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Dollar General Corp. (NYSE:DG)’s $9 Billion Family Dollar Takeover Bid Enthuses Investors

Boston, MA 08/19/2014 (wallstreetpr) – Dollar General Corp. (NYSE:DG) defied all odds to come up with a whopping $9 billion takeover bid for Family Dollar Stores, Inc. (NYSE:FDO), surpassing Dollar Tree, Inc. (NASDAQ:DLTR)’s $8.5 billion bid. The valuation doesn’t include the amounts pertaining to outstanding debts! Share Movement The newly inducted takeover bid pushed DG’s […]

Wal-Mart Stores, Inc. (NYSE:WMT) Struggling To Keep Pace With The Tough Market Conditions

Boston, MA 08/18/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) and other retail players are having a tough time in facing the challenges posed by the slowing industry. The weak store traffic and the higher health costs are leading to poor performance of the Wal-Mart stores. The trend was visible in the quarterly results where the […]

Must-Follow Stocks: Wal-Mart Stores, Inc. (NYSE:WMT), Corning Incorporated (NYSE:GLW), The Western Union Company (NYSE:WU), Medtronic, Inc. (NYSE:MDT)

Boston, MA 08/12/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) doesn’t come across as an interesting stock in the eyes of analysts at Jefferies Group, no wonder they slashed their target price on the stock to $76 from $89. That move had a corresponding effect on the market as investors betted against WMT, sending the stock […]

Dollar General Corp. (NYSE:DG) In Search of New Store Locations and Keeping its Brand Intact

Boston, MA 07/29/2014 (wallstreetpr) – Dollar General Corp. (NYSE:DG) announced opening of a new store in East Cocalico Township, Lancaster County Pennsylvania. The opening extravaganza will include the first 50 shoppers being gifted  $10 Dollar General gift cards and the first 200 shoppers will be gifted its trademark tote bags. Plan a New Store in […]

EMC Corporation (NYSE:EMC) In A Tough Spot While Wal-Mart Stores, Inc. (NYSE:WMT): Playing Its Best Cards And Seaspan Corporation (NYSE:SSW) Waiting For A Toss Up

Boston, MA 07/22/2014 (wallstreetpr) – A leading data storage, solutions and services provider in IT sector, EMC Corporation (NYSE:EMC) is facing a tough choice. EMC’s fifth largest shareholder, Eliott Management Corporation with around 2% stake is persuading EMC to spin off VMware, Inc. (NYSE:VMW). EMC is a holder of nearly 80% of VMW, having market […]

Wal-Mart Stores, Inc. (NYSE:WMT) Move Betrays Apple Inc (NASDAQ:AAPL)

Boston, MA 06/27/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) starts offering Apple Inc (NASDAQ:AAPL) phones at reduced prices today. The company announced that it would reduce the cost of iPhone 5C and iPhone 5S in a move that that seems to betray the rumored iPhone 6. The retailer said iPhone 5C will cost $29, down […]

Wal-Mart Stores, Inc. (NYSE:WMT) Pours More Money In Food Safety In China

Boston, MA 06/19/2014 (wallstreetpr) – The American retail giant, Wal-Mart Stores, Inc. (NYSE:WMT) intends to pour more money in food safety measures in China. Last year the company had announced an investment of 100 million Yuan for food safety measures over three years through 2015. For the same period now, Walmart is increasing its investment to […]

Wal-Mart Stores, Inc. (NYSE:WMT) Tripling Spending on Food Safety in China

Boston, MA 06/17/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) has announced it is tripling its spending on food safety in china to 300 million Yuan from 100 million Yuan amid intensified scrutiny of its operations in the country from officials. The retail store expects the increased funding to go towards additional food testing and supplier audits. […]

American Realty Capital properties Inc (NASDAQ:ARCP) To Sell 76 Shopping Centers In A $1.98 Billion Deal

Boston, MA 06/17/2014 (wallstreetpr) – American Realty Capital properties Inc (NASDAQ:ARCP) plans to sell as many as 76 shopping centers to a joint venture of an affiliate of Blackstone Real Estate Partners VII and DDR Corp. Joint Venture The joint venture has entered into a sale and purchase agreement to buy the portfolio in a […]

Wal-Mart Stores, Inc. (NYSE:WMT) Aims At Three Principles To Grow

Boston, MA 06/10/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT)’ CEO Doug McMillon outlined the core ways to maintain its position in the competitive retail industry during its shareholders’ meeting. It comprised up three factors: customer driven, investment on employees and advances over innovation and technology. Customer driven approach In the retail industry, the purchasing habits […]

Johnson & Johnson (NYSE:JNJ) Loses Money In China, Jumps Into Another Problem In Chicago

Boston, MA 06/06/2014 (wallstreetpr) – The year 2014 does not seem to be an easy one for the world’s biggest healthcare products maker Johnson & Johnson (NYSE:JNJ), at least going by the recent developments.  While the company’s ability to generate profits is hard to dismiss, JNJ is somewhat under siege and may end up losing its […]

The Procter & Gamble Company (NYSE:PG) To Reduce Environmental Impact

Cost cutting to go hand in hand with environmental concerns Boston, MA 06/02/2014 (wallstreetpr) – Procter & Gamble Company (NYSE:PG) will be looking to reduce $10 billion in costs in the next two years. In order to do this, the company will be reducing its workforce by three thousand by 2016. It is also in […]

Wal-Mart Stores, Inc. (NYSE:WMT) Earmarks $93 Million For 30 New Stores In China This Year

Boston, MA 05/30/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) has its eyes fixed on growth. The company is not only seeking a big online presence, but also expanding land-based locations in promising markets such as China. In the latest move, the retailer has announced plans to increase investment in the communist nation over the next three […]

Poor Sales Drives Sears Holdings Corp (NASDAQ:SHLD) To Sell Off Sears Canada Inc (TSE:SCC)

Boston, MA 05/27/2014 (wallstreetpr) – Sears Holdings Corp (NASDAQ:SHLD)’s efforts to lure buyers with huge discounts falls flat as the retailer posts higher losses in the first quarter. The retail company is struggling to attract more sales and had announced heavy discounts in its efforts. However, the results of the first quarter show that its […]

Unilever plc (ADR) (NYSE:UL) Mulls $150 Million New Factory Investment In Kenya

Boston, MA 05/19/2014 (wallstreetpr) – The fast moving consumer goods company, Unilever plc (ADR) (NYSE:UL), intends to invest about $150 million in a new factory in Kenya, a move aimed at boosting the company’s production capacity. That will be the largest investment in Africa, according to the company’s EVP East Africa and Emerging Markets, Marc Engel. […]

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