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Stock Market & Financial Investment News

News Breaks
January 3, 2014
08:37 EDTTGTWall Street unfazed by Target's bad publicity, WSJ reports
In the nearly two weeks since Target said that data from about 40M credit and debit cards were stolen in late November and early December, its stock is roughly where it was at the close of trading on December 18, the day before the breach was announced. The company says the problem has been fixed. So for Target bulls, there wasn't even a dip to buy on. Wall Street analysts' views also remain largely unchanged. They lowered fiscal Q4 estimates by less than half a percent in December, according to FactSet. And while the effects could linger, Wall Street may be right to shrug it off, reports the Wall Street Journal's "Heard on the Street." Reference Link
News For TGT From The Last 14 Days
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October 23, 2014
06:10 EDTTGTTarget's Canadian unit experimenting with overstocking, Globe and Mail reports
As part of its turnaround effort, Target Canada is experimenting with overstocking items at its premier locations and retraining employees to create a service culture, the Globe and Mail reports. Reference Link
October 22, 2014
12:42 EDTTGTTarget free shipping impact already in guidance, says Wells Fargo
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09:50 EDTTGTCredit Suisse to hold a field trip
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05:50 EDTTGTTarget announces partnership with STORY
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05:49 EDTTGTTarget announces plans for holiday shopping season
Target announced new initiatives for the holiday season centered on products, value and guest-friendly services; including new and enhanced digital tools and free shipping on all Target.com orders now through Dec. 20. With conversion on Targetís digital channels up 40% this year, guests are turning to Target.com for more of their shopping. To make it even easier for guests, for the first time, Target will offer free shipping on all Target.com orders for the holidays, now through Dec. 20. Additionally, more than 65,000 items are now available for Store Pickup on Target.com and 80% of orders are fulfilled within one hour, making it a convenient option for busy shoppers through Christmas Eve. Target will launch a Wish List app beginning Oct. 31; a modern and digital take on the classic tradition of creating holiday wish lists for parents and kids. Cartwheel will offer daily deals for its more than 10M users, and from Nov. 2-Dec. 24, Cartwheel will offer 50% off a different toy every day. The app will have new features for the holidays, including special deals for top users, personalized recommendations and a select number of popular offers that do not expire. For the third year, Target is extending the timeframe of its Price Match Policy for the holiday season beyond the typical seven day window.
October 21, 2014
06:22 EDTTGTStaples may be latest retailer to be hacked, Krebs reports
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October 13, 2014
07:15 EDTTGTNational Association of Corporate Directors to hold a conference
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