Distribuidora Internacional de Alimentacion SA And Its Turkish Partner Complete Sale Of 100% Stake In Diasa Dia Sabanci Supermarketleri Ticaret AS To Yildiz Holding And SOK Marketler Ticaret

Distribuidora Internacional de Alimentacion SA announced that on July 1, 2013, the Company and its Turkish partner Haci Omer Sabanci Holding AS completed the sale of 100% stake in Diasa Dia Sabanci Supermarketleri Ticaret AS to Yildiz Holding AS and SOK Marketler Ticaret AS. As a result, the Company...

Monday, 1 Jul 2013 01:06pm EDT

Target Corp Increases Regular Quarterly Dividend By 19%

Target Corp announced that it has declared a quarterly dividend of $0.43 per common share, representing a 19.4% increase from the prior quarterly dividend of $0.36. The dividend is payable September 10, 2013 to shareholders of record at the close of business August 21, 2013.

Wednesday, 12 Jun 2013 01:00pm EDT

Office Depot Inc Announces Sale Of Joint Venture Stake In Office Depot De Mexico To Grupo Gigante SAB de CV

Office Depot Inc announced that it has reached a definitive agreement to sell 50% stake in Latin American Joint Venture Office Depot de Mexico S.A. de C.V. to Grupo Gigante, S.A.B. de C.V. for the Mexican Peso amount of 8,777.36 million in cash. After the transaction closes, Grupo Gigante, S.A.B. de...

Tuesday, 4 Jun 2013 08:00am EDT

Grupo Gigante SAB de CV To Acquire Remaining 50% Stake In Office Depot de Mexico

Grupo Gigante SAB de CV announced that on June 3, 2013 it concluded the negotiations with Office Depot Inc to acquire the remaining 50% stake in Office Depot de Mexico. Consequently, the Stock Purchase and Transaction Agreement was signed. The price of the operation was set at MXN 8,777.36 million....

Tuesday, 4 Jun 2013 07:55am EDT

Dollar General Corp Lowers High End Of FY 2013 Revenue And EBIT Guidance; Lowers FY 2013 EPS Guidance; Lowers High End Of Prior FY 2013 Same Store Sales Guidance

Dollar General Corp announced that for fiscal 2013, it expects total sales to increase 10% to 11% over the 2012. Same-store sales are expected to increase 4% to 5%. Adjusted operating profit for fiscal 2013 is expected to be in the range of $1.73-$1.77 billion. Diluted earnings per share (EPS) for...

Tuesday, 4 Jun 2013 07:00am EDT

Fred's Inc Comments On Q2 Revenue Outlook; Issues Q2 2013 EPS Outlook Below Analysts' Estimates; Comments On Comparable Store Sales Outlook, Issues FY 2013 EPS Outlook In Line With Analysts' Estimates

Fred's Inc announced that for second quarter of 2013, it expects total sales to increase in the range of 2% to 4%, comparable store sales to be approximately flat, earnings per diluted share to be in the range of $0.06 to $0.09. For fiscal 2013, it expects total earnings per diluted share for 2013...

Thursday, 30 May 2013 07:45am EDT

Kitanotatsujin Corp to Establish Subsidiary

Kitanotatsujin Corp announced that it will establish a wholly owned subsidiary in Sapporo, Japan, which will be engaged in manufacture and sale of cosmetics, in June 2013.

Wednesday, 29 May 2013 02:30am EDT

Watts Co Ltd to Sell Shares in Subsidiary to Central Department Store Limited

Watts Co Ltd announced that it will sell 612,000 shares (a 51% stake) in a wholly owned subsidiary Thai Watts Co.,Ltd. to Central Department Store Limited, for THB 38 million on May 31, 2013. As a result, Thai Watts will be a joint venture between the two companies with Watts Co Ltd holding a 49%...

Monday, 27 May 2013 05:00am EDT

TJX Companies Inc And Other Retailers Sue Visa Inc, MasterCard Inc Over Card Fees-Reuters

Reuters reported that Macy's Inc and Target Corp have sued Visa Inc. and MasterCard Inc, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions. The lawsuit, filed in U.S. District Court in Manhattan, came ahead of a May 28 deadline for...

Thursday, 23 May 2013 01:27pm EDT

Target Corp And Other Retailers Sue Visa Inc, MasterCard Inc Over Card Fees-Reuters

Reuters reported that Macy's Inc and Target Corp have sued Visa Inc. and MasterCard Inc, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions. The lawsuit, filed in U.S. District Court in Manhattan, came ahead of a May 28 deadline for...

Thursday, 23 May 2013 01:27pm EDT

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