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Stock Market & Financial Investment News

News Breaks
June 27, 2014
09:00 EDTDGDollar General CEO Rick Dreiling announces retirement plans
Dollar General Corporation announced that its chairman and CEO, Rick Dreiling, has informed the Board of Directors of his intent to retire as CEO effective May 30, 2015 or upon the appointment of a successor. Dreiling has agreed to serve, at the discretion of the Board, as chairman during a transition period following the appointment of a new CEO. Dreiling has served as CEO since January 2008 and was named chairman of the Board in December 2008. Dreiling’s retirement date and any agreement regarding continued service on the Board of Directors are expected to be finalized as part of a retirement agreement between Dreiling and the Company. The Board of Directors is conducting an internal and external search for a CEO.
News For DG From The Last 14 Days
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May 26, 2015
09:58 EDTDGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: L Brands (LB) upgraded to Conviction Buy from Buy at Goldman... Dollar General (DG) upgraded to Conviction Buy from Buy at Goldman... Accenture (ACN) upgraded to Outperform from Market Perform at Cowen... Expedia (EXPE) upgraded to Outperform from Market Perform at JMP Securities... The Fresh Market (TFM) upgraded to Neutral from Underperform at Longbow... Marvell (MRVL) upgraded to Overweight from Equal Weight at Morgan Stanley... Health Care REIT (HCN) upgraded to Buy from Neutral at Mizuho... Gold Fields (GFI) upgraded to Buy from Hold at HSBC... eBay (EBAY) upgraded to Buy from Hold at Axiom... CNOOC (CEO) upgraded to Neutral from Underweight at JPMorgan... Quintiles (Q) upgraded to Buy from Neutral at SunTrust... DCT Industrial (DCT) upgraded to Neutral from Underperform at Credit Suisse... Pebblebrook Hotel (PEB) upgraded to Outperform from Neutral at Credit Suisse... Fortinet (FTNT) upgraded to Buy from Hold at Needham... BB&T (BBT) upgraded to Buy from Neutral at Guggenheim... Hercules Technology (HTGC) upgraded to Outperform from Neutral at Macquarie... InterXion (INXN) upgraded to Buy from Hold at Stifel.
06:19 EDTDGDollar General upgraded to Conviction Buy from Buy at Goldman
Goldman added Dollar General to the Conviction Buy List and increased its price target to $87 from $85. The firm sees a positive inflection in fundamentals given favorable low-income consumer tailwinds and a reduced margin drag from tobacco, sustainable competitive advantages driving long-term growth, and attractive valuation.
May 15, 2015
17:33 EDTDGPoint72 Asset Management gives quarterly update on stakes
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