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Stock Market & Financial Investment News

News Breaks
March 5, 2014
10:30 EDTPETMPetSmart says not satisfied with comparable sales trends
PetSmart says driving comparable sales growth will require it to further differentiate itself from competitors. Company says it plans to better leverage customer data to drive engagement and sales. PetSmart says accelerating omnichannel strategies and use of mobile devices by company associates in stores. Says "order online, pickup in store" will be rolled out to all stores this year. Comments made by company management on q4 earnings conference call.
News For PETM From The Last 14 Days
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October 29, 2014
12:59 EDTPETMPrivate equity firms preparing initial bids for PetSmart auction, WSJ says
Private equity firms including Apollo Global Management (APO), Hellman & Friedman and KKR (KKR) are said to be preparing initial bids for pet-supply retailer PetSmart (PETM), says the Wall Street Journal. PetSmart which is based in Phoenix and has around 1,350 stores has a market capitalization of around $7B, added the Wall Street Journal. Shares of PetSmart are up almost 3% or $1.98, to $72.06 in midday trading. Reference Link
12:15 EDTPETMPrivate equity firms ready initial bids for PetSmart, Dow Jones says
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October 23, 2014
06:16 EDTPETMPetSmart attracts interest from KKR, NY Post reports
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