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Michael Lasser of UBS asks whether it is feasible to take some of the highest and most productive SKUs from Family Dollar that are beyond the $1 price point and put those into a Dollar Tree. $DLTR Bob Sasser said it is possible, but the company has no plans to turn Dollar Tree into multi price point retail or to turn Family Dollar into Dollar Tree.
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.