Jefferies Cuts Price Target on Dollar General (DG) to $78 Following 2Q Report
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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
BMO Capital Downgrades Dollar General (DG) to Market Perform
August 26, 2016 6:48 AM EDTBMO Capital downgraded Dollar General (NYSE: DG) from Outperform to Market Perform with a price target of $78.00 (from $95.00).
For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.
Shares of Dollar General closed at $75.61 yesterday.
... MoreTelsey Upgrades Dollar General (DG) to Market Perform
August 26, 2016 6:47 AM EDTTelsey upgraded Dollar General (NYSE: DG) from Outperform to Market Perform with a price target of $84.00 (from $102.00).
For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.
Shares of Dollar General closed at $75.61 yesterday.
... MoreJPMorgan Downgrades Dollar General (DG) to Neutral
August 25, 2016 2:11 PM EDTJPMorgan downgraded Dollar General (NYSE: DG) from Overweight to Neutral with a price target of $83.00 (from $92.00).
For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.
Shares of Dollar General closed at $91.79 yesterday.
... MoreDollar General takes the battle to Wal-Mart with price cuts
August 25, 2016 1:17 PM EDTBy Sruthi Ramakrishnan
(Reuters) - Discount retailer Dollar General Corp (NYSE: DG) said it was cutting prices on its most popular items such as bread, eggs and milk, intensifying a price war with retail giant Wal-Mart Stores Inc (NYSE: WMT) to win back market share.
Dollar General's shares fell as much as 14 percent on Thursday after the company reported quarterly sales below estimates, blaming aggressive competition, lower food prices and a reduction of food stamp coverage in several U.S. states.
Larger rival Dollar Tree Inc (NASDAQ:... More
Credit Suisse Downgrades Dollar General (DG) to Neutral
August 25, 2016 1:04 PM EDTCredit Suisse downgraded Dollar General (NYSE: DG) from Outperform to Neutral with a price target of $80.00 (from $95.00) on weak outlook as headwinds intensify.
Analyst Edward Kelly commented, ": DG's impressive stock run looks to be over sooner than we anticipated, as Q2 results signal a material deceleration in earnings... More
Unusual 11 Mid-Day Movers 8/25: (AEPI) (GES) (VNDA) Higher; (PVCT) (DG) (SIG) Lower
August 25, 2016 12:48 PM EDTProvectus Biopharmaceuticals, Inc. (NYSE: PVCT) 46.8% LOWER; announced the pricing of a "best efforts" public offering of 240,000 shares of Series B Convertible Preferred Stock (which are initially convertible into an aggregate of 24,000,000 shares of common stock) and warrants initially exercisable to purchase an aggregate of 24,000,000 shares of common stock with a public offering price of $25.00 for a combination of one share of Series B Convertible Preferred Stock and a warrant to purchase one share of common stock.
Pre-Open Stock Movers 08/25: (AEPI) (NYMX) (GES) (TLYS) Higher; (SIG) (DG) (DLTR) Lower (more...)
August 25, 2016 9:23 AM EDTToday's Pre-Open Stock Movers
AEP Industries (NASDAQ: AEPI) 42% HIGHER; Berry Plastics Group, Inc. (NYSE: BERY) and AEP Industries (NASDAQ: AEPI) have entered into a definitive merger agreement under which Berry will acquire all of the outstanding shares of AEP in a cash and stock transaction. Aggregate consideration will be $765 million, including AEPs net debt. Each AEP shareholder will elect to receive either $110 in cash or 2.5011 shares of Berry common stock per AEP share in the transaction, subject to... More
Wall St. slips on healthcare, consumer names; Fed eyed
August 25, 2016 9:10 AM EDTBy Chuck Mikolajczak
NEW YORK (Reuters) - U.S. stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Federal Reserve officials pushed the case for a rate hike.
Healthcare stocks , down 0.8 percent, came under pressure for a second straight day. St. Jude Medical (NYSE: STJ) shares fell 5 percent after short-selling firm Muddy Waters said it bet that the shares would fall because of cyber security vulnerabilities in the company's cardiac devices.
Mylan NV (NASDAQ:... 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
Dollar General (DG) August weekly volatility increases into Q2 and outlook
August 24, 2016 3:21 PM EDTDollar General (NYSE: DG) August weekly call option implied volatility is at 74, September is at 28, compared to its 52-week range of 18 to 37 into the expected release of Q2 results on August 25.
... MoreTrading Radar for 8/25: Sears (SHLD), Dollar General (DG), JinkoSolar (JKS), Tiffany (TIF), Signet (SIG) Report
August 24, 2016 3:15 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
1-800-FLOWERS.Com (Nasdaq: FLWS) - consensus loss $0.14
Burlington Stores (NYSE: BURL) - consensus EPS $0.30... More