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$DLTR estimates consolidated net sales for 1Q16 of $5.05-5.12Bil, based on a low single-digit increase in same-store sales and YoverY selling square footage growth of 132%. Diluted EPS is expected to range from $0.75-0.83 in 1Q16. For FY16, the company estimates consolidated net sales of $20.76-21.11Bil and diluted EPS of $3.35-3.65.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.