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Jefferies Maintians "Hold" Rating On Family Dollar
Thursday, July 8, 2010 - 7:33am | 67Jefferies & Co. maintained its ''hold'' rating on discount retailer Family Dollar (NYSE: FDO) with a $39 price target. Family Dollar reported fiscal third-quarter earnings of 77 cents per share and while that beat Street estimates, but fourth-quarter guidance of 46 cents to 51 cents is two...
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Family Dollar (FDO) Plunges
Thursday, July 8, 2010 - 3:43am | 136Shares of Family Dollar (FDO) plunged today after the discount chain reported earnings. Family Dollar saw its earnings increase 19% posting earnings of $104.4 million dollars. Sales increased 8% for the quarter and same store sales were up 7%. So, why did the stock drop? Family Dollar guided down...
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Puts Sold on Family Dollar Stores (FDO)
Wednesday, July 7, 2010 - 4:46pm | 149Shares of Family Dollar Stores Inc. (NYSE: FDO) ended the session down by 8.06%, trading at $36.26. The stock cratered today on less than stellar earnings guidance. The stock has been trading higher for the better part of nine months and it appears that it was priced for perfection prior to this...
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Bid Lacks Conviction 07-07-2010
Wednesday, July 7, 2010 - 2:45pm | 749Cusick’s Corner This is a nice move to the upside that looks to be shaking out some of the shorts going into the Midday -- typical as far as moves go in a bearish trending market. Traders are hard pressed to position on the long side because the bid does not have the conviction that is necessary...
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Stock Market News for July 7, 2010 - Market News
Wednesday, July 7, 2010 - 10:13am | 583Selective buying helped propel stocks higher Tuesday after seven days of losses, but the advance was tepid as concerns about the durability of the economic recovery kept sentiments jittery. After recording hefty gains in the morning, markets slipped into the red in the afternoon as traders,...
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Company News for July 7, 2010 - Corporate Summary
Wednesday, July 7, 2010 - 10:13am | 204• Microsoft (NASDAQ:MSFT) is reportedly planning to cut a small number of positions this week • Family Dollar Stores (NYSE:FDO) reported a 19% rise in fiscal third-quarter earnings to 77 cents from 62 cents a year ago, one cent higher than Zacks estimates, on an 8.4% gain in revenues to $2 billion...
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Stock Market News for July 6, 2010 - Market News
Tuesday, July 6, 2010 - 9:36am | 389A disappointing monthly jobs report sent stocks lower on Friday, with the Dow Jones industrial average recording its seventh straight-session decline. Consumer discretionary and financial shares led the declining issues on recovery-related worries. Although the unemployment rate dipped to 9.5%,...
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Piper Has A Positive Outlook For Target (TGT)
Thursday, July 1, 2010 - 2:36pm | 114Piper Jaffray has retained its overweight rating for Target Corporation (NYSE: TGT). In its report, the research firm said that it believes that the company’s fundamentals are in line with management expectations. The company is also likely to gain market share. Target’s weekly circulars indicate...
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Protection Purchased on Family Dollar (FDO)
Monday, June 28, 2010 - 3:13pm | 128Shares of Family Dollar Stores Inc. (NYSE: FDO) are higher on the session by 1.18%, currently trading at $38.61. The stock has been running largely higher over the past nine months, vastly outperforming the overall market. Options traders are picking up some protection on the name today, though....
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Four Income-Producing Dividend Stocks (CAT, TGT, AEO, VIA)
Monday, June 28, 2010 - 1:42pm | 350NEW YORK (TheStreet) -- At a time when many investors have been fleeing to safe-haven assets and enhanced uncertainty in the health of the global economy continues to prevail, dividend-rich companies remain an attractive choice to add a steady source of income. As compared to last year, dividends...
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Protection Purchased on Family Dollar (FDO)
Tuesday, June 22, 2010 - 2:54pm | 134Shares of Family Dollar Stores Inc. (NYSE: FDO) are lower on the session by 1.23%, currently trading at $38.56. The stock has been a relative outperformer over the past six months, though the stock is now off its highs and looks to be entering a technical downtrend. Options traders are betting...
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Stock Market News for June 14, 2010 - Market News
Monday, June 14, 2010 - 9:39am | 531The volatility in markets is similar to the wild swings that characterized the indices’ moves in late 2008 and early 2009. Yet, over the last three weeks, markets do not seem to have given up much ground – or made any headway. After sharp moves back and forth, major indexes barely managed to move...
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Retail Sales Data Sadden Bipolar Speculators
Friday, June 11, 2010 - 9:19am | 819Once more each day is upon itself revolving around that day's news, and the previous day means nothing.... a truly bipolar world of speculation, now that we've chased off all long term investors. This morning's "good news" (in my book) has the savings rate up; but unfortunately that means despite...
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BP, dividend hikes, & mobile banking
Wednesday, June 9, 2010 - 9:51pm | 468BP Needs To Tell Whining Americans To Take a Hike Caterpillar (CAT) raises dividend 4.8%, Target (TGT) raises 47%. TD Launches Mobile Banking App for BlackBerry. thanks for subscribing to the moneygardener...
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Target Raises Dividend (TGT)
Wednesday, June 9, 2010 - 2:14pm | 92The board of directors of Target (NYSE: TGT) has declared a quarterly dividend of 25 cents per common share. This represents a 47 percent increase from the prior quarterly rate of 17 cents per share. Target chairman Gregg Steinhafel said, "Target's cash generation is well above the amount needed...