Family Dollar Stores (FDO) Misses Q1 EPS by 18c
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Family Dollar Stores (FDO) Remains on CreditWatch Negative; Qtr. Results Highlight Segment Challenges - S&P
January 8, 2015 12:41 PM ESTStandard & Poor's Ratings Services today said its 'BBB-'corporate credit and other ratings on Family Dollar Stores Inc. remain on CreditWatch with negative implications, where we placed them on July 28, 2014, following the release of lackluster first quarter fiscal 2015 earnings. Family Dollar remains the subject of two separate takeover bids from competitors.
"Most measurements for Family Dollar's performance were down--the company posted a 47% decline in first quarter earnings, with a 0.4%... More
