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Family Dollar Stores Inc
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Check out which companies are making headlines after the bell Wednesday:
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*Tech shares among the day's leaders, JDS Uniphase rallies. NEW YORK, April 10- U.S. stocks climbed 1 percent on Wednesday, with both the Dow and S&P 500 ending at historic highs as cyclical shares led the way higher for a second straight day.
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*Tech shares among the day's leaders, JDS Uniphase rallies. *FOMC minutes released, ahead of schedule, at 9 a.m. EDT. NEW YORK, April 10- The S&P 500 rose to a historic high on Wednesday as U.S. stocks advanced 1 percent in a broad rally, with technology shares among the strongest of the day.
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*Earnings of $1.21/ share misses estimate by 1 cent. April 10- Family Dollar Stores Inc said on Wednesday that sales have perked up as spring weather has finally arrived, but reported a weaker-than-expected quarterly profit which it blamed on a delay in shoppers getting their tax refunds.
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*FOMC minutes released, ahead of schedule, at 9 a.m. EDT. NEW YORK, April 10- U.S. stocks rose more than 1 percent on Wednesday, with the S&P 500 climbing to a new all-time intraday record as investors scooped up technology and financial shares that have lagged gains in other sectors recently.
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*FOMC minutes released, ahead of schedule, at 9:00am EDT. NEW YORK, April 10- U.S. stocks rose on Wednesday and the S&P 500 climbed to a new all-time record as investors scooped up technology and financial shares that have lagged gains in other sectors recently.
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April 10- Family Dollar Stores Inc reported a weaker-than-expected quarterly profit on Wednesday, blaming a delay in tax refunds for hurting sales at the end of January and in early February, and again cut its annual forecast. "We expected weakness and we got it," said Jefferies analyst Daniel Binder, who has a "hold" rating on Family Dollar shares.
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*China data shows lends positive tone. NEW YORK, April 10- Wall Street was set to open slightly higher on Wednesday, in the wake of the unexpectedly early release of minutes from the Federal Reserve's most recent policy-making meeting, as encouraging data from China buoyed investors' optimism.
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Family Dollar Stores reported a weaker-than-expected quarterly profit, blaming a delay in tax refunds for hurting sales at the end of January and early February.
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April 10- Family Dollar Stores Inc reported a weaker-than-expected quarterly profit on Wednesday, blaming a delay in tax refunds for hurting sales at the end of January and early February. Family Dollar shares were down 4.3 percent at $57.20 in premarket trading on Wednesday.
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*Earnings per share $1.21 misses analyst estimate by 1 cent. April 10- Family Dollar Stores Inc reported a weaker-than-expected quarterly profit on Wednesday, blaming a delay in tax refunds for hurting sales at the end of January and early February.
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*FOMC minutes released, ahead of schedule, at 9 a.m. EDT. NEW YORK, April 10- U.S. stocks rose on Wednesday, with the S&P 500 climbing to a new all-time intraday record as investors scooped up technology and financial shares that recently lagged other sectors' gains. Boosting the Nasdaq, Facebook Inc jumped 3.9 percent to $27.62.
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The Fed's message to markets Thursday should be more dovish than not, despite the mixed signals officials have been sending.
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Databases used by major retailers to prevent workers accused of stealing from getting another job are increasingly under scrutiny. The New York Times reports.
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*Profit 97 cents per share vs analysts' view 90 cents. March 25- Dollar General Corp said on Monday sales growth this year could surpass the strength it saw in 2012 as demand for food and other goods, including cigarettes, helps drive gains despite consumers' concerns about the economy. Dollar General asserts that it can do well in a tough economy.
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The latest retail sales numbers give ammunition to the bulls that the good old days are back. But hold on for just a minute optimists; the numbers aren't THAT great.
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The past five years haven't been the brightest for the economy or consumers, but that hasn't held back retail stocks. It's been the consumer that has led the way for the Dow Jones Industrial Average since the Oct. 9, 2007, closing peak for the blue chip index, with two retailers landing among the top five performers since that time.
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The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
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Stocks pared their losses in the final hour of trading Thursday to close off their lows, with the S&P 500 clawing back above the widely-watched 1,500 level.
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