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Dollar General Corp

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  • NASHVILLE, Tenn.— Discount retailer Dollar General has named a new chief executive officer. He was promoted to chief operations officer in 2013. Before joining Dollar General, Vasos served in executive positions with Longs Drug Stores Corp.. Dollar General plans to open 730 stores this year as it expands its footprint into Maine, Oregon and Rhode Island.

  • Dreiling, who joined Dollar General as CEO in January 2008, has been credited with making the company the top U.S. deep-discount retailer. Dollar General later made a bid for Family Dollar, which had already agreed to be bought by smaller rival Dollar Tree Inc, sparking off a months-long tussle for the No.2 U.S. discount retailer. Family Dollar's shareholders...

  • Dollar Tree to sell 330 Family Dollar stores Thursday, 21 May 2015 | 9:17 AM ET

    NEW YORK— Dollar Tree expects to reach a deal in the coming days to sell about 330 Family Dollar stores in order to receive approval of its $8.5 billion acquisition of Family Dollar. The 330 Family Dollar stores represent about $45.5 million in operating income, Dollar Tree said. Dollar Tree, which is headquartered in Chesapeake, Virginia, currently operates...

  • Hedge fund machines cash in—again Thursday, 9 Apr 2015 | 12:46 PM ET
    Systematica Investments' CEO Leda Braga in their offices, Geneva, Switzerland last February.

    Hedge funds that catch macroeconomic trends using algorithms made a killing in the first quarter, besting other investing styles.

  • Family Dollar's shareholders approved an $8.5 billion cash-and-stock offer from Dollar Tree Inc in January, scuppering a higher hostile offer from larger rival Dollar General Corp.. Antitrust regulators are still reviewing the deal, but the U.S. Federal Trade Commission has identified about 340 stores for Dollar Tree to divest so it can gain approval for...

  • Dollar Tree: FTC wants 340 stores sold ahead of deal Wednesday, 8 Apr 2015 | 8:48 AM ET
    A Dollar Tree store in Miami, Florida.

    Dollar Tree said the Federal Trade Commission wants about 340 stores to be divested for the $8.5 billion takeover of Family Dollar to go through.

  • April 7- Dollar Tree Inc said the U.S. Federal Trade Commission has identified about 340 stores to be divested for the $8.5 billion takeover of Family Dollar Stores Inc to go through. Dollar Tree said it expects all or almost all of the stores to be that of Family Dollar, which operates more than 8,000 stores as of August 30. Family Dollar shareholders approved...

  • April 7- Dollar Tree Inc said the U.S. Federal Trade Commission has identified about 340 stores to be divested for the $8.5 billion takeover of Family Dollar Stores Inc to go through. Dollar Tree said it expects all or almost all of the stores to be that of Family Dollar. Family Dollar shareholders in January approved Dollar Tree's $8.5 billion cash-and-stock...

  • The Dovish Daily: Trading Bernanke's new blog Monday, 30 Mar 2015 | 2:22 PM ET
    Former Fed Chairman Ben Bernanke, March 2, 2015 in Washington.

    Ben Bernanke's first-ever blog post could be titled "The Dovish Daily." Here's how to trade his first installment.

  • CFOs in dollar ‘panic mode.' How to trade it Tuesday, 24 Mar 2015 | 7:42 AM ET
    Euro Dollar rates currency

    Company CFOs are in "panic mode," according to the head of a firm that helps companies manage currency risk. Here's how to trade it.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks traded higher as mixed economic data indicated to some investors that the Fed will not raise interest rates as early as anticipated.

  • 10 retailers bucking the trend and opening stores Thursday, 12 Mar 2015 | 11:40 AM ET
    A Dick's Sporting Goods store in West Nyack, New York

    On the heels of massive store closings, here are the companies that announced the greatest number of new locations in 2014.

  • March 12- Dollar General Stores Inc said on Thursday it plans to accelerate new store rollouts in a bid to bolster its position among U.S. discount retailers after failing to upend a merger agreement between rivals Family Dollar and Dollar Tree. Dollar General also authorized a $1 billion share repurchase plan, and said Chief Financial Officer David Tehle will...

  • Wall Street eyes retail sales, earnings Thursday, 12 Mar 2015 | 8:30 AM ET

    U.S. stock index futures indicated a slightly higher open on Thursday, as investors mulled the impact of the strong U.S. dollar and economic data.

  • Dollar General forecasts profit below estimates Thursday, 12 Mar 2015 | 8:13 AM ET
    A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General forecast full-year earnings below analysts' expectations, as the company plans to open more stores.

  • Early movers: SHAK, BOX, DG, HPQ, UTX, LL & more Thursday, 12 Mar 2015 | 8:04 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • March 12- Dollar General Stores Inc forecast full-year earnings below analysts' expectations, as the company plans to open more stores ahead of a merger of its rivals Family Dollar Stores Inc and Dollar Tree Inc. Dollar General forecast earnings of about $3.85- $3.95 per share for the year ending January 2016, below the average analyst expectation of $3.99.

  • Dollar fever could dominate trading Thursday Thursday, 12 Mar 2015 | 7:23 AM ET
    Traders work on the floor of the New York Stock Exchange.

    The greenback could be in focus, as traders watch February's retail sales and weekly jobless claims.

  • Dollar General sales rise 10 pct Thursday, 12 Mar 2015 | 7:11 AM ET

    March 12- Dollar General Stores Inc reported a 9.9 percent rise in quarterly sales, helped by higher sales of tobacco products and food items such as candy and snacks. Net income rose to $355.4 million, or $1.17 per share in the fourth quarter ended Jan. 30, from $322.2 million, or $1.01 per share, a year earlier. Dollar General also authorized a $1 billion share...

  • Dollar fever could continue to dominate trading Thursday, 12 Mar 2015 | 6:04 AM ET
    Traders work on the floor of the New York Stock Exchange.

    The greenback could be in focus, as traders watch February's retail sales and weekly jobless claims.