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Dollar Tree Inc said Tuesday it will rebrand all 222 Deals stores by the end of July 2016. Dollar Tree acquired 138 Deals stores on March 29, 2006. The majority, 217, will be converted to Dollar Tree and the remaining five will become Family Dollar locations, the company said in a statement. Deals stores span across 19 states. Dollar Tree completed the acquisition of 8,200 Family Dollar stores in 46 states on July 6, 2015. Hundreds of Family Dollar stores will be converted to Dollar Tree, with at least 150 to be completed this month and additional changes planned for 2016. Dollar Tree operates a total of 13,864 stores in 48 states and five Canadian provinces. Dollar Tree is down 23.2% for the past three months. The S&P is down 3.9% for the same period.

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From:: Stock Market News

Shares of Johnson & Johnson Inc. rose less than 1% Tuesday after the company beat earnings expectations and raised its outlook. Johnson & Johnson reported net income of $3.36 billion, or $1.20 per share, below $4.75 billion, or $1.66 per share, in the year-earlier period. The company reported adjusted earnings per share of $1.49, above the FactSet consensus of $1.43. The company reported sales of $17.1 billion, below the FactSet consensus of $17.45 billion and a 7.4% decrease from the year-earlier period. The company said international sales decreased 13.7% and it had a negative currency impact of 15.8%. The company raised its adjusted earnings guidance for the fiscal year 2015 to $6.15 to $6.20 a share. The guidance was previously $6.10 to $6.20. Earlier Tuesday, the company announced a repurchase of up to $10 billion of Johnson & Johnson’s common stock.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Carnival Corp. will add two cruise brands, Carnival Cruise Line and AIDA Cruises, to the Chinese market in 2017. The new additions will join Costa Cruises and Princess Cruises, giving Carnival four cruise brands in the Chinese market. Carnival has 10 total brands, and is the first to have four in China. Costa Cruises and Princess Cruises will each add a new ship to its fleet in 2016 for a total of six ships, a 58% increase in capacity. Carnival Cruise Line and AIDA Cruises will each add one ship. Carnival is also exploring joint ventures with China State Shipbuilding Corp. and China Merchants Group. China is expected to become the world’s largest cruise market, Carnival said in a release. Carnival stock is up 11.1% for the year so far. The S&Pis down 2% for the same period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Big banks in Switzerland could be hit with tougher capital requirements, according to a Bloomberg report on Tuesday. The country’s finance ministry is said to be planning to require the banks to hold capital equal to 5% of total assets, in a move seen as copying the U.S. leverage ratio for large lenders. The 5% exceeds the 3% leverage-ratio minimum set by the Basel Committee on Banking Supervision, according to Bloomberg, citing people close to the deliberations. Switzerland’s expected move towards stricter capital rules comes after UBS Group AG and Credit Suisse Group AG tried to win easier terms, the report said.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

WASHINGTON (MarketWatch) – Small-business owners aren’t very optimistic about the next few months. A increasing number expect sales to decline and the highest share since 2007 say they cannot find qualified workers, a trade group says. The National Federation of Independent Business said its small business optimism index was little changed in September, edging up 0.2 points to 96.1. That’s still below the 42-year average of 98. “Small business optimism continues to be stagnant, which is consistent with the expected economic growth of about 2.5%,” NFIB chief economist William Dunkelberg said. He said businesses are put off by the flow of regulations coming out of Washington and uncertainty over whether the Federal Reserve will raise interest rates.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Behold 10 truly outstanding cook spaces from this year’s annual Search for America’s Best Remodel Contest …read more

From:: DIY this old house

This Old House general contractor Tom Silva opens up a load-bearing wall between a kitchen and a family room …read more

From:: DIY this old house

A senior security researcher at the risk management firm Tripwire gives his tips for protecting your router and Wi-Fi devices …read more

From:: DIY this old house

Payments processor Worldpay Group PLC on Tuesday priced its initial public offering at 2.40 pounds a share ($3.69), giving it a market value of £4.8 billion and making it the biggest U.K. IPO in 2015. The shares started conditional trading Tuesday morning and rose 2.5% above the IPO price, according to media reports. The company said it expects to be included in the FTSE UK Index Series at the quarterly review in December. “We have already invested over £1 billion in our technology, people and capabilities, helping us to become an advanced and sophisticated technology-led organisation with great potential,” Philip Jansen, Worldpay’s chief executive, said in the IPO announcement. Worldpay was sold by Royal Bank of Scotland Group PLC to Advent International Corp. and Bain Capital LLC in 2010 for about £2 billion. It Worldpay will trade under the ticker “WPG”.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Dyax Corp. shares jumped in the extended session Monday after unsubstantiated market rumors spread that the biotech is a takeover target. Dyax shares popped 53% to $36 in after-hours activity. On a video making the rounds Monday, Betaville blogger Ben Harington told Tip TV’s Nick Batsford there are “very speculative” rumors in London markets that the company is a takeover target.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News