New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For WMT;TGT;COST;DG;FDO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | all recent news | >>
October 21, 2014
06:22 EDTTGTStaples may be latest retailer to be hacked, Krebs reports
Subscribe for More Information
October 20, 2014
14:01 EDTCOSTCostco upgraded to Outperform from Peer Perform at Wolfe Research
Subscribe for More Information
08:31 EDTFDOFamily Dollar sets Oct. 30 as record date for special meeting of stockholders
Family Dollar Stores (FDO) announced that October 30, 2014 has been established as the record date for determining stockholders entitled to receive notice of, and to vote at, the Special Meeting of Stockholders, at which stockholders will be asked to adopt the previously announced merger agreement, as amended, with Dollar Tree (DLTR).
07:42 EDTWMTWal-Mart de Mexico reports Q3 net income 4.87B pesos vs. 5.12B pesos last year
Subscribe for More Information
October 17, 2014
17:36 EDTFDOFamily Dollar says will review Elliot notice on directors in due course
Subscribe for More Information
16:55 EDTWMTStocks end volatile week lower amid oil price plunge
Subscribe for More Information
16:09 EDTFDO, DGElliott Advisors expresses concerns over Family Dollar merger, nominates slate
Subscribe for More Information
10:23 EDTWMTWal-Mart volatile in mixed trading as it nears 52-week lows
The shares have been trading in a dollar range, but with multiple sweeps higher and lower this morning as price nears the 52-week low at $72.27. At the current price of $73.74, next support is at $73.03, the session low. Resistance is at $74.18, the high of the day.
10:00 EDTDGOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:11 EDTDGDollar General initiated with a Buy at Stifel
Subscribe for More Information
October 16, 2014
09:39 EDTWMTActive equity options trading on open
Subscribe for More Information
09:23 EDTWMTOn The Fly: Pre-market Movers
Subscribe for More Information
07:40 EDTWMTWal-Mart well positioned to execute turn-around, says UBS
Subscribe for More Information
07:04 EDTDGDollar General to build new distribution center in San Antonio, TX
Subscribe for More Information
06:34 EDTWMTWal-Mart head promises to upgrade minimum wage roles, Reuters says
Subscribe for More Information
October 15, 2014
16:37 EDTWMTOn The Fly: Closing Wrap
The market opened sharply lower amid sliding oil prices, worse than expected economic data, and the potential for a major M&A deal to fall apart due to tax inversion rule changes. The Dow fell more than 350 points within the first 30 minutes of trading, but then bounced back to move above its opening level. The volatility did not end there, however, as the market swung several more times during the session. The S&P 500's drop wiped out its gains for the year at one point, but a late day rally significantly cut the losses for the major averages. ECONOMIC EVENTS: In the U.S., retail sales, which were expected to be down 0.1% in September, actually fell 0.3% in the month and slipped 0.2% excluding autos. The Producer Price Index for final demand decreased a seasonally adjusted 0.1% in September from the prior month, marking the first decline in the measure in over a year. The core PPI reading, which excludes food and energy, was unchanged, versus expectations for a 0.1% rise. New York's Empire State manufacturing index fell 21.4 points to 6.2 in October, severely missing the expectation for a narrower pullback to a reading of 20. Business inventories rose 0.2% in August, versus expectations for an increase of 0.4%. In China, the consumer price index climbed 1.6% in September from a year earlier, which was below the consensus projection for 1.7% inflation and down from 2% inflation in August. China's PPI plunged 1.8% year-over-year in September, which was more than the 1.6% slide expected and an acceleration of the 1.2% year-on-year decline in August. COMPANY NEWS: Shares of Shire (SHPG) plunged $74.08, or 30.29%, to $170.49 after AbbVie's (ABBV) board last night stated that it was reconsidering its recommendation that the company's shareholders back a takeover of Irish drugmaker in light of the potential impact of tax rule changes on the deal. During the day, Bloomberg reported that people familiar with the matter say AbbVie is close to abandoning its $51B takeover bid, while Shire announced that it has agreed to waive the requirement for three business days' notice for AbbVie's board to meet to consider its offer. In contrast, AbbVie ended the session up 50c, or 0.92%, at $54.63... Wal-Mart (WMT) held its annual meeting, during which it lowered its fiscal year 2015 net sales growth forecast to 2%-3%, citing a tougher sales environment than it anticipated a year ago. The company indicated in February that it expected net sales growth to be at the low end of its guidance provided last October of 3%-5%. The world's largest retailer also cut its planned retail square foot growth expectations, due to a moderation of large format store growth and accelerated e-commerce investments. Following the outlook revisions, Wal-Mart closed down $2.78, or 3.57%, to $75.20. MAJOR MOVERS: Among the notable gainers was Penford Corporation (PENX), which jumped $7.60, or 69.15%, to $18.59 after the company agreed to be acquired by Ingredion (INGR) for $340M, or $19.00 in cash per share. Also higher was Southwestern Energy (SWN), which rose $2.59, or 7.82%, to $35.69 after it was among a number of oil and gas exploration and production names upgraded by analysts at Bank of America Merrill Lynch. Among the noteworthy losers was Nu Skin (NUS), which dropped $4.47, or 9.13%, to $44.50 after the company disclosed new debt arrangements that come with certain restrictions, including restrictions on the payment of dividends. Also lower were shares of Covidien (COV), which fell $6.50, or 7.04%, to $85.86 in the wake of the news for Shire and AbbVie, which investors may have read as jeopardizing Covidien's deal to be bought by Medtronic (MDT). Note that on October 3 Medtronic announced that it intends to use approximately $16B in external financing to complete the acquisition of Covidien and said the strategic benefits of the transaction "remain compelling" despite the additional expense of the new financing. INDEXES: The Dow dropped 173.45, or 1.06%, to 16,141.74, the Nasdaq slipped 11.85, or 0.28%, to 4,215.32, and the S&P 500 fell 15.21, or 0.81%, to 1,862.49.
15:29 EDTWMTWal-Mart to add 26M-30M net retail square feet worldwide in FY16
Subscribe for More Information
15:28 EDTWMTWal-Mart sees FY16 e-commerce, digital spending of $1.2B-$1.5B
Subscribe for More Information
15:26 EDTWMTWal-Mart sees FY15 capital investments between $12.5B-$13.0B
Subscribe for More Information
15:22 EDTWMTWal-Mart sees FY16 net sales growth of 2%-4%
Subscribe for More Information
15:19 EDTWMTWal-Mart lowers FY15 net sales growth forecast to 2%-3%
Subscribe for More Information
15:16 EDTWMTWal-Mart drops 4% after giving guidance at analyst day meeting
11:27 EDTFDOOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INO ATLS LOCO OPK INFY EUO FDO
11:14 EDTWMTWal-Mart Sam's Club CEO: Our business pressure remains mixed
Subscribe for More Information
10:14 EDTWMTWal-Mart says 'Savings Catcher' has 5M users, to open more registers than ever
Subscribe for More Information
09:39 EDTWMTWal-Mart US CEO: Our first half was challenging and we need to improve traffic
Subscribe for More Information
09:37 EDTWMTWal-Mart expects to open 190 stores between now and end of the year
Wal-Mart US President Greg Foran believes Q4 actions will offset a portion of significant headwinds like wages and healthcare costs. Says the company will be "thoughtful" on wages.
09:16 EDTWMTWal-Mart CEO outlines growth strategy at annual meeting
President and CEO Doug McMillon said "Customers make their shopping decisions based on four key dimensions – price assortment, experience and access. What we can offer them, and how we compete across those dimensions, is changing... We have tens of millions of customers visiting us weekly online and through our mobile apps looking for information, product options and then buying merchandise from us in stores and online. We’re known for assortment and we will be in the future.” Discussing price and experience, McMillon went on to say, “At Walmart, we serve value-conscious customers that come from all walks of life and all income levels. Price matters to our customers and it always will. As a company, being a low cost operator is in our DNA. This will never change and we will be the price leader, across a broad assortment, everywhere we operate." McMillon continued, “To capture the upside of our strategic advantages, we need to develop a more seamless relationship with our customers. We won't just be a store on the street." McMillon outlined what the company is doing to win now, noting that improving the company’s short-term performance is a priority across all of Walmart’s segments and markets. “Our supercenters in the U.S. should be delivering positive comps consistently. Our combination of pricing, in stock, service levels and merchant skills will generate improved performance in our supercenters. Our Neighborhood Markets continue to be a bright spot in terms of comp sales.” McMillon highlighted three key points that will drive the business going forward: “First, we're going to position ourselves to do a better job serving customers. We can create a next generation customer proposition through the combination of what we do with price, assortment, access and experience. We will save them money and time. Second, our priority is growth. Driving demand is the only sustainable way to deliver returns over time. Finally, we’ll manage capital in a disciplined, thoughtful manner.”
09:14 EDTWMTWal-Mart CEO: We've recognized situation has changed, will respond accordingly
The company expects to continue investing in supply chain to support e-commerce with real momentum there. CEO Doug McMillon says "We will win in the new era of retail." and adds that "driving demand is the only sustainable way to deliver results." Notes once again that the company will manage capital in disciplined, thoughtful manner.
09:09 EDTWMTWal-Mart expects to change capital allocation plans, short term pressure
CEO Doug McMillon said the company will invest less in stores and more in e-commerce. He adds that the company is in a "period of transformation." He said the company took leverage a bit too far, and improving short term performance is a priority for the company's business segments. McMillon said the company has room to improve in stock and at checkout. He says the changes won't happen overnight. Notes that low fuel prices are in the company's favor although healthcare is a headwind. Says the successor of competitors shows it has no excuse to not improve.
09:05 EDTWMTWal-Mart CEO: Future looks bright with the necessary changes
Subscribe for More Information
06:49 EDTWMTWal-Mart partners with VUDU for digital movie access offering
Subscribe for More Information
October 14, 2014
05:58 EDTCOSTCostco debuts in China through Alibaba Tmall platform
Subscribe for More Information
October 13, 2014
12:01 EDTFDOOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INFY YUM FDO HSY
09:02 EDTWMTWal-Mart October volatility elevated into investment community meeting
Subscribe for More Information
07:15 EDTTGT, WMTNational Association of Corporate Directors to hold a conference
Subscribe for More Information
October 12, 2014
17:55 EDTWMTWal-Mart, DSW could benefit from holiday sales, Barron's says
Wal-Mart (WMT) and DSW (DSW) could benefit from the recent forecast of a 4% increase in holiday spending, Barron's contends in a follow up article. Reference Link
October 10, 2014
16:17 EDTFDO, DGDollar General receives second request from FTC
Subscribe for More Information
09:37 EDTWMTWal-Mart upgraded to Buy from Neutral at Gilford Securities
Subscribe for More Information
08:11 EDTFDO, DGFamily Dollar Q4 bad enough to justify merger, says FBR Capital
Subscribe for More Information
October 9, 2014
16:19 EDTFDOFamily Dollar will not provide guidance for FY15
Subscribe for More Information
16:17 EDTFDOFamily Dollar reports Q4 adjusted EPS 73c, consensus 77c
Reports Q4 revenue $2.61B, consensus $2.58B. Reports Q4 SSS up 0.3%. Q4 adjusted results exclude the negative impact on diluted net income per common share of 43c per share related to the Company’s restructuring charges and fees related to its pending merger with Dollar Tree.
09:41 EDTTGT, COST, DG, FDOBofA/Merrill retail analysts hold an analyst/industry conference call
Subscribe for More Information
08:01 EDTTGTTarget CEO hands-on with Canadian turnaround, Globe and Mail says
Brian Cornell, the new CEO of Target, told The Globe and Mail in an interview that he is taking a hands-on approach to repairing the company’s Canadian business and that he will travel north on a “regular” basis to oversee the turnaround. Reference Link
October 8, 2014
17:15 EDTCOSTCostco stock still a 'buy', Barron's says
Costco shares aren't cheap but are still a "buy," Barron's argues in its 'Barron's Take' column. Quarterly results should continue to drive shares higher, the paper adds. Reference Link
15:58 EDTCOSTCostco price target raised to $140 from $130 at RW Baird
Subscribe for More Information
15:25 EDTFDONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PepsiCo (PEP), consensus $1.29; Family Dollar (FDO), consensus 77c; Lindsay (LNN), consensus 57c.
12:25 EDTCOSTOn The Fly: Midday Wrap
Subscribe for More Information
11:23 EDTCOSTCostco sees FY15 CapEx $2.5B-$2.7B
Subscribe for More Information
11:14 EDTCOSTCostco expects to open 31 new warehouses and relocate 4 locations in FY15
Subscribe for More Information
11:10 EDTCOSTCostco reports September SSS up 4%, September revenue $10.57B
Subscribe for More Information
09:20 EDTCOSTOn The Fly: Pre-market Movers
Subscribe for More Information
05:21 EDTCOSTCostco reports Q4 EPS $1.58, consensus $1.52
Reports Q4 revenue $34.75B, consensus $35.47B. Reports Q4 SSS up 6%. Reports Q4 SSS, excluding negative impacts from gasoline price deflation and foreign exchange, up 7%.
October 7, 2014
15:16 EDTCOSTNotable companies reporting before tomorrow's open
Subscribe for More Information
14:36 EDTCOSTCostco October weekly 125 straddle priced for 2.3% move into Q4
14:08 EDTCOSTCostco technical notes before earnings
Subscribe for More Information
13:40 EDTWMTWal-Mart to host a meeting
21st Annual Meeting for the Investment Community is being held on October 15 at 8:45 am. Webcast Link
10:34 EDTWMTWal-Mart cutting health insurance coverage for most part-time workers, AP says
Subscribe for More Information
<< 1 | 2 | 3 | all recent news | >>

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