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Stock Market & Financial Investment News

News For FDO From The Last 14 Days
Check below for free stories on FDO the last two weeks.
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September 2, 2014
06:04 EDTFDODollar General to raise offer for Family Dollar to $80/share, CNBC reports
Dollar General (DG) is going to raise its all-cash bid for Family Dollar (FDO) to $80 per share or around $9.1B, CNBC's Andrew Ross Sorkin reports, citing sources. Dollar General is willing to sell up to 1,500 stores if required by the FTC under the new offer, Sorkin adds. Family Dollar has continued to recommend a merger with Dollar Tree (DLTR). Reference Link
06:01 EDTFDODollar General raises offer for Family Dollar to $80/share, CNBC reports
August 29, 2014
10:34 EDTFDOBig Lots slumps as retailer predicts Q3 EPS loss
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August 28, 2014
10:35 EDTFDODollar General CEO says doesn't 'want to give up' on Family Dollar deal
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10:24 EDTFDODollar General sees sales improving, comps easing through year
Says competitive environment remained "elevated" in Q2. Says seeing sales momentum pick up in Q3. Says share repurchase currently on hold as it awaits the outcome of Family Dollar (FDO) deal. Sees sales improvement continuing throughout the year, sees quarterly comparisons continuing to ease. Says believes proposal for Family Dollar is "superior proposal" for FDO shareholders. Sees Family Dollar deal immediately accretive to earnings in the low double digits. Sees benefits in first year, but expects synergies would ramp up consistently across three years. CEO Dreiling says prepared to remain as CEO through May 2016. Sees "quickly" resolving any anti-trust issues. Comments made on the Q2 earnings conference call.
07:03 EDTFDODollar General says 'firmly committed' to Family Dollar acquisition
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August 24, 2014
21:53 EDTFDONational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
August 22, 2014
16:42 EDTFDOMarket finishes week higher on economic data, earnings
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07:30 EDTFDODollar General CEO comment to be noted by FTC, NY Post reports
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August 21, 2014
13:42 EDTFDODollar General reaffirms commitment to acquisition of Family Dollar
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12:06 EDTFDODollar Tree sell-off a buying opportunity, says Deutsche Bank
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09:26 EDTFDODollar Tree says 'committed' to transaction with Family Dollar
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09:05 EDTFDODollar Tree sees Family Dollar deal closing by early 2015
Says continuing to work on proposed transaction with Family Dollar (FDO). Sees deal closing by early 2015. Will not make any further comments at this time on Family Dollar/Dollar General (DG). Comments made on the Q2 earnings conference call.
08:04 EDTFDOFamily Dollar: Dollar General declined to schedule talks on antitrust issues
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08:03 EDTFDOFamily Dollar: Dollar General's letter contained 'blatant mischaracterizations'
08:02 EDTFDOFamily Dollar reaffirms recommendation in support of merger with Dollar Tree
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08:01 EDTFDOFamily Dollar board rejects Dollar General proposal based on antitrust issues
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08:00 EDTFDOFamily Dollar board rejects Dollar General proposal based on antitrust issues
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07:55 EDTFDOFamily Dollar to reject Dollar General takeover bid, CNBC reports
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05:35 EDTFDODollar General sends letter to Family Dollar board
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