Starboard drops Dollar Tree board challenge By Reuters

2019-04-05

© Reuters. Starboard drops Dollar Tree board challenge (Reuters) – Activist investor Starboard Value LP said on Friday it was withdrawing its nominations for directors at Dollar Tree (NASDAQ:) Inc’s board, saying that it was pleased with the company’s decision to test multiple price points at its stores. Starboard inRead More →

U.S. dollar on track for losing week

2019-03-15

The U.S. dollar weakened slightly across the board in Friday trading, reversing a move higher the previous day that had snapped a four-day losing streak and leaving a closely followed index on track for a weekly loss. A popular gauge for the greenback headed lower after many mixed U.S. economicRead More →

Dollar holds steady after of retail-sales data

2019-03-11

The U.S. dollar showed little reaction to a highly anticipated retail sales report for January on Monday, hovering just in the green. U.S. retail sales rose by 0.2% in January, while the December reading of -1.2% was revised to -1.6%. January figures excluding cars and excluding cars and gas, roseRead More →

Dollar starts the week stronger across the board

2019-02-04

The U.S. dollar strengthened against most of its major rivals Monday, shaking off last week’s weakness that followed the Federal Reserve’s dovish about-face. The ICE U.S. Dollar Index DXY, +0.26% which measures the greenback against six major rivals, was 0.3% higher at 95.853. Last week, the index dropped 0.2% inRead More →