Market Currents

• Wednesday, October 7, 2009

• 09:00 AM Premarket gainers: WYN +8%. FDO +5%. VIZ +4%. VG +4%.
  Losers: AAI -13%. GRS -6%. Comment!
• 07:08 AM Family Dollar Stores (FDO): FQ4 EPS of $0.43 beats by $0.02. Revenue of $1.81B (+2.5%) in-line. Gross profit as a percentage of sales rose to 34.8% from 33.6% last year. Co. ends year with $439M in cash vs. $158M a year ago. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: COST, FDO, MON, SU 1 Comment

• Monday, September 14, 2009

• 10:25 AM With aging baby boomers and forecasts that the over-65 population will double by 2030, companies like Walgreen (WAG), Rite Aid (RAD) and Family Dollar (FDO) are rethinking their store layouts to accommodate older shoppers. 1 Comment

• Thursday, September 3, 2009

• 09:51 AM Retailers' same-store sales fell for the 12th straight month (I, II, III, IV, V), but results at Target (TGT +1.4%), Kohl's (KSS +1.5%) and Gap (GPS +5%) topped analyst expectations. Weak spots included Abercrombie & Fitch (ANF -3.8%) and Family Dollar Stores (FDO -8.4%). Still, the decline was smaller than July's. SPDR S&P Retail ETF (XRT) is +0.5% to $31.36. 4 Comments
• 09:00 AM Premarket gainers: CRIS +20%. SVA +20%. HCLS +16%. FNM +12%. VICL +12%. DLM +11%. FRE +11%. CIT +7%. AIG +7%. AIB +6%. INO +6%. ABK +6%. ING +6%. ASX +6%. LYG +5%. AEO +5%. COST +5%. GPS +5%. RCL +5%. SOL +5%. NOK +5%. GNW +4%. RBY +4%. ANO +4%. HGSI +4%. DB +4%. ESLR +4%. MT +4%. SPPI +4%. DHT +4%.
  Losers: HOV -10%. FDO -8%. TSEM -7%. VG -5%. ANF -4%. Comment!

• Wednesday, July 8, 2009

• 09:00 AM Premarket gainers: AMGN +16%. MSCS +12%. FDO +8%. RFMD +7%. LVS +6%. DRYS +5%. AMLN +4%.
  Losers: XNPT -13%. AIB -5%. AIG -4%. CTIC -4%. Comment!
• 07:05 AM Family Dollar Stores (FDO): Q3 EPS of $0.62 beats by $0.03. Revenue of $1.8B (+8.3%) in-line. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: FDO, PBG Comment!

• Wednesday, April 8, 2009

• 07:19 AM Family Dollar Stores (FDO): FQ2 EPS of $0.60 in-line. Revenue of $1.99B (+8.7%) in-line. Sees FQ3 EPS of $0.54-0.58 vs. $0.50. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: FDO, RPM, SGR, STZ
    Comment!

• Thursday, March 5, 2009

• 15:06 PM S&P leaders: CIEN +13.5%. FDO +13%. ADBE +4.5%. NEM +4%. MO +4%. Laggards: HIG -25%. MI -23%. MET -22%. USB -20%. LNC -19%. LIZ -18%. GM -18%. PRU -18%. PFG -17%. EK -17%. STT -17%. AA -17%. WFC -17%. COF -16%. SLM -16%. Comment!
• 09:01 AM Premarket gainers: SAY +11%. ADBE +10%. FDO +8.5%. LM +7%. AUY +5%. NXG +4%. WMT +3%. CIEN +3%. Comment!
• 08:08 AM SSS #2: Costco (COST) -3.0% in-line. Zumiez (ZUMZ) -13.4% vs. -12.3%. American Eagle (AEO) -7.0% vs. -13.7%. Bon-Ton Stores (BONT) -8.5%. Stein Mart (SMRT) -12.2%. Wal-Mart (WMT) +5.1% vs. +2.4%. Family Dollar Stores (FDO) +6.4% vs. +3.7%. Comment!
• 07:56 AM Family Dollar Stores (FDO): Sees FQ2 EPS of $0.59-0.61 vs. consensus of $0.51, and revenue of $1.99B vs. $1.94B. Feb. same-store sales of +6.4% vs. consensus of +3.7%. Shares +7.3% premarket. (PR) Comment!

• Wednesday, January 7, 2009

• 09:18 AM Premarket gainers: PLCM +9.6%. FDO +9%. MON +9%. HMC +9%. SNE +5%. SYT +5%. NG +5%. RMBS +4%. BCS +3%. Comment!