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Stock Market & Financial Investment News

News Breaks
July 28, 2014
13:23 EDTDLTR, WMT, FDO, DGIcahn 'pleased' with Family Dollar deal, 'hopeful' alternate deal may surface
Carl Icahn released the following statement regarding Family Dollar Stores (FDO): "While we continue to believe there are a handful of potential buyers who could realize greater synergies through a combination with Family Dollar and are hopeful that one or more of them will surface as a result of today’s announcement, we are extremely pleased with Dollar Tree’s (DLTR) intention to acquire Family Dollar in a transaction that values the company at $74.50 per share. This is a big win for all shareholders of Family Dollar and yet another validation of the activist investment philosophy in general." Another company in the space, Dollar General (DG), has previously been speculated as an alternative partner for Family Dollar and Wal-Mart (WMT) is seen as a competitor to dollar store operators.
News For FDO;DLTR;DG;WMT From The Last 14 Days
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July 6, 2015
14:17 EDTWMTAmazon hopes to create new shopping holiday with 'Prime Day'
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12:43 EDTDLTR, FDODollar Tree completes acquisition of Family Dollar
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06:25 EDTWMTWal-Mart to begin online grocery pickup service in Ottawa, Global and Mail says
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July 2, 2015
16:53 EDTDLTR, FDODollar Tree says receives FTC clearance to complete Family Dollar merger
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08:08 EDTWMTMcCormick should be bought on weakness, says Bernstein
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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
07:29 EDTWMTNon-profit group: Wal-Mart made deceptive ‘Made in the USA’ claims
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07:28 EDTDLTR, FDODollar 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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June 24, 2015
06:22 EDTWMTWal-Mart to charge fees to ‘almost all’ vendors, Reuters reports
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June 23, 2015
18:04 EDTWMTWal-Mart poaches technology talent from eBay, WSJ says
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16:29 EDTWMTOn The Fly: Top stock stories for Tuesday
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13:37 EDTWMTOn The Fly: Top stock stories at midday
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07:05 EDTWMTGreen Dot price target raised to $24 from $22 at Piper Jaffray
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06:31 EDTWMTGreen Dot contract terms better than feared, says JPMorgan
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June 22, 2015
19:00 EDTWMTOn The Fly: After Hours Movers
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16:33 EDTWMTGreen Dot rallies sharply on Walmart deal
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16:28 EDTWMTGreen Dot up 27% after announcing deal with Wal-Mart
16:02 EDTWMTGreen Dot to remain program manager for Walmart
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