Family Dollars Stores News

Family Dollar Stores Inc. is opening a new outlet in Leesburg on the east side of U.S. Highway 27, near the U.S. Post Office.

Family Dollar's announcement that it will begin carrying tobacco products has brought a howl of protest from anti-smoking groups.

Widely watched value investor William Ackman touted retailer JC Penney as his top investment idea on Wednesday, one day after the company reported disappointing earnings and its share price sank.

JPMorgan Chase's individual trades that led to the now famous $2 billion loss were not monitored by the Office of the Comptroller of the Currency, which said that it would not expect to be notified about the positions, says a Bloomberg report.

Affiliates of Phoenix-based Cole Real Estate Investments have bought four Class B Family Dollar stores through a $5.8 million sale-leaseback with Family Dollar Stores of Tennessee Inc .

Austin-based NetSpend Holdings Inc. reached an agreement to sell prepaid debit cards at Family Dollar Stores Inc.

Schaeffer's Senior Quantitative Analyst Rocky White wanted to know which stocks have rallied since the market topped on April 2 . "A lot of stocks are up, but many simply gapped on earnings," he said.

PHOTO BY CATHY PALMER Family Dollar's new store sits on the corner of Martin Luther King Jr.

The firm currently has an "overweight" rating on the stock. The analysts wrote, "Importantly, FDO's sales per square foot opportunity is larger than initially thought with the math on closing the DG core stores gap equal to $200+ . From our call, it is clear that new brand introductions to date are just a first step towards broadening FDO's ... (more)

Family Dollar Stores Inc. has announced that it has entered into a strategic partnership with McLane Co.

Family Dollar Stores has entered into a strategic partnership with McLane, a provider of grocery and food service supply chain solutions, to enable the retailer to offer customers a broader selection of merchandise, including refrigerated and frozen food, across the retailer's more than 7,200 locations in 45 states.

The firm currently has an "overweight" rating and a $77.00 price target on the company's shares.