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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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April 19, 2015
17:28 EDTTGTTarget website overwhelmed by rush from Lilly Pulitzer shoppers, WSJ says
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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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April 13, 2015
14:18 EDTTGTTarget names Anne Dament as SVP, Merchandising
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06:22 EDTTGTGap, 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 9, 2015
09:18 EDTTGTBofA/Merrill retail analysts hold an analyst/industry conference call
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April 7, 2015
09:23 EDTTGTFreshpet dry food product launched at Target, says Baird
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