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Family Dollar Stores Inc

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  • Nov 20- Discount retailer Dollar Tree Inc said it was confident it would need to divest fewer stores than anticipated to win antitrust approval to buy Family Dollar Stores Inc.. Dollar Tree's shares rose as much as 7 percent to a record high of $67.08 on Thursday. Dollar Tree will become the largest U.S. dollar store chain if it pulls off the deal by fending off a...

  • Nov 20- Discount retailer Dollar Tree Inc raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.. Dollar Tree, which like other discounters is facing competition from small-format stores opened by big retailers such as Wal-Mart Stores Inc, will become the largest dollar store chain if it pulls off...

  • Family Dollar delays special shareholders meeting Wednesday, 19 Nov 2014 | 10:57 AM ET

    MATTHEWS, N.C.— Family Dollar is delaying a special meeting at which shareholders were to vote on its $8.5 billion acquisition by Dollar Tree as regulators determine how many stores might need to be divested for antitrust reasons. Dollar General said in a separate statement that is still committed to acquiring Family Dollar and that it is in talks with the FTC...

  • US STOCKS-Wall St to dip at open, Fed minutes eyed Wednesday, 19 Nov 2014 | 9:11 AM ET

    *Oplink jumps, to be bought by Koch Industries' subsidiary. *Cliffs Natural Resources shares slide. NEW YORK, Nov 19- U.S. stocks were set to open slightly lower on Wednesday following record closing highs for both the Dow and S&P 500 and ahead of minutes from the most recent Federal Reserve policy meeting.

  • *Cliffs Natural Resources shares slide. NEW YORK, Nov 19- U.S. stock index futures were little changed on Wednesday following record closing highs for both the Dow and S&P 500 and ahead of housing data and minutes from the most recent Federal Reserve policy meeting. *Cliffs Natural Resources said it was looking to exit its Eastern Canadian iron ore operations,...

  • Dollar General may shut more than 4K stores: Report Wednesday, 19 Nov 2014 | 6:46 AM ET
    A shopper loads purchases into his vehicle outside a Dollar General Corp. store in Princeton, Illinois.

    Dollar General may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar.

  • Mega-mergers are popular again on Wall Street Tuesday, 18 Nov 2014 | 6:47 AM ET

    Deals worth $100 billion on Monday put the Street on pace for a year rivaling the dot-com bubble era and the private equity surge just before the financial crisis.

  • Nov 12- Energizer Holdings Inc, in the process of spinning off its struggling household products business, said it expects no organic sales growth due to falling demand for its Energizer and Eveready batteries. Sales at the household products business have been falling for more than a year after Wal-Mart Stores Inc's warehouse chain Sam's Club and discount...

  • Oct 31- Dollar General Corp extended its tender offer for shares of Family Dollar Stores Inc to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc.. Dollar General had received offers for only about 4 million Family Dollar shares of a total 114 million outstanding shares as of Oct. 30, a day before the offer was to expire.

  • Oct 31- Dollar General Corp extended for the second time its tender offer to acquire shares of Family Dollar Stores Inc, as less than 4 percent of Family Dollar's shares had been tendered so far. Family Dollar, which has spurned Dollar General's takeover approaches twice, citing anti-trust concerns, has been pushing for a lower cash-and-stock deal from Dollar...

  • Baby wipes recalled over possible contamination Tuesday, 28 Oct 2014 | 11:57 AM ET

    Ten brands of baby wipes are part of a nationwide voluntary recall after tests showed the presence of a bacteria in some. USA Today reports.

  • Welcome to the future of fast food Wednesday, 22 Oct 2014 | 7:00 AM ET
    Taco Bell's waffle taco.

    Waffle tacos and a bot named 'Dom': Welcome to the future of fast food!

  • Early Movers: IBM, VFC, HAL, VRX & more Monday, 20 Oct 2014 | 7:43 AM ET

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

  • Activist urges new leadership at Family Dollar Friday, 17 Oct 2014 | 5:47 PM ET
    A Family Dollar store on July 28, 2014 in Hollywood, Florida.

    Elliott Management sent a letter to Family Dollar's board, nominating seven new directors on Friday.

  • Oct 17- Activist investor Elliott Advisors UK Ltd nominated seven candidates for election to Family Dollar Stores Inc's board as it looks to push for a sale of the dollar store operator to bigger rival Dollar General Corp.. Dollar General's offer is "clearly superior" to Dollar Tree Inc's bid, Elliott said in a letter to Family Dollar's board and Chief Executive...

  • Oct 17- Activist investor Elliott Advisors UK Ltd nominated seven candidates for election to Family Dollar Stores Inc's board as it looks to push for a sale of the dollar store operator to bigger rival Dollar General Corp.. Elliot holds a stake of about 4.9 percent in Family Dollar, the hedge fund said in a statement on Friday. Dollar General's offer was "clearly...

  • Dollar General, which is vying with rival Dollar Tree to buy Family Dollar, also received a second request from the FTC under U.S. anti-trust regulations, Family Dollar said. In August, Family Dollar rejected a $9 billion buyout offer from Dollar General, opting instead for a smaller cash-and-stock bid of $8.5 billion by Dollar Tree. The company also spurned...

  • Will plunge in gas prices boost holiday retail? Friday, 10 Oct 2014 | 3:46 PM ET

    Retail experts disagree on whether falling oil prices will bring in more foot traffic and help holiday sales.

  • Early movers: SYMC, YELP, MSFT, FDO, TSLA & more Friday, 10 Oct 2014 | 7:37 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.

  • After-hours buzz: AMZN, SYMC & more Thursday, 9 Oct 2014 | 5:02 PM ET
    Traders work the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after hours buzz: AMZN, SYMC & more.