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Stock Market & Financial Investment News

News Breaks
February 27, 2013
07:33 EDTTD, TGTTarget sees closing consumer credit card receivables sale in Q1
News For TGT;TD From The Last 14 Days
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July 24, 2015
06:37 EDTTGTWal-Mart increases offerings in baby category
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July 23, 2015
19:24 EDTTGTWal-Mart's Apple Pay competitor launching soon, Bloomberg says
CurrentC, the mobile payment application funded by Wal-Mart (WMT), Target (TGT), Best Buy (BBY) and others, will see an early trial run next month, Bloomberg reported earlier, citing three people familiar with the situation. A spokesperson for Lowe's (LOW) said the consortium behind the app expects an official launch in Q3, and Bloomberg noted that CurrentC will compete with more "established" offerings such as Apple's (AAPL) Apple Pay and Google's (GOOG) Android Pay. Reference Link
July 22, 2015
08:38 EDTTGTNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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July 20, 2015
13:46 EDTTGTAmazon seen eclipsing Macy's as top U.S. clothing retailer
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July 19, 2015
18:35 EDTTDTD Bank to settle 'Ponzi scheme' lawsuit for $20M, Reuters says
Toronto-Dominion's TD Bank has agreed to pay $20M in order to settle claims that it failed to investigate suspicious activity related to a so-called Ponzi scheme allegedly operating through bank accounts at TD, Reuters reported Friday, citing statements from the concerned parties. Reference Link
18:13 EDTTGTMacy's considered, rejected sale/lease-backs in past, WSJ says
Macy's (M) executives have considered sale/lease-backs "over the years" and have come to negative conclusions, reports the Wall Street Journal, citing people familiar with the company. The report comes in the wake of Starboard Value pressuring Macy's to spin off its real estate, and sources said the activist investor sees several options, including a REIT, a Hudsonís Bayís-style real estate partnership, a sale/lease-back, or borrowing money against the properties. Separately, a source said Target (T) is still reluctant to relinquish control over its real estate. Reference Link
July 14, 2015
08:06 EDTTDTD Bank provides $23M in financing to Atlas Paper Holdings
TD Bank announced that their Asset Based Lending Group has provided $23M in financing to Atlas Paper Holdings. The credit facility will also finance the debt recapitalization of the Company.

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