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Fred's Inc (FRED.OQ)

FRED.OQ on NASDAQ Stock Exchange Global Select Market

3.65USD
14 Dec 2017
Change (% chg)

$-0.30 (-7.59%)
Prev Close
$3.95
Open
$3.97
Day's High
$4.00
Day's Low
$3.57
Volume
424,547
Avg. Vol
246,200
52-wk High
$21.77
52-wk Low
$3.57

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Wed, Dec 6 2017

Fred's shares hit 18-year low after company pulls dividend

Discount store operator Fred's Inc said on Wednesday it had canceled its quarterly cash dividend and was exploring alternatives for some of its assets, sending its shares plunging 25 percent to their lowest in more than 18 years.

UPDATE 1-Fred's pulls dividend, says exploring options for some assets

Dec 6 Discount store operator Fred's Inc canceled its quarterly cash dividend on Wednesday, and said it was exploring alternatives for its real estate and specialty pharmacy business.

BRIEF-Fred's Reports Q3 Same Store Sales Fell 0.8 Percent

* -COMP STORE SALES IN Q3 OF 2017 INCLUDED NEGATIVE 36 BPS IMPACT AS RESULT OF SALE OF LOW PRODUCTIVE DISCONTINUED INVENTORY VERSUS Q3 OF 2016

Fred's cancels dividend, says exploring options for some assets

Dec 6 Discount store operator Fred's Inc canceled its quarterly cash dividend on Wednesday and said it was exploring alternatives for its real estate and specialty pharmacy business.

BRIEF-Fred’s Announces Cancellation Of Dividend, Review Of Alternatives For Certain Non-Core Assets

* FRED’S INC. ANNOUNCES THE CANCELLATION OF THE DIVIDEND, AN UPDATE TO THE SHARE REPURCHASE PROGRAM AND A REVIEW OF ALTERNATIVES FOR CERTAIN NON-CORE ASSETS

BRIEF-Fred's Inc amends short-term shareholder rights plan

* Fred’S, Inc. amends short-term shareholder rights plan to protect the ability to utilize net operating losses

BRIEF-Fred's Inc names Heath Freeman chairman of the board

* Fred's Inc - ‍Freeman succeeds Thomas Tashjian, who is retiring from board​ Source text for Eikon: Further company coverage:

BRIEF-Fred's Pharmacy qtrly ‍loss per share $0.78​

* Q2 earnings per share view $-0.19, revenue view $507.4 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

BRIEF-Fred's August same store sales fell 0.5 percent

* Fred's Inc - ‍comparable store sales for August negatively impacted by continued increase in generic dispensing rate

BRIEF-Fred's appoints Heath Freeman to board of directors

* fred’s, inc. Announces appointment of heath freeman to board of directors

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