Dollar General (DG) August weekly volatility increases into Q2 and outlook
- Stocks hit by tech slide; yen flails at intervention zone
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Jefferies Cuts Price Target on Dollar General (DG) to $78 Following 2Q Report
August 26, 2016 10:04 AM EDTJefferies maintained a Hold rating on Dollar General (NYSE: DG), and cut the price target to $78.00 (from $96.00), following the company's 2Q earnings report. Same store sales increased 0.7%, short of the Street's expectation for +2.7%. EPS of $1.08 was a penny short of Street expectation.
Analyst... More
UBS Cuts Price Target on Dollar General (DG) to $91; Reiterates Buy
August 26, 2016 8:07 AM EDTUBS maintained a Buy rating on Dollar General (NYSE: DG), and cut the price target to $92.00 (from $101.00), following the company's 2Q earnings report.
Analyst Michael Lasser commented, "While it was convenient for the market to try and pin DGs slower SSS... More
Dollar General (DG) Declares $0.25 Quarterly Dividend; 1.1% Yield
August 25, 2016 6:56 AM EDTDollar General (NYSE: DG) declared a quarterly dividend of $0.25 per share, or $1 annualized.
The dividend will be payable on September 28, 2016, to stockholders of record on September 14, 2016, with an ex-dividend date of September 12, 2016.
The annual yield on the dividend is 1.1 percent.
For... More
Dollar General (DG) Misses Q2 EPS by 1c; Approves $1B Common Stock Buyback Program
August 25, 2016 6:56 AM EDTDollar General (NYSE: DG) reported Q2 EPS of $1.08, $0.01 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $5.39 billion versus the consensus estimate of $5.5 billion.
Same-store sales increases were driven by positive results in the consumables category accompanied by... More