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Family Dollar Stores Inc

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  • Dollar General raises bid for Family Dollar Tuesday, 2 Sep 2014 | 6:22 AM ET

    Sept 2- Dollar General Corp, the No.1 U.S. deep discount retailer, said it raised its bid for Family Dollar Stores Inc to $80 per share, or $9.1 billion, from $78.50 per share. Dollar General said last week it remained committed to acquiring Family Dollar, after the target rejected the previous offer, saying the deal could run foul of competition law.

  • Chief Executive Rick Dreiling said Dollar General would not relinquish its pursuit of Family Dollar Stores Inc, even though the No. 1 U.S. deep-discount retailer's bid was rejected in favor of a smaller offer from Dollar Tree Inc.. Dollar General's shares rose 1.8 percent, Family Dollar's were marginally higher and Dollar Tree's were up 1 percent.

  • Aug 28- Dollar General Corp said it remained committed to acquiring rival Family Dollar Stores Inc, pointing to a prolonged battle for dominance of the deep discount retail sector in the United States.

  • Aug 28- Dollar General Corp, the No.1 U.S. deep discount retailer, said it remained committed to acquiring rival Family Dollar Stores Inc and that its offer was both superior and achievable than an offer from Dollar Tree Inc.

  • Dollar General: We're committed to Family Dollar Thursday, 28 Aug 2014 | 7:22 AM ET
    A shopper loads purchases into his vehicle outside a Dollar General Corp. store in Princeton, Illinois.

    Dollar General said it remained committed to acquiring rival Family Dollar and reported a 7.5 percent rise in quarterly sales.

  • Dollar General says committed to Family Dollar deal Thursday, 28 Aug 2014 | 7:13 AM ET

    Aug 28- Dollar General Corp, the No.1 U.S. deep discount retailer, said it remained committed to acquiring rival Family Dollar Stores Inc and reported a 7.5 percent rise in quarterly sales.

  • Dollar stores find fans in Asian penny pinchers Tuesday, 26 Aug 2014 | 12:56 AM ET

    Dollar stores enjoy popularity during lean times but shoppers are proving that these bargain stores have a place regardless of economic cycles.

  • He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan, sometimes stopping by as many as 10 times a week "if there are things I need," said the 51- year-old home care provider.

  • Near 2,000, S&P knocks out 28th record close of 2014 Thursday, 21 Aug 2014 | 4:07 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Stocks rose Thursday as investors anticipate a dovish tone from Federal Reserve Chair Janet Yellen on Friday.

  • *Family Dollar rejects Dollar General's buyout offer. *Jackson Hole conference of central bankers to begin. Federal Reserve Chair Janet Yellen is scheduled to speak at the Jackson Hole conference on Friday.

  • Midday movers: Bank of America, eBay, 58.com & more Thursday, 21 Aug 2014 | 1:34 PM ET

    Some of Thursday's midday movers:

  • Aug 21- Family Dollar Stores Inc rejected a $9 billion buyout offer from Dollar General Corp and issued a sharp rebuke to accusations its CEO favors a smaller bid from Dollar Tree Inc because it would allow him to keep his job.

  • *Family Dollar rejects Dollar General buyout offer. NEW YORK, Aug 21- U.S. stocks inched higher on Thursday and the S&P notched a record high as a flurry of data pointed to steady improvement in the economy and investors awaited the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.

  • *Family Dollar rejects Dollar General buyout offer. NEW YORK, Aug 21- U.S. stocks were set for a slightly higher open on Thursday, after jobless claims data pointed to continued improvement in the labor market and before the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.

  • Family Dollar to Dollar General offer: 'No thanks' Thursday, 21 Aug 2014 | 9:03 AM ET
    A Family Dollar Stores store location in Mansfield, Texas.

    Family Dollar Stores said on Thursday its board unanimously rejected Dollar General's buyout offer due to antitrust considerations.

  • Aug 21- Family Dollar Stores Inc rejected Dollar General Corp's $8.95 billion acquisition offer, citing antitrust concerns, and reaffirmed its support for a buyout offer from Dollar Tree Inc..

  • Dollar tree profit falls, despite jump in revenue Thursday, 21 Aug 2014 | 8:26 AM ET
    A Dollar Tree store, July 28, 2014 in Miami, Florida.

    Dollar Tree reported a 2.6 percent fall in quarterly profit as costs increased.

  • Aug 21- Family Dollar Stores Inc rejected Dollar General Corp's acquisition offer, citing antitrust concerns, and reaffirmed its support for a buyout offer from Dollar Tree Inc..

  • Dollar tree profit falls 2.6 pct Thursday, 21 Aug 2014 | 7:49 AM ET

    Aug 21- Dollar Tree Inc reported a 2.6 percent fall in quarterly profit as costs increased. Net income fell to $121.5 million, or 59 cents per share, in the second quarter ended Aug. 2 from $124.7 million, or $1.25 per share, a year earlier. Dollar Tree, which operates the Dollar Tree, Deal$ and Dollar Bills stores, agreed to buy Family Dollar Stores Inc in July.

  • Icahn reveals 8.5% stake in Hertz Thursday, 21 Aug 2014 | 2:16 AM ET

    Billionaire investor Carl Icahn revealed he owns an 8.5 percent stake in Hertz and plans to pressure the rental car company's management.