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Stock Market & Financial Investment News

News Breaks
May 7, 2014
06:20 EDTTGT, HSNI, BONT, GPS, LBTarget seeks to find new CEO from outside firm, Bloomberg says
Target's (TGT) board is looking for a new CEO from an outside firm to replace Gregg Steinhafel and potential candidates for the job include HSN Inc. (HSNI) CEO Mindy Grossman, Bon-Ton Stores (BONT) CEO Brendan Hoffman, Gap's (GPS) leader Glenn Murphy and Victoria’s Secret CEO Sharen Turney. Victoria Secret is a L Brands (LB) company. Reference Link
News For TGT;HSNI;BONT;GPS;LB From The Last 14 Days
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July 31, 2014
10:02 EDTTGTOn The Fly: Analyst Upgrade Summary
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08:49 EDTTGTTarget upgraded to Market Perform from Underperform at Cowen
08:25 EDTTGTTarget hiring of Cornell a good choice, says Janney Capital
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07:02 EDTTGTTarget names Brian Cornell as chairman and CEO, effective August 12
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07:01 EDTTGTTarget names Brian Cornell as chairman and CEO
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06:01 EDTTGTTarget to name PepsiCo's Brian Cornell as new CEO, WSJ reports
Target (TGT) is reportedly set to name Brian Cornell, an executive at PepsiCo (PEP), to become its new CEO, the Wall Street Journal reports. Cornell, who would be Target's first outside CEO pick, most recently ran PepsiCo's Americas Foods business. Reference Link
July 25, 2014
15:32 EDTBONTGabelli raises stake in Bon-Ton Stores to 15.26% from 14.19%
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July 21, 2014
14:02 EDTGPSGap expands brand to Slovenia and Austria
Gap announced that it will introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat International has been selected for the launch of Slovenia and Gottex, which currently manages the Gap franchise business in Israel and Hungary, will launch Austria. Gap has signed a new agreement with Magistrat International to open three stores for the first time later this year in the capital city of Ljubljana. City Park. All locations are scheduled to open by September this year. Gap will also open its first store in Vienna, Austria this October through an existing relationship with Gottex Brands, which is a part of the Trimera Group.
July 18, 2014
18:12 EDTTGTVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link

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