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Stock Market & Financial Investment News

News Breaks
June 7, 2014
15:54 EDTFDOFamily Dollar says welcomes input toward the goal of 'enhancing value'
Family Dollar Stores noted that Icahn Capital LP has filed a Schedule 13D with the SEC reporting that it has acquired beneficial ownership of approximately 9.4% of Family Dollarís common stock. The company issued the following statement: "The Family Dollar Board of Directors and management team are open to dialogue with all shareholders and welcome input toward the shared goal of enhancing value. As previously announced, we are taking steps to strengthen our value proposition, increase operational efficiencies and improve financial performance. We are committed to driving value for all Family Dollar shareholders and will continue to take actions to achieve this important objective."
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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