UBS Reiterates Buy on Dollar Tree (DLTR) Following 3Q - PT to $100

Dollar Tree (DLTR) PT Raised to $117 at Buckingham Research Post Q3

November 22, 2016 4:29 PM EST

Buckingham Research analyst John Zolidis reiterated a Buy rating and raised his price target on Dollar Tree (NASDAQ: DLTR) to $117.00 (from $106.00) following Q3 results. The new price target suggests 30% upside from current levels.

Zolidis commented, "Core Dollar Tree continues to perform well, reporting... More

Pre-Open Stock Movers 11/22: (AVXL) (BURL) (SIG) Higher; (PDCO) (PANW) (DY) Lower (more...)

November 22, 2016 9:23 AM EST

Today's Pre-Open Stock Movers:

Anavex Life Sciences Corp. (Nasdaq: AVXL) 21.9% HIGHER; announced a positive 41-week update from its Phase 2a study in mild-to-moderate Alzheimers disease (AD) patients for ANAVEX 2-73, which targets cellular homeostasis. At 41 weeks, Alzheimers patients taking a daily oral dose of ANAVEX 2-73 in the exploratory, not yet dose optimized Phase 2a clinical trial, showed a stabilization of cognitive and functional measures. This data of stabilization is promising since... More

Dollar Tree's profit beats as Family Dollar purchase pays off

November 22, 2016 7:57 AM EST

By Sruthi Ramakrishnan

(Reuters) - Dollar Tree Inc (NASDAQ: DLTR), the biggest U.S. dollar-store chain after its acquisition of Family Dollar in 2015, reported a better-than-expected quarterly profit, benefiting from improved economies of scale and a more efficient transport network.

Shares of the company, whose same-store sales also beat expectations, jumped as much as 11.5 percent on Tuesday.

Dollar-stores such as Dollar Tree and Dollar General Corp (NYSE: DG) have been expanding aggressively in recent years, taking market share from Wal-Mart Stores Inc (NYSE:... More

Wall Street extends record streak, Dow breaks 19,000 for first time

November 22, 2016 7:36 AM EST

By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks extended their post-U.S. election rally on Tuesday with moderate gains that pushed the Dow above 19,000 for the first time and the three major indexes to record closing levels for a second straight day.

The S&P 500 ended above 2,200, led by gains in telecommunications , up 2.1 percent, and consumer discretionaries , up 1.2 percent. The small-cap Russell 2000 index also set another record high close.

Stocks have mostly rallied since the Nov. 8 election. Investors see President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less... More

Dollar Tree (DLTR) Tops Q3 EPS by 3c; Updates FY16 Outlook

November 22, 2016 7:33 AM EST

Dollar Tree (NASDAQ: DLTR) reported Q3 adjusted EPS of $0.81, versus the analyst estimate of $0.78. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.08 billion.

Same-store sales increased 1.7%, on a constant currency basis, compared to a 2.1% increase in the... More

Stocks with Implied Volatility Movement

November 22, 2016 5:09 AM EST

Dollar Tree (NASDAQ: DLTR) implied volatility index movement increasing vs. 30D HV

... More

Trading Radar 11/22: HP, Inc. (HPQ), Dollar Tree (DLTR), Signet Jewelers (SIG), Barnes & Noble (BKS), Nimble Storage (NMBL) Report

November 21, 2016 2:18 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

American Woodmark (Nasdaq: AMWD) - consensus EPS $1.17
Analog Devices (Nasdaq: ADI) - consensus EPS $0.89
Azure Power (Nasdaq: AZRE) - no Street consensus
Barnes & Noble (NYSE: BKS) - consensus loss $0.34
Burlington Stores (NYSE:... More