Key Developments: Family Dollar Stores Inc (FDO.N)

FDO.N on New York Stock Exchange

79.70USD
19 Aug 2014
Price Change (% chg)

$-0.11 (-0.14%)
Prev Close
$79.81
Open
$79.90
Day's High
$80.10
Day's Low
$79.62
Volume
634,939
Avg. Vol
507,807
52-wk High
$80.10
52-wk Low
$55.64

Search Stocks

Latest Key Developments (Source: Significant Developments)

Dollar General makes proposal to acquire Family Dollar Stores Inc for $78.50 per share
Monday, 18 Aug 2014 06:10am EDT 

Dollar General Corp:Says it has made proposal to acquire Family Dollar Stores, Inc for $78.50 per share in cash, in transaction valued at $9.7 bln.Dollar General's all-cash proposal of $78.50 per share would provide Family Dollar shareholders with substantially superior valuation to the $74.50 per share cash / stock offer announced by Dollar Tree, Inc. on July 28.Goldman, Sachs & Co. is acting as financial advisor to Dollar General and Simpson Thacher & Bartlett LLP is acting as its legal counsel.  Full Article

Dollar Tree to acquire Family Dollar Stores, Inc.
Monday, 28 Jul 2014 06:00am EDT 

Dollar Tree Inc and Family Dollar Stores, Inc:Enters into a definitive merger agreement under which Dollar Tree will acquire Family Dollar in a cash and stock transaction.Value of the consideration is $74.50 per share, a 22.8 pct premium over Family Dollar's closing price as of July 25.Transaction expected to close by early 2015.J.P. Morgan Securities LLC acted as exclusive financial advisor to the board of directors of Dollar Tree, and J.P. Morgan Chase Bank, N.A. committed to provide bridge financing for the transaction.Wachtell, Lipton, Rosen & Katz and Williams Mullen acted as legal counsel to Dollar Tree in connection with the transaction. Morgan Stanley & Co. LLC acted as exclusive financial advisor.  Full Article

Family Dollar Stores Inc reaffirms Q4 2014 EPS outlook, reaffirms comparable store sales outlook; narrows FY 2014 EPS outlook
Thursday, 10 Jul 2014 07:30am EDT 

Family Dollar Stores Inc:Sees Q4 2014 comparable store sales will be about flat.Q4 2014 earnings per diluted share will be between $0.75 and $0.85, excluding about $0.37 related to restructuring charges.Including the restructuring charges, the company expects earnings per diluted share will be between $0.38 and $0.48.Expects FY 2014 earnings per diluted share will be between $3.07 and $3.17, excluding about $0.51 per share related to restructuring charges.Including the restructuring charges, the company expects earnings per diluted share will be between $2.56 and $2.66.Q4 2014 EPS of $0.78 - Thomson Reuters I/B/E/S.FY 2014 EPS of $3.38 - Thomson Reuters I/B/E/S.  Full Article

Family Dollar declares regular quarterly dividend
Monday, 2 Jun 2014 05:04pm EDT 

Family Dollar Stores Inc:Declared a regular quarterly cash dividend of $0.31 per share.Payable on July 15, to shareholders of record on June 13.  Full Article

Family Dollar Stores Inc lowers FY 2014 EPS outlook; gives Q3 2014 EPS outlook below analysts' estimates; gives Q4 2014 EPS outlook; announces immediate strategic actions
Thursday, 10 Apr 2014 07:00am EDT 

Family Dollar Stores Inc:Expects Q3 2014 comparable store sales will decline in the low-single-digit range.Expects Q3 2014 earnings per diluted share will be between $0.85 and $0.95 per share, excluding about $0.13 per share related to restructuring charges.Expects Q3 2014 earnings per diluted share will be between $0.72 and $0.82, including the restructuring charges.Expects Q4 2014 comparable store sales to be flat to up slightly.Expects Q4 2014 earnings per diluted share to be between $0.75 and $0.85, excluding about $0.37 related to restructuring charges.Expects Q4 2014 earnings per diluted share will be between $0.38 and $0.48, including the restructuring charges.Expects FY 2014 earnings per diluted share will be between $3.05 and $3.25, excluding about $0.50 per share related to restructuring charges.Expects FY 2014 earnings per diluted share will be between $2.55 and $2.75, including the restructuring charges.Q3 2014 EPS of $0.97 - Thomson Reuters I/B/E/S.Q4 2014 EPS of $0.83 - Thomson Reuters I/B/E/S.FY 2014 EPS of $3.38 - Thomson Reuters I/B/E/S.To reduce corporate overhead and re-aligning key organizational functions to improve execution and reinforce the company's commitment to being an efficient, low-cost retailer.To close about 370 under performing stores in the second half of 2014.  Full Article

Family Dollar Stores Inc declares regular quarterly dividend
Monday, 3 Mar 2014 06:01pm EST 

Family Dollar Stores Inc:Declares a regular quarterly cash dividend on the company's common stock of $0.31 per share, payable April 15, 2014, to shareholders of record at the close of business on March 14, 2014.  Full Article

Family Dollar Stores Inc increases regular quarterly dividend by 19.2 pct
Thursday, 16 Jan 2014 01:25pm EST 

Family Dollar Stores Inc:Says its Board of Directors has increased the amount of the regular quarterly dividend payment to $0.31 per share, an increase of 19.2 pct from the preceding quarterly cash dividend of $0.26 per share.Says the increase will be effective with the declaration of the next quarterly dividend.  Full Article

Family Dollar Stores Inc announces resignation of president-Form 8-K
Thursday, 9 Jan 2014 09:17am EST 

Family Dollar Stores Inc:Says Michael K. Bloom, President and Chief Operating Officer, left the company to pursue other interests.Says Bloom left the company on Jan. 8.  Full Article

Family Dollar Stores Inc lowers FY 2014 EPS guidance; gives Q2 2014 EPS guidance; comments on Q2 2014 comparable store sales guidance
Thursday, 9 Jan 2014 07:10am EST 

Family Dollar Stores Inc:Says for Q2 2014, it expects comparable store sales to decline in the low single digit range and that earnings per diluted share will be between $0.85 and $0.95 per share.Says FY 2014 earnings per diluted share to be between $3.25 and $3.55.EPS of $1.21 for Q2 2014 and EPS of $3.98 for FY 2014 - Thomson Reuters I/B/E/S Estimates.  Full Article

Family Dollar Stores Inc declares regular quarterly dividend
Monday, 2 Dec 2013 04:46pm EST 

Family Dollar Stores Inc:Says its board of directors has declared a regular quarterly cash dividend on its common stock of $0.26 per share.Says dividend to be paid on Jan. 15, 2014, to shareholders of record date on Dec. 13.  Full Article

Photo

Exclusive: Icahn says Family Dollar wasting over $300 million in breakup fees

NEW YORK - Billionaire activist investor Carl Icahn told Reuters late Monday that efforts by Family Dollar’s board to fend off competing bids in favor of a deal with Dollar Tree have resulted in more than $300 million being needlessly spent on breakup fees.

Search Stocks