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Stock Market & Financial Investment News

News Breaks
November 29, 2012
08:01 EDTTGTTarget reports November SSS down 1%
Target reported that its net retail sales for the four weeks ended November 24, 2012 were $6.18B, a decrease of 0.1% from $6.19B for the four weeks ended November 26, 2011. November sales were below our expectations, reflecting weaker-than-planned sales performance in the first two weeks combined with stronger sales growth across all channels later in the month,” said Gregg Steinhafel, chairman, president and CEO. “Profitability for the month remained on plan."
News For TGT From The Last 14 Days
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July 31, 2014
17:06 EDTTGTOn The Fly: Closing Wrap
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12:58 EDTTGTAnalysts applaud Target CEO selection
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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 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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