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Stock Market & Financial Investment News

News Breaks
June 9, 2014
08:33 EDTFDO, DGJefferies upgrades Dollar General, Family Dollar on deal potential
Jefferies upgraded both Dollar General (DG) and Family Dollar (FDO) to Buy from Hold citing the potential for a merger as it thinks "large synergies" could be realized. The firm sees potential for new consolidation in the space after Icahn Capital reported a 9.4% stake in Family Dollar. Jefferies raised its price target for Dollar General to $75 and its price target for Family Dollar to $79.
News For DG;FDO From The Last 14 Days
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July 2, 2015
16:53 EDTFDODollar Tree says receives FTC clearance to complete Family Dollar merger
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July 1, 2015
16:53 EDTFDOFamily Dollar reports Q3 adjusted EPS 74c, consensus 82c
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June 30, 2015
07:28 EDTFDODollar Tree shares poised to outperform, says Wells Fargo
Wells Fargo predicts that Dollar Tree will be re-ranked by quantitative investment models following its merger with Family Dollar (FDO), enabling Dollar Tree's stock to outperform. The firm predicts that Dollar Tree's P/E ratio will become much lower versus its peers after the merger closes. Wells keeps an Outperform rating on Dollar Tree.
June 25, 2015
09:21 EDTFDOFamily Dollar volatility low into Q1 and outlook
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08:01 EDTDGDollar General names John Garratt as interim CFO, effective July 1
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