General Merchandise Stores

Citi has reported their estimates for Family Dollar Stores' (NYSE: FDO) F2Q11. According to the report, "We believe FDO will report above-consensus F2Q11 results when it reports earnings next Wednesday (3/30/11), driven by strong SSS and operating margin improvement. We have a favorable outlook on...

Fred's (NASDAQ: FRED) today reported financial results for the fourth quarter and fiscal year ended January 29, 2011. For the fourth quarter of 2010, Fred's net income increased 49% to $8.6 million or $0.22 per diluted share compared with net income of $5.8 million or $0.15 per diluted share in the...

Fred's Inc (NASDAQ: FRED) reported its Q4 EPS at $0.22, versus the consensus of $0.21. FRED reported its Q4 revenue at $485.6 million, versus the consensus of $486.66 million. FRED reported 2.3% rise in its Q4 same-store sales. FRED shares gained 0.39% to close at $12.89 yesterday. Read more...

Fred's, Inc. (NASDAQ: FRED) today reported financial results for the fourth quarter ended January 29, 2011. For the fourth quarter of 2010, Fred's net income increased 49% to $8.6 million or $0.22 per diluted share compared with net income of $5.8 million or $0.15 per diluted share in the year-...

Accenture plc (NYSE: ACN) is projected to report its FQ2 EPS at $0.71 on revenue of $5.72 billion. Best Buy Co Inc (NYSE: BBY) is estimated to post its Q4 earnings at $1.85 per share on revenue of $16.29 billion. Oracle Corporation (NASDAQ: ORCL) is projected to report its FQ3 EPS at $0.49 on...

Shares of Dollar Tree, Inc. (NASDAQ: DLTR) are higher on the session by 0.11%, trading at $53.70. Overall call volume is now running at 3.87x the daily average, with 41% of all calls traded being purchases on the offer. 5,331 contracts have traded on the session so far. Dollar Tree, Inc. is an...

Easter is upon us, and it's a time for friends, family, and eating. It's a time when kids get to see the Easter Bunny, take pictures with him, and find out what treats he left for them on Easter morning. If he's a really good Easter Bunny, maybe he'll leave some stock tips for mom and dad,...

Target Corporation (NYSE: TGT) was upgraded by BMO Capital from "market perform" to "outperform." TGT's shares closed at $49.99 on Friday. Target's PEG ratio is 0.94. QUALCOMM Incorporated (NASDAQ: QCOM) was upgraded by Sterne Agee from "neutral" to "buy.” QCOM's shares closed at $51.71 on Friday...

Cusick's Corner With the drop and pop on the open today, the Midday has been chopping in a range, SPX 1270-1275. This has been an emotional couple of days, VIX back down to 26, and the market may be willing to take a rest into the Expiration tomorrow. While headline risk is still very real at this...

Commenting on the decline in share price over the past two days, Fred's, Inc. (NASDAQ: FRED) today said that trends in its business and store operations remain consistent with those expressed in monthly sales releases for January and February. Additionally, next Thursday, March 24, 2011, the...

Citi is encouraged by Family Dollar's (NYSE: FDO) F2Q11 SSS increase of +5.1%, which was consistent with management's 5% to 6% plan. FDO now expects F2Q11 EPS to be in the range of $0.97-$0.98, up from guidance of $0.92-$0.97 previously and vs. consensus of $0.95 per share. Citi is raising its...

Jefferies issued a report responding to Family Dollar's (NYSE: FDO) preannounced 2Q EPS. In the report Jefferies writes, "We continue to believe the risk of an earnings miss in 2H is elevated as sales comparisons get more challenging and expectations are set high. Relative to our expectations,...

For a company that prides itself on providing great customer service, Apple (NASDAQ: AAPL) has left a few customers angry over the way it handled the launch of the iPad 2. Long lines were expected for what was being hailed as the most anticipated tablet of the year. While some iPad 2 seekers feared...

Pre-open moversUS stock futures are lower this morning following strong drop in Japanese markets after Friday's strong earthquake. Futures on the Dow Jones Industrial Average dipped 48 points to 11,955.00 and futures on the S&P 500 index fell 5.80 points to 1,295.40. Nasdaq 100 futures dropped...

Family Dollar Stores, Inc. (NYSE: FDO) reported that net sales for the second quarter ended February 26, 2011, increased 8.3% to $2.26 billion from $2.09 billion in the second quarter ended February 27, 2010. Comparable store sales for the quarter increased 5.1%. The Company now expects that...