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Stock Market & Financial Investment News

News Breaks
May 7, 2014
06:20 EDTBONT, LB, HSNI, GPS, TGTTarget 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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April 15, 2015
17:32 EDTTGTMasterCard reaches agreement with Target to resolve claims
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April 14, 2015
18:41 EDTTGTTarget close to $20M settlement with MasterCard over data breach, WSJ says
According to people familiar with the negotiations, Target (TGT) is approaching a settlement with MasterCard (MA) to reimburse financial institutions roughly $20M for costs they incurred from the retailer’s massive data breach in 2013, The Wall Street Journal reports. Target is negotiating a separate settlement with Visa (V), according to sources, WSJ added. Reference Link
18:17 EDTTGTTarget close to $20M settlement with MasterCard over data breach, DJ says
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16:36 EDTLBL Brands price target raised to $102 from $91 at Piper Jaffray
Piper Jaffray raised its price target for L Brands to $102 after its teen survey indicated strength of the company's multi-category lifestyle brand. Piper keeps an Overweight rating on the name.
April 13, 2015
14:18 EDTTGTTarget names Anne Dament as SVP, Merchandising
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06:22 EDTLB, GPS, TGTGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link
April 10, 2015
09:44 EDTGPSGap trades lower, levels to watch
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April 9, 2015
16:01 EDTGPSGap reports March SSS up 2%
Reports March revenue up 1% to $1.53B vs. $1.54B last year.
09:18 EDTGPS, TGT, LBBofA/Merrill retail analysts hold an analyst/industry conference call
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07:02 EDTLBL Brands reports March sales $923.7M, March SSS up 9%
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April 7, 2015
09:23 EDTTGTFreshpet dry food product launched at Target, says Baird
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April 6, 2015
10:02 EDTLBOn The Fly: Analyst Upgrade Summary
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06:12 EDTLBL Brands upgraded to Buy from Neutral at Mizuho
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