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Stock Market & Financial Investment News

News Breaks
September 6, 2012
07:44 EDTTGT, WMTTarget CFO says they won't drive holiday sales at "all costs," Reuters reports
Target Corp. (TGT) plans a conservative approach to the upcoming holiday season and might give up some sales if industry discounting becomes too steep, says CFO John Mulligan: "We aren't interested in driving sales at all costs," reports Reuters. Reference Link
News For TGT;WMT From The Last 14 Days
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June 17, 2013
15:29 EDTWMTGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
June 15, 2013
17:46 EDTWMTWal-Mart appoints Cash as new presiding director, Reuters says
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June 14, 2013
07:35 EDTTGTSears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link
07:21 EDTTGT, WMTClinton Global Initiative to host to host a meeting
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June 13, 2013
09:30 EDTTGT, WMTClinton Global Initiative to host to host a meeting
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05:48 EDTWMTWal-Mart increases hiring but uses temps, Reuters reports
In recent months, Wal-Mart Stores has been only hiring temporary workers at many of its U.S. stores, the first time the major retailer has done so outside of the holiday shopping season, reports Reuters.Reference Link
June 12, 2013
17:12 EDTTGTTarget shareholders do not approve proposal for independent chairman
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16:54 EDTWMTH&R Block not renewing relationship with Wal-Mart
On its Q4 earnings call H&R Block (HRB) stated that it was not renewing its relationship with Wal-Mart (WMT), saying it was an economic and operational decision. Results in this channel did not meet the company's expectations and H&R Block is confident that it can serve its clients better in its other 10,000 plus neighborhood locations. H&R Block does not expect its decision to exit Walmart locations to have a material impact on results going forward.
13:00 EDTTGTTarget boosts dividend 19.4% to 43c per share
The board of directors of Target has declared a quarterly dividend of 43c per common share, representing a 19.4% increase from the prior quarterly dividend of 36c. The dividend is payable September 10 to shareholders of record at the close of business August 21.
June 10, 2013
10:52 EDTWMTGreen Dot rises after taking over Wal-Mart prepaid cards from GE
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08:52 EDTWMTGreen Dot to acquire GE Bank prepaid cards with 'Walmart' branding
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08:47 EDTWMTGreen Dot to acquire GE Bank 'Walmart' marked prepaid cards
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June 7, 2013
16:26 EDTWMTOn The Fly: Closing Wrap
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14:26 EDTWMTWal-Mart says e-commerce growth has begun to accelerate
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14:13 EDTWMTWal-Mart says aims for SSS growth in all markets
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11:47 EDTWMTWal-Mart CEO expects to generate $10B in global e-commerce sales
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09:38 EDTWMTWal-Mart moves higher on share buyback plan, levels to watch
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09:30 EDTWMTWal-Mart approves new $15B share repurchase program
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09:28 EDTWMTWal-Mart approves new $15B share repurchase program
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08:23 EDTWMTWal-Mart to host a management update
President & CEO Duke provides a management update for the investment community, including a Q&A session, in a webcast being held on June 7 at 1:45 pm. Webcast Link
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