Dollar General's (NYSE: DG) stock price dipped 3% on March 16 after it posted its latest earnings report. For the full year Dollar General's net sales rose 10.6% to $37.8 billion, its same-store sales improved 4.3%, and its diluted EPS grew 5% to $10.68. All three of those growth rates accelerated from fiscal 2021, when it faced tough comparisons to its pandemic-induced growth spurt in fiscal 2020.
Polen Capital, an investment management company, released its “Polen Global Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund increased 8.10% gross and 7.81% net, respectively, trailing the MSCI ACW Index’s 8.20% return. The market dynamics that were in place at the end […]
The zoo has been given the all-clear after police said it appears to be a ‘false call’
Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market profit of more than $25 billion up to Thursday from covering their short positions, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, more than erasing their $14.8 billion in losses so far this year. The current weakness in the market allows them to cover a portion of those heavy losses.
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
Democrats stepped up for the Republican speaker’s foreign aid bills
Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil futures prices of conflict in the Middle East, according to analysts and traders. To date, the conflict has not had a big impact on oil supplies from the Middle East, the world's top producing region. "In the absence of actual supply/production issues this market will struggle to convincingly challenge the annual peaks reached at the end of last week," said Tamas Varga of oil broker PVM.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
The prime minister said it was a “moral mission” to reform the welfare system
Trucking companies were shaken as J.B. Hunt reported earnings results rocked the industry. The company's chief executive also gave a warning.
A cocktail of interest rate anxiety and geopolitical tensions is keeping U.S. stock investors defensive and driving Wall Street’s most closely watched volatility gauge to its highest level in half a year. With the S&P 500 down nearly 5% from its late March record closing high, the Cboe Volatility Index broke above 20 overnight as tensions between Iran and Israel escalated, its highest since late October. Often called Wall Street's "fear gauge," the VIX is an options-based measure of investor demand for protection against near-term stock swings.
The proceeds from the sale, net of expected tax and transaction costs, should amount to around 620 million euros. The deal is expected to close as soon as the summer, Alstom said, following regulatory approval. The transaction is part of Alstom's plan to reduce its debt by 2 billion euros, which will be revealed in detail on May 8.
Multimillionaire murderer Robert Durst died in prison in 2022, and the end of his shocking story will be told in the second part of the blockbuster docuseries ‘The Jinx’
DALLAS, April 19, 2024--S&L Computer Services, a Generational Group client, was acquired by Cyber Advisors, a portfolio company of Goldner Hawn.
The stock market suffered significant losses for the week, with ASML and Taiwan Semiconductor slamming the chip sector. Tesla was a big loser.
Thousands of residents expected to rally against effects of rising visitor numbers on housing and water
Singer’s cause of death is not yet known
Panel has obtained sworn written statement from female witness to party in Florida. Mr Gaetz has denied any wrongdoing
Polen Capital, an investment management company, released its “Polen Global Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund increased 8.10% gross and 7.81% net, respectively, trailing the MSCI ACW Index’s 8.20% return. The market dynamics that were in place at the end […]
The scathing letter refers to Robert F Kennedy Jr as a ‘dangerous conspiracy theorist’ and ‘science denier’
Trump Media & Technology Group has alerted the CEO of Nasdaq of "potential market manipulation" in its shares, it disclosed in a filing with the Securities and Exchange Commission. "Data made available to us indicate that just four market participants have been responsible for over 60% of the extraordinary volume of DJT shares traded: Citadel Securities, Virtu Americas, G1 Execution Services and Jane Street Capital."
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