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Family Dollar Stores Inc

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  • 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...

  • 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.

  • 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.

  • 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...

  • Hedgies all-in on stocks; here's how to play it Monday, 23 Feb 2015 | 1:19 PM ET
    Traders on the floor of the New York Stock Exchange.

    Allocations in the industry have turned to their most bullish positions ever, with a net-long exposure of 57 percent.

  • 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

  • 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,...

  • Revealed: Secret short bets of 6 top hedge funds Friday, 30 Jan 2015 | 1:56 PM ET
    The Breakers Palm Beach resort in Palm Beach, Fla., is shown in this aerial view.

    Six hedge fund managers gave their best investment ideas at an exclusive—and private—Morgan Stanley conference. Here are their picks.

  • Midday movers: Lockheed Martin, Plantronics & more Tuesday, 27 Jan 2015 | 1:05 PM ET
    Wall Street subway station NYSE

    Some of Tuesday's midday movers:

  • 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
    NYSE New York Stock Exchange

    Some of Thursday's midday movers:

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

    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.

  • NEW YORK, Jan 21- Family Dollar Stores Inc shareholders will vote on Thursday on an agreement to be bought by fellow discount retailer Dollar Tree Inc, possibly putting an end to a months-long tussle with Dollar General Corp.. Traders in the options market appear to be betting on a Dollar Tree win and have been positioning for Dollar General shares to come under...