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Family Dollar Names Jacob J. Modla Vice President
Friday, September 3, 2010 - 10:11am | 68Family Dollar Stores, Inc. (NYSE: FDO) today announced that it has named Jacob J. Modla to the position of Vice President – Human Resources. Mr. Modla will report to Bryan Venberg, Senior Vice President - Human Resources. Mr. Modla began his career with Family Dollar in 2004 as Assistant General...
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NASDAQ Stocks Hitting 52-Week Highs (ASYS, TRS, DLTR, SPRD)
Thursday, September 2, 2010 - 12:59pm | 146Amtech Systems Inc (NASDAQ: ASYS) shares reached $15.28 to create a new 52-week high, before falling to $15.25, representing a 6.87% gain. ASYS’s subsidiary Tempress Systems Inc has received new solar orders worth $37 million from numerous new and current customers in Asia. TriMas Corporation (...
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FDO Reports 6.1% Rise In FQ4 Comparable-Store Sales
Thursday, September 2, 2010 - 12:53pm | 67Shares of Family Dollar Stores Inc (NYSE: FDO) gained after the company reported a rise in the FQ4 comparable-store sales. FDO’s FQ4 comparable-store sales rose 6.1%. The company’s Q4 net sales also increased 8% to $1.96 billion. Family Dollar Stores’ shares rose 0.55% to $43.52 at 12:50 pm. Read...
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Target Higher Despite Missing Estimates (TGT)
Thursday, September 2, 2010 - 11:09am | 145Shares of Target Corporation (NYSE: TGT) are higher on the day, despite missing analyst's expectations for its August same-store-sales. Target reported a 1.8% gain in sales for stores, and analysts were expecting 2%. Despite the blip, the Minnesota-based retailer was upbeat about the consumer,...
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MK Reiterates Outperform For Fred's, Inc.
Thursday, September 2, 2010 - 10:13am | 70Fred's, Inc. (NASDAQ: FRED) saw comps increase +3.6% in August 2010 at the high end of management's 3Q guidance of 2.0-4.0%, positively impacted by strength in general merchandise departments and increased consumer traffic, Morgan Keegan reports. Morgan Keegan maintains its 3Q EPS of $0.18 and a...
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US Stock Futures Remain On The Sidelines
Thursday, September 2, 2010 - 8:53am | 315US stock futures are largely flat on Thursday, after having risen significantly on Wednesday due to improving economic data. Investors are now looking forward to data on the weekly unemployment insurance claims. Futures for the Dow Jones Industrial Average were down 6 points at 10,266, while those...
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Target Corp. Misses Its Same-Store Sales Estimate (TGT)
Thursday, September 2, 2010 - 8:42am | 109Shares of Target Corp. (NYSE: TGT) are big lower in the pre-market following the company’s release of its same-store sales (SSS) data. TGT said that August SSS were positive by 1.8%; this compares with the Street estimate of a 2% rise. Net sales for the four weeks ended August 8 rose 3.4% to $5....
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Duckwall-ALCO Stores August Sales up 1.1%
Thursday, September 2, 2010 - 8:38am | 57Duckwall-ALCO Stores, Inc. (Nasdaq: DUCK) today announced that sales from continuing operations for the most recent fiscal four-week period ending August 29, 2010, increased 1.1% to $33.4 million compared to $33.0 million in the prior-year month. Same-store sales decreased 0.8%. Sales year-to-date...
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Top 4 Stocks In The Discount, Variety Stores Industry With The Highest Dividend Yield (WMT, TGT, PSMT, COST)
Thursday, September 2, 2010 - 5:55am | 123Below are the top discount, variety store stocks on the NYSE and the NASDAQ in terms of dividend yield. Wal-Mart Stores Inc (NYSE: WMT) has a dividend yield of 2.40%. WMT’s shares closed at $51.20 yesterday. Target Corporation (NYSE: TGT) has a dividend yield of 2.00%. TGT’s shares closed at $52.24...
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Target To Sell Facebook Credit Gift Cards At Stores Next Week (TGT)
Wednesday, September 1, 2010 - 1:27pm | 186Target (NYSE: TGT) will be offering Facebook Credits at their brick-and-mortar stores starting September 5. The credits, which are available as $15, $25, and $50 gift cards, allow users to buy applications for the social networking page, as well as items for games available on Facebook. Facebook...
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Dollar General Beats, Lifts Outlook - Analyst Blog
Wednesday, September 1, 2010 - 9:09am | 454Dollar General Corporation (DG), the discount retailer, recently posted better-than-expected second-quarter 2010 results as the budget-constrained consumers remained inclined toward lower-priced stores amid a fragile economy. The quarterly earnings of 42 cents a share beat the Zacks Consensus...
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Target Stores to Offer Facebook Credits Gift Cards (TGT)
Wednesday, September 1, 2010 - 7:58am | 56Today Target (NYSE: TGT) announced that Facebook® Credits gift cards will launch at Target stores nationwide beginning Sept. 5. Facebook Credits gift cards will be available at Target stores nationwide and on Target.com, in increments of $15, $25 and $50. The $15 Facebook Credits gift card has been...
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Target in Neutral Lane - Analyst Blog
Tuesday, August 31, 2010 - 3:12pm | 478Target Corporation’s (TGT) efficient marketing, multi-channel strategy, product innovation, compelling pricing, and new merchandise assortments should help drive comparable-store sales and operating margins in the long term. We expect the company to gain market share and believe that more focus on...
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Staples to Start Selling Amazon's Kindle (SPLS, AMZN)
Tuesday, August 31, 2010 - 12:22pm | 181Office supply company Staples Inc. (NASDAQ: SPLS) said Tuesday that it will begin selling Amazon.com's (NASDAQ: AMZN) Kindle e-book at its retail stores. Staples will be selling multiple versions of the e-book, and is expected to push them into 1,500 stores across the country this fall. Staples...
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Jefferies’ Consumer Retail Comps Preview (TGT, KSS, COST, BJ)
Tuesday, August 31, 2010 - 10:34am | 291Jefferies & Company is out with a research report this morning, where it previews the same store sales comps on several of the broadline retailers ahead of their August reports. The analysts said that they continue to favor defensive names and those that have strong growth drivers that are...