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March 26, 2009
05:55 EDTFDO, FDOFamily Dollar benefits from budget-conscious spending, BusinessWeek reports
Family Dollar Stores' (FDO) strategy of providing consumers with compelling values while managing to keep costs and prices stable have allowed it to maintain its streak of constant earnings in spite of the weak economy, says Ryan Crane, CIO at Stephens Investment Management Group. Many Americans have embraced budget-conscious spending, bolstering Family Dollar's sales and earnings. "This kind of thrifty shopping won't end anytime soon", Crane adds. Trading at $32.06 a share, Crane figures Family Dollar could easily double in 12 to 18 months. Reference Link
News For 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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