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Barron’s View: Dollar Tree (DLTR) Stocks Beat Expectations
Friday, July 30, 2010 - 4:16pm | 112According to Barron’s, Dollar Tree Inc. (NASDAQ: DLTR), the cheapest in the discount retail sector, has been beating Wall Street expectation consistently with an above average long term growth rate. The stock price is expected to inch up with a growing number of stores and continuing innovation....
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Anthony Scaramucci's Hedge Fund Trade Of The Week: Family Dollar Stores (FDO)
Thursday, July 29, 2010 - 6:41pm | 130Anthony Scaramucci said on CNBC's Fast Money that Family Dollar Stores, Inc. (NYSE: FDO) is his pick for this week's "Hedge Fund Trade of The Week". He explained that Family Dollar Stores, Inc. (FDO) has consistently high margins, and its growth margin is about 35% over five years. Family Dollar...
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Facebook Dominates New Online Rankings As World Cup Lifts ESPN
Thursday, July 29, 2010 - 7:33am | 228The June audience of ESPN.com soared to 30.6 million unique visitors as people checked out the World Cup online, according to research firm comScore. That moved it ahead of well-known sites including Time Warner (NYSE: TWX), Expedia (Nasdaq: EXPE), and Target (NYSE: TGT) It shows how one event, or...
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Family Dollar Daily Double Top Resistance Nailed
Wednesday, July 28, 2010 - 2:10pm | 114Family Dollar Stores, Inc. (NYSE: FDO) gapped higher today on news that activist investor Nelson Peltz's Trian Fund Management purchased a large stake in the company. Technically speaking, the stock gapped higher and continued up, crossing the $42.00 level and hitting a perfect double top on the...
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Stocks Hitting 52-Week Highs (DLTR, ALSK, CVTI, ADVS)
Tuesday, July 27, 2010 - 1:13pm | 151Dollar Tree Inc (NASDAQ: DLTR) shares reached $44.20 to create a new 52-week high before falling to $44.05. DLTR’s trailing-twelve-month ROE is 25.15%. Alaska Communications Systems Group Inc (NASDAQ: ALSK) shares reached $9.42 to touch a new 52-week high, before falling to $9.41, reflecting a 1.07...
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Piper Jaffray Believes Retailers Will Slash Prices Once Again (JCP, KSS, TGT)
Wednesday, July 21, 2010 - 9:25am | 385Piper Jaffray is out with a research report this morning, where it takes a look at the increase in inventories at retailers versus each company’s pricing power. The PJ analysts said, “Our proprietary pricing analysis points to further apparel price declines in July.” They added, “This would be the...
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24/7 Wall St. CEOs Who Need to be Fired: Nine for 2010
Monday, July 19, 2010 - 8:03am | 481Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards. All the CEOs are on this list for simple reasons. The first is that...
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Direxion Offers 2x Retail and Natural Gas
Friday, July 16, 2010 - 3:00am | 610Expansion of the leveraged ETF menu continued this week with the (7/14/2010) launch by Direxion of long and short 2x sector ETFs for the Retail and Natural Gas sectors. Direxion now offers a total of 38 leveraged ETFs, according to the firm’s press release. The new funds are: Direxion Daily...
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Stock Market News for July 15, 2010 - Market News
Thursday, July 15, 2010 - 9:00am | 594The Federal Reserve’s downgrade of its economic outlook stoked fears of a delayed economic recovery. The Fed reduced its forecast for economic growth, in the current year, from its earlier range of 3.2% to 3.7% to a lower range of 3.0% to 3.5%. In the first quarter of 2010, GDP grew at an annual...
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3 Stocks That Thrive on Fear, Pessimism
Tuesday, July 13, 2010 - 8:53am | 238BOSTON (TheStreet) -- Corporate profits are soaring, but that's not enough for investors. S&P 500 companies boosted second-quarter earnings by 34%, analysts surveyed by Bloomberg estimate, and almost two dozen will publish results this week. Investors, ultimately, are concerned about a double-...
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MKM Partners Reiterates Buy Rating on 99 Cents Only Stores (NDN)
Friday, July 9, 2010 - 9:32am | 291MKM Partners is out with a research report this morning, where it reiterates its Buy rating on shares of 99 Cents Only Stores (NYSE: NDN); it also has a $22.00 price target on the stock. The MKM analysts said, “99 Cents Only Stores reported 1Q11 (ended 6/26/10) sales of $346.5 million, up 4% from...
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Following Yesterday’s Hype of Fastest Growth in 4 Years, June Retail Sales a “Mixed Bag”
Thursday, July 8, 2010 - 7:23pm | 601Following Yesterday’s Hype of Fastest Growth in 4 Years, June Retail Sales a "Mixed Bag" Courtesy of Mish The Wall Street Journal reports Retailers Turn in a Mixed Bag for June Sales. U.S. retailers reported mixed results for June, with some stores benefiting from aggressive promotions and...
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New Economy: Dollar Stores Becoming The Next Wal-Mart (FDO, DG, DLTR, NDN, WMT)
Thursday, July 8, 2010 - 10:27am | 295Today may seem like a poor example of growth and sector dominance when you consider that the news catalyst has a shadow over its peers. Family Dollar Stores Inc. (NYSE: FDO) beat earnings, but its shares are lower after issuing lackluster guidance. This is acting as drag on Dollar General Corp. (...
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Piper Jaffray Reiterates Underweight Rating on Family Dollar (FDO, WMT)
Thursday, July 8, 2010 - 10:25am | 333Piper Jaffray is out with a research report this morning, where it reiterates its Underweight rating on shares of Family Dollar Stores Inc. (NYSE: FDO); it has a $34.00 price target on the stock. The Piper Jaffray analysts said, “Yesterday, FDO announced Q3 EPS of $0.77, which topped PJC of $0.76...
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Stock Market News for July 8, 2010 - Market News
Thursday, July 8, 2010 - 9:42am | 596Stocks rallied sharply on Wednesday, building on to Tuesday’s modest gains, as a better-than-expected earnings outlook from State Street fueled optimism about the approaching earnings season. The Dow Jones industrial average rallied 275 points, closing above the 10,000 threshold for the first time...