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Dollar General Corp. (DG) announced it has sent a letter to the board of directors of Family Dollar Stores, Inc. (FDO). Dollar General noted that Family Dollar's Form S-4, on the background of current merger agreement with Dollar Tree (DLTR), failed to mention that Dollar General representatives have...

58.com Inc. (WUBA) reported net income for the second quarter of US$11.2 million or US$0.13 per ADS, compared to US$5.0 million or US$0.03 per AADS for the year-ago quarter. Excluding items, adjusted net income for the second quarter was US$12.4 million or US$0.15 per ADS, compared to US$5.5 million...

UPS Store Inc, a unit of United Parcel Service Inc. (UPS), said Wednesday that it was among many other U.S. retailers who recently received a government bulletin regarding a broad-based malware intrusion not identified by current anti-virus software. UPS Store said it hired an IT security firm that...

CST Brands, Inc. (CST) said Wednesday that it has agreed to buy the convenience store assets, franchisor rights and associated trademarks of Nice N Easy Grocery Shoppes. Terms of the deal were not disclosed. Nice N Easy operates 77 corporate and franchise stores in Central New York. The company...

Restaurant operator Popeyes Louisiana Kitchen Inc (PLKI), Wednesday reported a marginal decline in second-quarter profit, hurt by expenses that offset a 12 percent climb in revenue. Popeyes reaffirmed its guidance for the full year. Popeyes, based in Atlanta, Georgia, posted quarterly net earnings...

Activist investor Carl Icahn Wednesday revealed an 8.5 percent stake in car-rental company Hertz Global Holdings Inc. (HTZ). Carl Icahn, in a regulatory filing, said he has acquired an 8.48 percent stake in Hertz and also plans to seek board representations as he believes the the care rental company's...

VMware, Inc. (VMW) said Wednesday that it has acquired CloudVolumes, a provider of real-time application delivery technology that enables enterprises to easily deliver native applications to virtualized environments on-demand. Financial details of the deal were not disclosed. VMware expects the...

Sally Beauty Holdings, Inc. (SBH) said Wednesday that its Board of Directors has approved a new share repurchase program authorizing the Company to repurchase up to $1.0 billion of its common stock during the period from August 20, 2014 through September 30, 2017. The share repurchase program is...

HCC Insurance Holdings, Inc. (HCC) said Wednesday that its Board of Directors has declared a regular cash dividend of $0.295 per share on the company's shares of $1.00 par value common stock, which represents a $0.07 per share or 31% increase in the quarterly dividend. The dividend is payable on...

Popeyes Louisiana Kitchen, Inc. (PLKI), Wednesday reported second-quarter net income of $8.3 million, down from $8.5 million in the year-ago period. Earnings per share for the latest second quarter were $0.35, same as last year. Adjusted earnings for the second quarter rose to $9.2 million or $0.39...

Synopsys Inc (SNPS), Wednesday reported an increase in third-quarter profit, helped mainly by an 8 percent increase in revenue. Synopsys detailed a weak outlook for the fourth quarter. For 2014, the company lifted the lower end of its adjusted earnings outlook, but tightened the revenue range. "Synopsys...

Semiconductor maker Semtech Corp. (SMTC), Wednesday reported a drop in second-quarter profit, hurt mainly by a 12 percent drop in revenues and weak margins. Nevertheless, both earnings and revenues for the quarter came in ahead of analysts' estimates. Camarillo, California-based Semtech's second-quarter...

Federal technology contractor CACI International Inc (CACI), Wednesday reported a drop in profit for the fourth quarter, hurt by lower revenues and higher interest expenses. Nonetheless, earnings and revenues for the quarter came in ahead of analysts' estimates. Arlington, Virginia-based CACI's fourth-quarter...

Invacare Corp. (IVC) on Wednesday announced a restructuring initiative that includes a reduction to its workforce of about 150 associates and 40 temporary associates from the North America/Home Medical Equipment, Institutional Products Group and Asia/Pacific segments. The move is expected to generate...

Semtech Corporation (SMTC) Wednesday reported second-quarter net income of $17.9 million or $0.26 per share, compared to $19.1 million or $0.28 per share in the same period last year. Adjusted earnings for the quarter were $28.3 million or $0.42 per share, down from $35.8 million or $0.52 per share...