New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 10, 2014
05:36 EDTGPS, FDO, LB, SHLDLow-end retailers struggle as customers remain pressured, WSJ reports
As the outlook for the U.S. economy has improved, the results show that the slightly rising tide isn't lifting all boats. Retailers catering to lower income consumers had a rough holiday. Those shoppers remain under pressure from tepid job growth, stagnant wages, higher payroll taxes and the loss of government assistance programs like food stamps, reports the Wall Street Journal.Reference Link
News For FDO;SHLD;LB;GPS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 30, 2015
09:07 EDTFDOFamily Dollar reinstated with a Neutral at Goldman
Subscribe for More Information
January 29, 2015
13:23 EDTGPSGap says eliminating Creative Director role
Subscribe for More Information
10:05 EDTLBOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:29 EDTLBL Brands initiated with a Neutral at Wedbush
Subscribe for More Information
January 28, 2015
11:03 EDTSHLDSears reduces headcount at corporate locations, Chicago Tribune says
Subscribe for More Information
January 27, 2015
06:06 EDTSHLDSears Holdings volatility increases, shares in tight two-month price range
Subscribe for More Information
06:04 EDTFDOTrian sold 6M shares yesterday of Family Dollar
Nelson Peltz's Trian Fund Management disclosed that on January 26, it sold an aggregate of 6M Family Dollar shares. Following such sales, Trian continues to beneficially own an aggregate of 2.36M shares, representing approximately 2.07% of the company.
January 26, 2015
10:38 EDTFDOFamily Dollar reports January preliminary SSS up 1.2%
Subscribe for More Information
January 23, 2015
15:37 EDTGPSGap to close Piperlime brand
Gap announced the decision to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015. The company is committed to executing against its long-term strategy of driving profitable top line sales, and going into the new fiscal year, the company will focus on its portfolio of five brands – Gap, Old Navy, Banana Republic, Athleta and Intermix, as well as digital and global growth. While Gap Inc. does not break out Piperlime’s sales independently, the brand is by far the smallest of the company’s portfolio with yearly revenue below $100M, representing less than 1% of Gap Inc.’s total revenue base of over $16B, the company said. The wind-down costs associated with the decision are not material to the company’s financials, Gap added.
January 22, 2015
17:31 EDTFDOTrian Fund Management voting restrictions with Family Dollar have terminated
Subscribe for More Information
09:37 EDTFDODollar Tree says Family Dollar merger could close as soon as March
Dollar Tree (DLTR) commented on the outcome of the shareholder vote of Family Dollar Stores (FDO) to approve the pending merger with Dollar Tree. It said, "Today’s vote of approval by Family Dollar shareholders represents a crucial step toward combining Dollar Tree, North America’s leading fixed-price point discount retailer, with Family Dollar, a leading multi-price point retailer with a 50+ year history of serving low and middle income customers By adding Family Dollar to our portfolio of brands, Dollar Tree will soon operate more than 13,000 stores in 48 states and five Canadian provinces with annual sales exceeding $18 billion. This merger enhances our geographic footprint and diversifies our business model. We intend to operate and grow both banners." Dollar Tree added that "several steps" need to take place to facilitate the successful completion of the acquisition. By the end of January, Dollar Tree expects to reach a preliminary agreement with the FTC staff on the list of substantially all of the stores to be divested. Dollar Tree then plans to finalize divestiture agreements with the selected buyers, to address any concerns of the investigating state attorneys general, and to execute a consent order with the FTC’s Bureau of Competition. Dollar Tree and Family Dollar have agreed to provide the FTC with four weeks’ notice prior to closing. Dollar Tree expects to initiate this four-week notice period after Dollar Tree executes a consent decree with the FTC’s Bureau of Competition, which should enable the closing of the merger as soon as March 2015.
09:25 EDTFDOFamily Dollar shareholders approve Dollar Tree merger
Subscribe for More Information
09:24 EDTFDOFamily Dollar shareholders approve Dollar Tree merger
Subscribe for More Information
09:23 EDTFDODollar General says Rick Dreiling to continue as chairman and CEO
Subscribe for More Information
09:21 EDTFDOFamily Dollar holders approve Dollar Tree deal, Bloomberg reports
Family Dollar (FDO) shareholders approved today the buyout offer from Dollar Tree (DLTR), Bloomberg reports.
06:05 EDTFDOFamily Dollar investors expected to approve Dollar Tree deal, NY Post reports
Family Dollar (FDO) investors are poised to approve Dollar Tree's (DLTR) $8.5B cash and stock takeover offer at a meeting today, The New York Post reports. Reference Link
January 21, 2015
12:12 EDTSHLD, GPSBest Buy, home retailers seen getting biggest bump from Sears demise
Subscribe for More Information
January 20, 2015
12:01 EDTSHLDOverstock.com to appeal patent infringement case
Subscribe for More Information

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