General Merchandise Stores

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of 99 Cents Only Stores (NYSE: NDN) concerning the Company's receipt of a proposal from members of the Schiffer/Gold Family, together with Leonard Green & Partners, L.P. (“LGP”), to...

Apple (NASDAQ: AAPL) today announced that iPad 2, the next generation of its magical device for browsing the web, reading and sending email, enjoying photos, watching videos, listening to music, playing games, reading ebooks and much more, will be available tomorrow at 5 p.m. local time at all 236...

99 Cents Only Stores (NYSE: NDN) shares are trading higher than the "going private" offer it received this morning from Leonard Green and the Schiffer/Gold family, which was at $19.09 per share in cash. At last check, shares were trading at $19.95, a gain of $3.27, or 19.6% on 290,000 shares so...

99 Cents Only Stores (NYSE: NDN) today announced that its board of directors has received a proposal from members of the Schiffer/Gold family, together with Leonard Green & Partners, L.P, to acquire the Company in a "going private" transaction for $19.09 per share in cash. The Schiffer/Gold...

The board of directors of Target Corporation (NYSE: TGT) has declared a quarterly dividend of 25 cents per common share. The dividend is payable June 10, 2011 to shareholders of record May 18, 2011. The 2nd quarter dividend will be the company's 175th consecutive dividend paid since October 1967...

Used game complaints and personal info recording have cast a dark shadow on the world's largest retailer of video games. But are they enough to hurt the company's share price? GameStop Corp. (NYSE: GME) is no stranger to lawsuits. In 2006, a handful of store managers sued the company, claiming that...

Cusick's Corner The sellers have the upper hand this Midday in spite of the pullback in oil. As I noted on Friday, the longs may done some hedging in the futures on the close and insurance looked like a good idea. The market gave us another window of opportunity earlier this morning to potentially...

Cusick Corner Running late today, I apologize. This is the consolidation that I had been discussing since last week, the market looks content at this stage to stay in a range, S&P 1300-1340. While this is frustrating, it is important for traders and investors to keep an eye on both volatility...

Goldman Sachs released a research report today upgrading Dollar Tree Stores, Inc. (NASDAQ: DLTR) from Neutral to Buy. We are upgrading DLTR to Buy from Neutral with 19% upside to our $61, 12-month price target based on (1) 1Q comp re-acceleration helped by later Easter, (2) continued EBIT margin...

Goldman Sachs is upgrading shares of Dollar Tree (NASDAQ: DLTR) to Buy with a $61 price target. In a note to clients, Goldman writes, "We are upgrading DLTR to Buy from Neutral with 19% upside to our $61, 12-month price target based on (1) 1Q comp re-acceleration helped by later Easter, (2)...

Piper Jaffray, which raised its PT on shares of Big Lots Inc. (NYSE: BIG), is providing some color on the stock. “We are maintaining our Neutral rating….following BIG's Q4 results,” Piper Jaffray writes. “During yesterday's call management announced Q4 EPS of $1.46 that topped consensus of $1.38...

In a report published by Benchmark, it's increasing the estimates and price targets for Big Lots (NYSE: BIG). Benchmark said that Big Lots reported a solid 4Q10, with EPS beating Benchmark's estimate by $0.08 on a higher than expected gross margin. “We increased our 2011 estimates on the...

Dollar Tree Inc (NASDAQ: DLTR) was upgraded by Goldman from "neutral" to "buy." DLTR's shares closed at $51.31 yesterday. Dollar Tree's PEG ratio is 0.98. RW Baird upgraded Intel Corporation (NASDAQ: INTC) from “neutral” to “outperform.” INTC's shares closed at $21.79 yesterday. Intel's PEG ratio...

Piper Jaffray has raised the price target on Big Lots, Inc. (NYSE: BIG) from $31 to $37 and maintains its Neutral rating.

Family Dollar Stores, Inc. (NYSE: FDO) shares are down on a day when the market is ripping higher, as the company has voted unanimously against the offer from Nelson Peltz. Peltz had offered around $7 billion for the company, at a share price of $55 to $60 per share, but the company said that the...