Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.
SOURCE Wall Street Source
NEW YORK, March 18, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports highlighting Target Corporation (NYSE: TGT), Dollar General Corp. (NYSE: DG), Dollar Tree, Inc. (NASDAQ: DLTR), Five Below Inc. (NASDAQ: FIVE) and Big Lots, Inc. (NYSE: BIG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Target Corporation Research Report
Target has announced that it has completed the sale of its entire credit card portfolio to TD Bank Group for $5.7 billion. As announced, Target and TD will enter a seven-year program agreement under which TD will also underwrite, fund and own future Target Credit Card and Target Visa receivable sin the United States. Risk management policies and regulatory compliance policies will likewise be controlled and overseen by TD while Target continues to perform account servicing functions. Target will maintain the current deep integration between its financial services operations and retail operations. The agreement will not affect Target's 5% REDcard rewards program. "We're pleased that we've completed the sale of our credit card portfolio," said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation. "We look forward to working with TD Bank Group, a premier financial institution, to provide innovative financial products to our guests and profitably grow the portfolio over time." The Full Research Report on Target Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/304a_TGT]
Dollar General Corp. Research Report
Dollar General will donate $10 for each lap led by NASCAR Nationwide Series driver Brain Vickers in the No. 20 Dollar General car this National Blood Clot Awareness Month. "Dollar General's matching contribution will allow us to reach more people with life-saving and life-changing information," said Clot Connect director Beth Waldron. "We are also grateful for the support of our educational outreach from Brian Vickers, who is an inspiring advocate for clot awareness and Clot Connect." "Dollar General's matching contribution will allow us to reach more people with life-saving and life-changing information," said Clot Connect director Beth Waldron. "We are also grateful for the support of our educational outreach from Brian Vickers, who is an inspiring advocate for clot awareness and Clot Connect." Vickers was diagnosed with blood clots in early 2010 and was forced to miss the rest of the season. During his treatment, he had worked with physicians at the University of North Carolina at Chapel Hill and Clot Connect who helped him make informed decisions on his healthcare. The Full Research Report on Dollar General Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/5ab7_DG]
Dollar Tree Inc. Research Report
Dollar Tree Inc. posted sturdy results for its fiscal 2012 Q4 and full year. Highlights for the fourth quarter include comparable store sale increase of 2.4%, consolidated net sale increase of 15.4%, along with an operating margin increase of 70 basis points to 16.2%. "I am pleased with the growth of Dollar Tree's sales and earnings in the fourth quarter and for the year of 2012," said President and CEO Bob Sasser. "On top of a very strong fourth quarter performance in 2011, average basket size increased and customers responded this year in record numbers. These results were achieved through the efforts of thousands of Dollar Tree associates across North America, working every day to provide a unique assortment of merchandise at great values in stores that are clean, bright, and fun to shop." The Dollar Tree also posted consolidated net sales of $7.39 billion, an 11.5% versus 2011's sales of $6.63 billion, with comparable store sales increasing by 3.4%. The Full Research Report on Dollar Tree Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/7613_DLTR]
Five Below Inc. Research Report
Five Below welcomes Michael F. Devine III to its Board of Directors and Chair of Five Below's Audit Committee. David Schlessinger, Executive Chairman of Five Below, stated, "We are pleased to welcome Mike to our Board of Directors. Mike has enjoyed a distinguished career in financial leadership roles concentrated in the retail industry. We look forward to benefitting from his expertise as we execute our growth plans. We would also like to thank Howard for his many valuable contributions over the years and wish him the best." Mr. Devine replaces Howard Ross who resigned from the board. Five Below is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the teen and pre-teen customer. Philadelphia-based Five Below offers a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of category worlds - Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal. The Full Research Report on Five Below Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/3eb8_FIVE]
Big Lots, Inc. Research Report
Big Lots, the go-to site for serious bargain hunters, posted income from continuing operations of $120.3 million, or $2.09 per diluted share, for Q$ of fiscal 2012 ended Feb.2, 2013. Highlights for the fourth quarter include operating profit of $197 million, a 3% increase compared to last year, total sales increase of 5% to $1.8 billion and Canadian operations post first profitable quarter since acquisition in July 2011. Big Lots also expects to open 2 to 3 new stores in Canada and other similar locations. The Full Research Report on Big Lots, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WallStSource.com/r/full_research_report/96c6_BIG]
Consider Wall Street Source
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.
Contact: Joe Thomas
Main: +1-310-496-8071 (North America)
©2012 PR Newswire. All Rights Reserved.