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Dollar Tree Inc

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  • Feb 25- Dollar Tree Inc posted better-than-expected quarterly sales on Wednesday and said it expected to reach an agreement with the U.S. antitrust regulator by early March on store divestitures to get approval for its acquisition of larger rival Family Dollar Stores Inc.. Dollar Tree said it remained confident it would not have to divest more than 300 stores...

  • Feb 25- Dollar Tree Inc's quarterly sales rose about 11 percent, helped by higher demand for party supplies, household products and food during the holiday season. Shares of Dollar Tree, which sells items for $1 or less at its namesake chain, rose 1.2 percent to $78.40 in light premarket trading. Dollar Tree, which will replace Dollar General Corp as the No.1 U.S....

  • Family Dollar estimates 4 pct rise in Dec-Jan sales Wednesday, 25 Feb 2015 | 8:01 AM ET

    Feb 25- Family Dollar Stores Inc estimated a 4.1 percent rise in net sales in the two months ended Jan. 31, weeks after the company's shareholders approved its acquisition by smaller rival Dollar Tree Inc.. Family Dollar said on Wednesday net sales rose to $1.94 billion from $1.86 billion, a year earlier. Family Dollar's first quarter will end on Feb. 28.

  • Early movers: LOW, DHR, HTZ, CHK, HPQ & more Wednesday, 25 Feb 2015 | 7:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • Dollar Tree's quarterly sales rise about 11 pct Wednesday, 25 Feb 2015 | 7:43 AM ET

    Feb 25- Dollar Tree Inc's quarterly sales rose about 11 percent, helped by higher demand for party supplies, household products and food during the holiday season. Dollar Tree said this month that the U.S. antitrust regulator was reviewing more than 500 stores for divestiture. The company's net income fell to $206.6 million, or $1.00 per share, in the fourth...

  • Dollar Tree rises after reporting solid result in 4Q Wednesday, 25 Feb 2015 | 7:39 AM ET

    CHESAPEAKE, Va.— Shares of Dollar Tree Inc. traded higher Wednesday after the retailer posted solid fourth-quarter results. Dollar Tree said antitrust regulators have not cleared its pending purchase of competitor Family Dollar, but the company said it still expects to sell off no more than 300 stores. Dollar Tree said its net income totaled $206.6 million, or...

  • Wall Street on edge after Yellen, housing in focus Wednesday, 25 Feb 2015 | 6:11 AM ET
    Construction crews work on new town homes in Erie, Colorado, January 15, 2015.

    U.S. stock index futures signaled a flat open on Wednesday after comments from Fed Chair Yellen's speech to Congress.

  • Asian stocks higher on earnings, China factory Wednesday, 25 Feb 2015 | 5:23 AM ET

    Energy stocks rebounded as oil prices broke a five-day slide and climbed back above $50 a barrel. Wall Street also kept an eye on Federal Reserve Chief Janet Yellen's second appearance before Congress in two days. "The market is just trying to figure out whether the next move is up or down," said David Lebovitz, global market strategist at J.P.

  • After Yellen, investor eyes shift to housing Tuesday, 24 Feb 2015 | 6:15 PM ET
    Janet Yellen

    Housing data will take investor focus as repeated presentation of Yellen's remarks and subdued geopolitical news keep the economy in the spotlight.

  • Wal-Mart Wage Raise Thursday, 19 Feb 2015 | 3:22 PM ET
    Employees assist shoppers at the check out counter of a Walmart store in Los Angeles.

    Wal-Mart raises minimum wage for workers

  • Feb 10- Deep-discount retailer Ollie's Bargain Outlet, known for the signature catch phrase "good stuff cheap," is preparing for an initial public offering, according to people familiar with the matter. The Harrisburg, Pennsylvania- based company, which is owned by Chief Executive Officer Mark Butler and private equity firm CCMP Capital Advisors LLC, is working...

  • NEW YORK, Feb 5- Anielle Troyan, a call center worker in New York, shops at discount retailers such as Family Dollar for items like soap and detergent as well as groceries like Kraft macaroni and cheese and small-sized condiments. Customers like Troyan are one reason why Kraft Foods Group Inc reversed course after considering stopping the sale of single-serve...

  • Feb 3- Discount store chain Dollar Tree Inc said it may have to divest more than the 300 stores it had expected, to buy Family Dollar Stores Inc, as U.S. antitrust regulators were reviewing more than 500 of its stores. The U.S. Federal Trade Commission may identify more stores for review in the future and the number of stores Dollar Tree may have to shed could increase,...

  • UPDATE 1-Nelson Peltz slashes stake in Family Dollar Tuesday, 27 Jan 2015 | 7:11 AM ET

    Jan 27- Investor Nelson Peltz's Trian Fund Management LP slashed its stake in Family Dollar Stores Inc by more than two-thirds to 2.07 percent, days after the company's shareholders agreed to Dollar Tree Inc's $8.5 billion buyout offer. Garden also served on a committee of four directors that oversaw Family Dollar's review of strategic alternatives...

  • Nelson Peltz cuts stake in Family Dollar Tuesday, 27 Jan 2015 | 6:25 AM ET

    Jan 27- Activist investor Nelson Peltz's Trian Fund Management LP cut its stake in Family Dollar Stores Inc to 2.07 percent from 7.3 percent. Trian Management sold about 6 million shares of the discount retailer, the hedge fund said in a regulatory filing on Tuesday. Family Dollar's shareholders approved an $8.5 billion deal last week to be bought by Dollar Tree...

  • Jan 22- Dollar General Corp could make smaller acquisitions and build its store footprint to better compete with Dollar Tree Inc, which is poised to become the largest discount retailer after its acquisition of Family Dollar Stores Inc.. On Thursday, Family Dollar shareholders approved a cash-and-stock deal to be bought by Dollar Tree for $8.5 billion,...

  • Midday movers :Lands' End, Southwest Airlines & more Thursday, 22 Jan 2015 | 1:06 PM ET

    Some of Thursday's midday movers:

  • Family Dollar shareholders approve Dollar Tree deal Thursday, 22 Jan 2015 | 10:45 AM ET

    Family Dollar approved the discount retailer's deal to be bought by Dollar Tree, derailing a higher hostile offer from larger rival Dollar General.

  • Jan 22- Family Dollar Stores Inc's shareholders approved the discount retailer's deal to be bought by Dollar Tree Inc, derailing a higher hostile offer from larger rival Dollar General Corp.. Reuters, citing people familiar with the matter, reported on Wednesday that Family Dollar's shareholders would likely support the Dollar Tree merger.

  • Family Dollar shareholders approve Dollar Tree deal Thursday, 22 Jan 2015 | 9:32 AM ET

    Jan 22- Family Dollar Stores Inc's shareholders approved the discount retailer's deal to be bought by Dollar Tree Inc, effectively putting Dollar General Corp out of the race to buy the company.