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Fred's Inc (FRED.O)

FRED.O on Nasdaq

14.72USD
28 Apr 2017
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Mon, Apr 24 2017

BRIEF-Fred's Inc provides update on agreement with Alden

* Fred's Inc- cooperation agreement with Alden provides 1 alden designee will resign from board if Alden's ownership falls below 10 pct of outstanding shares

BRIEF-Fred's says appointed Steven B. Rossi and Timothy A. Barton to its board

* Says appointed Steven B. Rossi and Timothy A. Barton to its board of directors, effective immediately

BRIEF-Fred's appoints Linda Longo-Kazanova to board

* Fred's announces appointment of Linda Longo-Kazanova to board of directors

BRIEF-Walgreens to sell more assets to win Rite Aid nod - Bloomberg

* Walgreens said ready to sell more assets to win Rite Aid nod - Bloomberg, citing sources

BRIEF-Alden issues statement in response to Fred's announced board changes

* Alden issues statement in response to fred's announced board changes

BRIEF-Fred's Pharmacy says appoints new directors

* Two independent directors and chief executive officer Michael K. Bloom appointed

BRIEF-Fred's February sales fell 3.5 percent to $165.4 million

* Fred's Inc says "looking ahead to march and remainder of Q1, we expect customer spending will continue to increase as tax refunds are received" Source text for Eikon: Further company coverage:

BRIEF-Adage capital partners reports 5.56 pct passive stake in Fred's Inc

* Adage Capital Partners L.P. reports 5.56 percent passive stake in Fred's Inc as on February 21, 2017 Source text:(http://bit.ly/2lSOCcj) Further company coverage:

BRIEF-Fred's Pharmacy declares quarterly dividend of $0.06/shr

* Fred's Pharmacy declares quarterly cash dividend of $0.06 per share Source text for Eikon: Further company coverage:

BRIEF-Fred's Pharmacy announces senior management appointments

* Fred's-Names Gregory Froton Senior VP, merchandising, general merchandise; names Kimberley Felice-Dooley as Senior VP, merchandising - consumables Source text for Eikon: Further company coverage:

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