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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
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July 30, 2015
17:24 EDTTGTFoot Locker appoints Verma as Chief Information Officer
Foot Locker (FL) announced the appointment of Pawan Verma as SVP and Chief Information Officer, effective August 10. Verma succeeds Peter Brown, who retired in April. Verma joins Foot Locker from Target (TGT), most recently serving as VP, Digital and Marketing Technologies and Services Platforms.
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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