c).
13:03 EDTFDO, DLTR, DGOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, with the Nasdaq comfortably the leader among the major averages. The market opened relatively quietly as investors digested the bevy of research reports surrounding apple (AAPL) and the companies effected by its new products and services announced yesterday. The averages crossed into negative ground early in trading, made it back to positive territory just before the lunch hour, and now are all in the black. ECONOMIC EVENTS: In the U.S., wholesale inventories rose 0.1% in July, which was below expectations for an increase of 0.5%. Wholesale sales rose 0.7%, which was above the 0.6% increase that was forecast. COMPANY NEWS: The strength in the Nasdaq was largely attributable to Apple, which rose about 2.5% the day after unveiling two new, larger iPhone 6 models, the Apple Watch and a new payment system, named Apple Pay... Dollar General (DG) "went hostile" in its pursuit of peer Family Dollar (FDO), commencing a tender offer to acquire all of the company's outstanding shares for $80.00 per share in cash. Family Dollar confirmed the unsolicited offer, noting that the terms are the same as those in the previously rejected proposal made by Dollar General on September 2. Family Dollar said its board will review and consider Dollar Generalís tender offer, but added that the board has not changed its recommendation in support of the company's merger with Dollar Tree (DLTR). MAJOR MOVERS: Among the notable gainers was NPS Pharmaceuticals (NPSP), which rose 21% after several analysts said FDA briefing documents for an advisory panel meeting on its Natpara drug were more favorable than expected. Also higher was clothing and accessories retailer Land's End (LE), which gained nearly 17% after the company's second quarter results beat the estimate of the only analyst that covers it. Among the noteworthy losers was eBay (EBAY), which fell for a second straight day after Apple announced its new mobile payment system, Apple Pay, that could come in direct competition with eBay's PayPal service. Shares of PayPal's parent were downgraded to Neutral this morning at Piper Jaffray and fell 3% near noon. Also lower following yesterday's presentation by Apple was partner GT Advanced (GTAT), which was downgraded at Goldman, Piper Jaffray and Dougherty and dropped more than 14% after it was revealed that sapphire will be used in the display cover of Apple Watch but not the iPhone 6. INDEXES: Near midday, the Dow was up 16.02, or 0.09%, to 17,029.89, the Nasdaq was up 21.10, or 0.46%, to 4,573.38, and the S&P 500 was up 2.62, or 0.13%, to 1,991.06.
12:55 EDTFIVEFive Below September 40 straddle priced for 11.1% move into Q2
10:08 EDTDG, DLTR, FDOFamily Dollar confirms Dollar General unsolicited tender offer
Subscribe for More Information
10:06 EDTDG, FDOFamily Dollar confirms Dollar General unsolicited tender offer
09:27 EDTDG, FDO, DLTRDollar General tender for Family Dollar a logical next step, says Wells Fargo
Subscribe for More Information
06:19 EDTFDO, DG, DLTRDollar General commences tender offer to acquire Family Dollar for $80/share
Dollar General (DG) announced that it has commenced a tender offer to acquire all outstanding shares of Family Dollar Stores (FDO) for $80.00 per share in cash. The offer is scheduled to expire at 5:00 p.m., New York City time, on October 8, 2014, unless the offer is extended. The full terms, conditions and other details of the tender offer are set forth in the offering documents that Dollar General will file today with the SEC. Dollar General also will promptly file for clearance under the Hart-Scott-Rodino Act, which will allow the company to begin the antitrust approval process with the FTC. Dollar Generalís all-cash offer of $80.00 per share provides Family Dollar shareholders with a "superior valuation" to the $74.50 per share cash / stock offer announced by Dollar Tree (DLTR) on July 28, 2014. Dollar Generalís offer provides Family Dollarís shareholders with approximately $640M of additional aggregate value over Dollar Treeís offer. As part of a definitive merger agreement with Family Dollar, Dollar General would be willing to agree to divest up to 1,500 stores if required by the FTC and to pay Family Dollar a $500M reverse break-up fee if the transaction did not close for reasons related to antitrust approvals.
06:01 EDTDG, FDODollar General commences tender offer to acquire Family Dollar for $80/share
Subscribe for More Information
September 9, 2014
16:19 EDTFIVEFive Below signs lease for new distribution center in Southern New Jersey
Subscribe for More Information
10:18 EDTDGDollar General listed among 5 largest long positions by Jana Partners
Subscribe for More Information
08:33 EDTDLTR, FDODollar Tree, Family Dollar receive second request from FTC under HSR Act
Subscribe for More Information
September 8, 2014
13:26 EDTDGDollar General management to meet with Sterne Agee
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use