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Dollar Tree Inc

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  • July 2- Dollar Tree Inc was given the go-ahead to buy Family Dollar Stores Inc by the U.S. Federal Trade Commission on condition that they sell 330 Family Dollar stores, putting to rest a year-long merger saga. The stores spread across 35 states, which Dollar Tree has offered to sell to private equity firm Sycamore Partners, has to be sold within 150 days after the...

  • WASHINGTON, July 2- The U.S. Federal Trade Commission said on Thursday discount retailers Dollar Tree Inc and Family Dollar Stores Inc have agreed to sell 330 Family Dollar stores to settle the regulator's charges that Dollar Tree's proposed $9.2 billion acquisition of Family Dollar would likely be anticompetitive.

  • Family Dollar misses 3Q profit forecasts Wednesday, 1 Jul 2015 | 4:57 PM ET

    CHARLOTTE, N.C.— Family Dollar Stores Inc. on Wednesday reported fiscal third-quarter profit of $79.9 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. A year ago Family Dollar Stores earned $81.1 million, or 71 cents per share, on sales of $2.66 billion.

  • SAN FRANCISCO, June 23- Google Inc joined Amazon.com Inc and eBay Inc on Tuesday in pulling Confederate flag merchandise from their shopping site, following brick and mortar retailers in reacting to last week's racially motivated mass shooting at a historic black South Carolina church. Wal-Mart Stores Inc and Sears Holdings Corp on Monday banned sales of...

  • SAN FRANCISCO, June 23- Amazon.com Inc and eBay Inc on Tuesday announced they were pulling Confederate flag merchandise from their websites, following other retailers reacting to last week's racially motivated mass shooting at a historic black South Carolina church. Wal-Mart Stores Inc and Sears Holdings Corp on Monday banned sales of products bearing the...

  • June 2- Discount retailer Dollar General Corp reported a better-than-expected quarterly profit, helped by higher prices and lower transportation costs. Dollar General's shares rose about 4 percent in light premarket trading. Dollar General's net income rose to $253.2 million, or 84 cents per share, in the quarter ended May 1 from $222.4 million, or 72 cents per...

  • May 29- Discount retailer Dollar Tree Inc agreed to sell 330 Family Dollar Stores Inc stores to private equity firm Sycamore Partners to get antitrust approval for its $8.5 billion takeover of Family Dollar. Dollar Tree said the stores represent about $45.5 million of operating income for Family Dollar, adding that Sycamore intends to operate the stores...

  • McDonald's, other stocks hedge funds are buying Thursday, 28 May 2015 | 3:06 PM ET

    One research firm believes it found a way to capture winning plays from the filings of hundreds of hedge funds.

  • 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...

  • Newest metric for retailers: Social media followers Thursday, 28 May 2015 | 8:00 AM ET
    A shopper looks at Michael Kors handbags at Macy's flagship store in New York.

    The trumpeting of social media triumphs appears to be a growing trend among retail companies.

  • Cramer Remix: Why you need to avoid Chinese stocks Thursday, 21 May 2015 | 7:24 PM ET
    Jim Cramer on Mad Money.

    Is your portfolio exposed to issues overseas? “Mad Money” host Jim Cramer has answers.

  • Cramer: Stupid decisions ruining your portfolio Thursday, 21 May 2015 | 6:13 PM ET
    Tim Robbins in a scene from 'The Shawshank Redemption.'

    Jim Cramer warns investors about falling into a trap based on snap decisions that could burn cash.

  • Bill Gates backs high-tech foods for the masses Thursday, 14 May 2015 | 10:00 AM ET
    food laboratory

    Food-tech companies are creating meat and dairy substitutes to meet global food demand. Will consumers have an appetite for these products?

  • NEW YORK, April 29- A major funds company is putting directors on notice: if you adopt poison pill anti-takeover measures without shareholder approval, you will be blacklisted. Since October, Dimensional Fund Advisors, the eighth largest U.S. mutual fund firm with $398 billion in assets, has been sending warning letters to companies whose stock it owns and who...

  • Activists rattle these 19 big companies' cages Tuesday, 28 Apr 2015 | 8:38 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Shares of these stocks have indeed edged out the S&P 500 over the past 12 months. USA Today reports.

  • 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.

  • Family Dollar's quarterly sales rise 3 pct Wednesday, 8 Apr 2015 | 8:16 AM ET

    April 8- Family Dollar Stores Inc, the No. 2 U.S. dollar store chain, reported a 3 percent rise in sales in what is likely to be its last quarterly report as a public company. Family Dollar has agreed to be bought by smaller rival Dollar Tree Inc for about $8.5 billion in cash and stock. The company's net income fell to $76.7 million, or 67 cents per share, in the second...

  • Early movers: RDSA, TSLA, MRK, RAD & more Wednesday, 8 Apr 2015 | 8:02 AM ET
    Trader on the floor of the New York Stock Exchange.

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

  • 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...