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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993Read More...U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Wal-Mart's Woes In Attracting Clients No Different From Luxury Retailers
Tuesday, August 19, 2014 - 4:29pm | 743Read More...When asked to comment on how the retailer's core customer is adapting to the challenging economy, Wal-Mart's (NYSE: WMT) former president and CEO of Wal-Mart U.S. Bill Simon told Reuters, “We've reached a point where it's not getting any better, but it's not getting...
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929Read More...U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462Read More...U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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Big Lots Underwhelms in Pre-Announcement, Family Dollar Loses Vice Chair
Tuesday, April 24, 2012 - 3:04pm | 538Read More...Close-out stores are finding it difficult to compete in today's market, as Big Lots (NYSE: BIG) deflated analyst's expectations with measly numbers and Family Dollar Stores (NYSE: FDO) announced that its vice chair recently resigned. In a time of uncertainty, the retail industry seems to be staying...
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Family Dollar (FDO) Beats Market Expectations: Posts Higher Quarterly Profits
Tuesday, January 12, 2010 - 8:06am | 116Read More...Family dollar (NYSE: FDO) fared well during Year 2009. Family Dollar recently beat market expectations and posted 14% higher Q1 profit figures. Its stock has gained 10% in last 12 months. While talking with CNBC, Howard Levine, Chairman and CEO of Family dollar, discussed his company’s outlook for...
