Want to join the conversation?
US discount retailer $DG opened 209 new stores in the second quarter of 2015, bringing the total new store openings to 428 for the first half of 2015. $DG plans to open 730 stores for the full year 2015. $DG remodeled or relocated 593 stores and closed 19 stores during the first half 2015, resulting in a store count of 12,198 as of July 31, 2015.
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.