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Fred's Inc

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  • Fred's tops 1Q profit forecasts Thursday, 28 May 2015 | 7:58 AM ET

    MEMPHIS, Tenn. _ Fred's Inc. on Thursday reported a fiscal first-quarter loss of $29,000, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. Three analysts surveyed by Zacks expected $510.1 million.

  • Dollar General gets hostile with Family Dollar Wednesday, 10 Sep 2014 | 7:47 AM ET
    A Family Dollar Stores store location in Mansfield, Texas.

    Dollar General took its $9.1 billion offer for Family Dollar Stores hostile, directly approaching the shareholders of its smaller rival.

  • Midday movers: Apple, Big Lots, Tesla Motors & more Friday, 29 Aug 2014 | 12:17 PM ET
    Traders on the floor of the New York Stock Exchange.

    Some of Friday's midday movers:

  • Europe a sideshow when it should be the main event Thursday, 7 Aug 2014 | 9:38 AM ET

    With everyone distracted by Ukraine and Russia, Europe is becoming an increasing risk for markets.

  • Midday movers: Twitter, Alcoa, Conns & more Thursday, 27 Mar 2014 | 12:43 PM ET

    Some of Thursday's midday movers:

  • With US help, Europe and China show green shoots Thursday, 8 Aug 2013 | 10:28 AM ET
    View from Dollar Mountain in Sun Valley, Idaho.

    Data from Europe and China are looking up. These figures support the thesis that the U.S. recovery is a help to China, and is even trickling down to Europe.

  • Retailers forced to discount to lure shoppers Thursday, 8 Aug 2013 | 9:45 AM ET

    A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.

  • Gas Prices Help Costco Top Estimates, L Brands Misses Thursday, 11 Jul 2013 | 10:55 AM ET
    Customers shop at a Costco store.

    Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.

  • 'Bernanke put' fails, leaving bond traders fuming Thursday, 11 Jul 2013 | 10:16 AM ET

    Who would have thought Fed chief Ben Bernanke's comment about "highly accommodative policy" would cause this kind of rally? Now, there are a clutch of angry traders.

  • Consumers Keep Retailers Humming as Sales Rise Thursday, 6 Jun 2013 | 11:42 AM ET

    Major retail chains reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.

  • Frugality Drags Retail Sales, Boosts Discounters Thursday, 9 May 2013 | 9:07 AM ET

    A number of top U.S. retailers reported disappointing April sales as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.

  • Freddie Mac Sues More Than a Dozen Banks Over Libor Wednesday, 20 Mar 2013 | 12:03 AM ET
    Freddie Mac

    U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.

  • Are 'Three Gorges' the New 'Fiscal Cliff'? Thursday, 3 Jan 2013 | 9:41 AM ET
    Taroko Gorge, Taiwan

    Forget the rally; all the headlines were about fears of the looming mini-"fiscal cliff" coming. Let's agree on one thing: get rid of the word "fiscal cliff." So 2012. We need a new term.

  • Retail chain revenue comparisons for October Thursday, 1 Nov 2012 | 2:41 PM ET

    Bon-Ton Stores Inc. 3.7 pct. Stage Stores Inc. 6.5 pct. Costco Wholesale Corp. 7 pct.

  • By Rick Rothacker and Jed Horowitz. Oct 12- Wells Fargo& Co's. The No. 4 U.S. bank by assets has expanded in mortgage lending while others such as Bank of America Corp.

  • Oct 12- Wells Fargo& Co reported record quarterly profit on Friday on a surge in mortgage lending, but revenue and a key banking measure fell short of analysts' estimates, sending shares down 3.3 percent. Wells Fargo posted third-quarter earnings of 88 cents per share, topping the analysts' consensus estimate of 87 cents, according to Thomson Reuters I/B/E/S.

  • Oct 12- Wells Fargo& Co reported a 22 percent increase in its third-quarter profit on Friday on a surge in mortgage lending, but fell short of analysts' revenue estimates. Wells Fargo posted earnings per share of 88 cents, topping the analysts' consensus estimate of 87 cents, according to Thomson Reuters I/B/E/S.

  • Oct 12- Low interest rates both hurt and helped third-quarter earnings at Wells Fargo& Co, boosting mortgage lending but squeezing core profitability more than analysts expected.

  • --$138.9 million class A-1 at' AAAsf'; Outlook Stable;-- $866.3 million class A-2 at' AAAsf'; Outlook Stable;-- $1.0 billion class X1 at' AAAsf'; Outlook Stable. Freddie Mac SPC K-015 represents a pass-through interest in the corresponding class of securities issued by FREMF 2011- K15.

  • Oct 9- Freddie Mac, the No. 2 U.S. home funding company, said on Tuesday it sold $2 billion of reference bills at mixed rates and mixed demand compared with last week's sale of similar maturities.