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Stock Market & Financial Investment News

News Breaks
June 27, 2014
13:05 EDTDG, FDODollar General, Family Dollar potential merger less likely, says Wells Fargo
Wells Fargo said it was already skeptical of a potential merger between Dollar General (DG) and Family Dollar (FDO) and the firm sees such a tie-up as even less likely following the retirement of Dollar General's CEO. Wells thinks the news could signal that the company will not be changing strategic course between now and the retirement and the firm keeps its Market Perform rating on Dollar General.
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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