General Merchandise Stores

Family Dollar Stores Inc (NYSE: FDO) is projected to post its Q3 earnings at $0.95 per share on revenue of $2.17 billion. Acuity Brands Inc (NYSE: AYI) is estimated to report its Q3 EPS at $0.63 on revenue of $447.59 million. General Mills (NYSE: GIS) is expected to report its Q4 EPS at $0.52 on...

The Trian Fund Management, headed by Nelson Peltz, bought 12.2 mil shares, valued at $423 mil, in the maker of Oscar Mayer meats and other foods. Peltz often buys big stakes and then pushes for changes. Peltz has spurred shake-ups at Heinz (HNZ), Wendy's/Arby's and Cadbury Schweppes. In Feb., he...

Family Dollar Stores (NYSE: FDO) is set to report earnings tomorrow before the bell and Wall Street will be looking forward to hearing how rising commodity costs are affecting the company's key consumer. The North Carolina-based company is going to report its third-quarter fiscal 2011 results...

Goldman Sachs reiterated its Neutral rating on Family Dollar (NYSE: FDO). At the same time, Goldman Sachs left its price target on the company's stock unchanged at $55. On Monday, Family Dollar ended the day at $52.33.

Jefferies reiterated its Hold rating on Family Dollar (NYSE: FDO). At the same time, Jefferies left its price target on the company's stock unchanged at $49. On Monday, Family Dollar ended the day at $52.33.

Family Dollar Stores (NYSE: FDO) will be reporting its third-quarter fiscal 2011 results Wednesday, June 29, before the opening bell. While the sluggish economy no doubt has continued to benefit the nation's number two dollar-store chain, the company also faces stiff competition from larger rivals...

Deutsche Bank is out with its report today on Family Dollar Stores (NYSE: FDO), maintaining Buy. In a note to clients, Deutsche Bank writes, "We maintain our Buy rating and $60 price target. This is based on 16x our calendar 2012 forecast. Our long term growth rate estimate for FDO is 16%, higher...

Janney Capital has downgraded Target (NYSE: TGT) from Buy to Neutral and has established a $46 price target.

Target (NYSE: TGT) announced today that Target Canada has reached an agreement to transfer to Walmart (NYSE: WMT) Canada the rights for leasehold interests in up to 39 sites, currently operated by Zellers Inc. Specific locations will be identified later this fall. Terms of this transaction were...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...

Shares of 99 Cents Only Stores (NYSE: NDN) are lower on the session by 0.40%, currently trading at $20.06. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while...

Deutsche Bank is out with its report today on Family Dollar Stores (NYSE: FDO), maintaining Buy. In a note to clients, Deutsche Bank writes, "We conducted a pricing study between Family Dollar and Dollar General to gauge potential sales and margin pressures on FDO as a result of DG's sharper...

According to Jefferies, Dollar Tree (NASDAQ: DLTR) had its Global Consumer Conference. Jefferies said that Dollar tree continued to indicate that favorable sourcing and flexibility in merchandising are allowing it to improve IMU, even as inflation remains elevated in China where it sources a large...

Goldman Sachs is out with its report today on Dollar Tree Stores (NASDAQ: DLTR), maintaining Buy. In a note to clients, Goldman Sachs writes, "We view the recent developments in container shipping as another positive for dollar stores, which experienced margin pressure due to steep increases in...

BJ's Wholesale Club, Inc. (NYSE: BJ) shares are down sharply today, down more than 3% despite a Bloomberg article that says BJ's Wholesale could fetch around $53 per share in a going private offer. Last week, it was disclosed that Leonard Green and CVC Capital Partners had offered to buy the...