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Fred's Shares Pull Back After Its Ability To Handle Rite Aid Store Purchase Questioned
Wednesday, December 28, 2016 - 1:35pm | 306Read More...Fred's, Inc. (NASDAQ: FRED), a relatively small discount retailer and full service pharmacy chain, attracted investor attention on December 20 when it agreed to buy hundreds of stores and certain assets from Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD) for $...
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What Prompted Fred's Pharmacy To Take The 'Poison Pill' And Adopt A Shareholder Rights Plan?
Tuesday, December 27, 2016 - 9:54am | 397Read More...Fred's, Inc. (NASDAQ: FRED), the relatively small discount retailer and pharmacy chain, saw its market cap soar from $450 million to $1.3 billion on December 20 after the company announced a blockbuster deal in which it will buy more than 800 retail locations from Walgreens Boots Alliance Inc (...
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The Plot Thickens: Fred's Wins A Big Investor
Friday, December 23, 2016 - 11:00am | 285Read More...Fred's, Inc. (NASDAQ: FRED), a relatively small discount stores and full service pharmacies retailer, shocked investors earlier this week when it announced a blockbuster deal to buy about 800 new retail locations from Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD)....
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High Hopes For Lululemon Earnings, Not So Much For Abercrombie
Sunday, August 28, 2016 - 11:40am | 652Read More...Upcoming earnings highlights include the latest results from two apparel retailers. Wall Street analysts are looking for earnings growth from only one of them. Both have mixed track records recently with beating earnings estimates. The parade of quarterly results from big retailers is winding...
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Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 4:50pm | 3179Read More...U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
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Market Wrap For February 28: Markets Unable To Hold On To Gains
Friday, February 28, 2014 - 5:53pm | 2389Read More...U.S. stocks were mixed despite the S&P 500 hitting new all time highs of 1,867.92. Rumors surrounding Russian military involvement in Ukraine naturally presented investor concerns and fear in the market. The market was boosted by a positive consumer sentiment and a steady existing-home...
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Earnings Expectations For The Week Of November 25: Hewlett-Packard, Tiffany And More
Sunday, November 24, 2013 - 12:34pm | 974Read More...Quarterly reports from Hewlett-Packard (NYSE: HPQ) and Tiffany (NYSE: TIF) will be among the highlights on the earnings front this holiday-shortened week. A handful of other retailers and a couple of Chinese solar companies are scheduled to report as well. Below is a quick look at what analysts...
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Earnings Expectations for the Week of May 27
Sunday, May 26, 2013 - 8:57am | 958Read More...The retail earnings crunch is winding down, with reports from Tiffany & Co. (NYSE: TIF) and Costco Wholesale (NASDAQ: COST) and a sprinkling of others this holiday-shortened week. In fact, the first-quarter earnings season is winding down, so overall things will be pretty quiet on that front...
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Earnings Expectations for the Week of August 20
Monday, August 20, 2012 - 12:33pm | 943Read More...Last week, big-box retailers Walmart (NYSE: WMT) and Home Depot (NYSE: HD) said their earnings and sales rose in the most recent quarter, and they both boosted their full-year earnings per share (EPS) guidance. More earnings reports are due from retailers this week, highlighted by second-quarter...
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Earnings Expectations for the Week of May 21 (BBY, LOW, DELL, HPQ)
Sunday, May 20, 2012 - 9:34am | 990Read More...This earnings season may be starting to wind down, but there are still plenty of quarterly reports on the schedule. This week we will hear from more retailers, including Best Buy (NYSE: BBY), Lowe's (NYSE: LOW) and Tiffany (NYSE: TIF). Tech companies Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE:...
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Wedbush Comments On Fred's Light March Sales
Thursday, April 7, 2011 - 8:07am | 171Read More...According to Wedbush, Fred's (NASDAQ: FRED) March sales were a little light. Wedbush reported that it had forecasted March comps in line with guidance for 1%-3%, as the company expected the positive impact of the five-week month to be more than offset by the shift of Easter sales to April. “On...
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Wedbush Maintains Neutral on Fred's (FRED)
Friday, March 25, 2011 - 7:46am | 134Read More...Wedbush is out with its report today on Fred's (NASDAQ: FRED), maintaining Neutral. In a note to clients, Wedbush writes, "Fred's is executing a successful turnaround through implementing a number of new initiatives to differentiate Fred's for the near and long term. The 'Core Five' program...
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UPDATE: JP Morgan Upgrades Fred's to Overweight (FRED)
Wednesday, February 16, 2011 - 9:23am | 152Read More...JP Morgan is out with its report today on Fred's (NASDAQ: FRED), upgrading FRED from Neutral to Overweight. In a note to clients, JP Morgan writes, "We upgrade shares of Fred's to Overweight from Neutral and raise our December 2011 price target to $17 from $12. Investors could win in two ways with...
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JP Morgan Upgrades Fred's Inc. To Overweight, PT To $17
Wednesday, February 16, 2011 - 8:39am | 28Read More...JP Morgan has upgraded Fred's Inc. (NASDAQ: FRED) from Neutral to Overweight and has raised the price target from $12 to $17.
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Fred's Has 3Q EPS Beat
Wednesday, November 24, 2010 - 9:15am | 100Read More...FRED's (NASDAQ: FRED) beat 3Q EPS guidance according to a Morgan Keegan report published yesterday. FRED's 3Q EPS of $0.20 was ahead of Morgan Keegan/the Street's estimate of $0.18. Morgan Keegan notes higher gross margin and a lower tax rate than expected as the reasons for the beat. Morgan Keegan...
