On Tuesday, Shares of Dollar Tree, Inc. (NASDAQ:DLTR), included 8.16% and shut at $88.86 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $87.60 and $91.41. Dollar Tree, Inc. (DLTR), North America’s leading operator of discount variety stores, recently stated results for its third fiscal quarter ended October 29, 2016. For the quarter, the Company earned $171.6 million, or $0.72 per diluted share.
Bob Sasser, Chief Executive Officer, stated, “I am proud of our team’s achievements in our third quarter. Our results demonstrated a solid performance in our Dollar Tree segment, continued meaningful progress in our integration of Family Dollar, and our ability to refinance and pre-pay a portion of our outstanding debt in order to reduce future interest costs. After adding back $0.09 per share of expenses related to our debt refinancing, our operating performance of $0.81 per diluted share was near the top end of our third quarter EPS guidance range of $0.76 to $0.82.”
Shares of Marathon Petroleum Corp (NYSE:MPC), added 1.48% and shut at $47.87 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $47.33 and $48.81. The association’s commercial center capitalization is $27.52 Billion with the general uncommon loads of 527.82 million. Marathon Petroleum Corporation (MPC) recently issued the following statement regarding the letter and presentation released by Elliott Administration to MPC’s Board of Directors.
“We have a history of engaging with shareholders on the important issues facing our company and have always considered their views objectively,” said Gary R. Heminger, MPC’s chairman, president and chief executive officer. “We agree with Elliott Administration that there is upside to our valuation, which we are addressing with the value-creating actions we declared last month, but we disagree with their letter and presentation.”