General Merchandise Stores

I hate to say I told you so on Family Dollar (NYSE: FDO), but it looks like I told you so. After Nelson Peltz announced his intention to "potentially takeover" Family Dollar, the stock shot up some 30% and everyone was happy. Not me. There were lines in his letter to the board that troubled me...

(TheStreet) -- U.S. stocks are on pace to double last year's gains, with the S&P 500 Index up 3.8% so far in 2011. However, unrest in the Middle East has caused a correction. With economic growth expected to accelerate in the first quarter, stocks are still attractive. However, it's best to...

Brian Sozzi of Wall Street Strategies is out with a research note on Target (NYSE: TGT) after it reported earnings yesterday. Sozzi rates shares at a Hold, which he downgraded prior to the earnings call, and has a $51 price target. In the research note, Sozzi writes, "In my humble opinion,...

Deutsche Bank has lowered the price target on Target Corporation (NYSE: TGT) from $77 to $74 and maintains its Buy rating.

(TheStreet) -- Retailers reported mixed earnings results on Thursday, leaving the S&P Retail Index nearly flat. Target (NYSE: TGT) saw its profit rose 11%, send shares gaining in afternoon trading. The discounter reported a profit of $1.04 billion, or $1.45 a share, compared with $936 million,...

Wall Street Strategies provided analysis of the dollar store industry, focusing on Family Dollar Stores (NYSE: FDO), Dollar Tree (NASDAQ: DLTR), and Dollar General (NYSE: DG), in a research report published today. In the report, Wall Street Strategies addressed the importance of an attractive...

Target (NYSE: TGT) plans to launch an online platform in Q3 ending the partnership with Amazon (NASDAQ: AMZN).

Shares of El Paso Corp (NYSE: EP) dropped about 2% after the company reported its Q4 earnings at $62 million, or $0.09 per share, versus $265 million, or $0.36 per share, in the year-earlier period. The company's adjusted net income came in at $0.20 per share. EP's revenue dropped to $984 million...

Dollar Tree's (NASDAQ: DLTR) EPS was $1.29 vs consensus of $1.27 but sales were $1.73b versus consensus of $1.744b and comps were 3.9% versus consensus of 5.0%. Weather was the main culprit, as management commented that comps in non-weather-impacted regions were still running in the mid single...

Goldman Sachs is raising its PT on shares of Dollar Tree, Inc. (NASDAQ: DLTR) from $58 to $61. Dollar Tree, Inc. closed Wednesday at $48.58.

Pre-open movers US stock futures are lower this morning, as oil prices continued to surge. Futures on the Dow Jones Industrial Average dropped 46 points to 12,048 and S&P 500 stock futures fell 7.50 points to 1,298. Nasdaq 100 futures declined 14.50 points to 2,289. A Peek Into Global Markets...

Target Corp. (NYSE: TGT) today reported net earnings of $1,035 million for the quarter ended January 29, 2011, compared with $936 million in the quarter ended January 30, 2010. Earnings per share in the fourth quarter increased 17.0 percent to $1.45 from $1.24 in the same period a year ago. On a...

US stock futures are lower this morning, as oil prices continued to surge. Investors are also awaiting earnings from General Motors Co (NYSE: GM). Futures on the Dow Jones Industrial Average dropped 40 points to 12,054.00 and S&P 500 stock futures fell 6.10 points to 1,299.40. Nasdaq 100...

Target Corp (NYSE: TGT) is expected to post its Q4 earnings at $1.40 per share on revenue of $20.78 billion. General Motors Co (NYSE: GM) is projected to report its Q4 EPS at $0.46 on revenue of $34.11 billion. Gap Inc (NYSE: GPS) is projected to report its Q4 earnings at $0.57 per share on...

According to Piper Jaffray, Dollar Tree Stores (NASDAQ: DLTR) reported Q4 comparable stores sales growth of just 3.9%, below Piper Jaffray's and consensus estimates of above 5%. In the report, Piper Jaffray notes that slowing income growth for DLTR customers in 2011 should contribute to slowing...