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Stock Market & Financial Investment News

News Breaks
January 10, 2014
08:01 EDTTGTTarget: Certain guest information was taken during data breach
Target announced updates on its continuing investigation into the recent data breach and its expected fourth quarter financial performance. As part of Target’s ongoing forensic investigation, it has been determined that certain guest information -- separate from the payment card data previously disclosed -- was taken during the data breach. This theft is not a new breach, but was uncovered as part of the ongoing investigation. At this time, the investigation has determined that the stolen information includes names, mailing addresses, phone numbers or email addresses for up to 70 million individuals. Much of this data is partial in nature, but in cases where Target has an email address, the Company will attempt to contact affected guests. This communication will be informational, including tips to guard against consumer scams. Target will not ask those guests to provide any personal information as part of that communication. In addition, guests can find the tips on our website. “I know that it is frustrating for our guests to learn that this information was taken and we are truly sorry they are having to endure this,” said Gregg Steinhafel, chairman, president and CEO, Target. “I also want our guests to know that understanding and sharing the facts related to this incident is important to me and the entire Target team.” Guests will have zero liability for the cost of any fraudulent charges arising from the breach.
News For TGT From The Last 14 Days
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August 27, 2014
06:36 EDTTGTNordstrom, Target launching Instagram platform, CNBC says
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August 25, 2014
06:19 EDTTGTU.S. DHS warns of 'Backoff' malware, WSJ reports
The Department of Homeland Security is urging all companies to check for a "Backoff" malware infection, which targets cash registers, and said over 1,000 businesses in the U.S. have been affected by the cyberattack, the Wall Street Journal reports. The DHS said Friday that the malware has likely infected many victims who "aren't aware" that they have been compromised. Reference Link
August 24, 2014
21:53 EDTTGTNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
August 21, 2014
07:24 EDTTGTTarget margins likely to remain under significant pressure, says MKM Partners
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07:08 EDTTGTTarget shares attractive, says Wells Fargo
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August 20, 2014
12:37 EDTTGTOn The Fly: Midday Wrap
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11:11 EDTTGTTarget sees Q3 EBITDA to benefit from expense optimization, Q3 SSS flat to up 1%
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08:04 EDTTGTTarget reports Q2 U.S. segment SSS flat
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08:03 EDTTGTTarget cuts FY14 adjusted EPS view to $3.10-$3.30 from $3.60-$3.90
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08:02 EDTTGTTarget sees Q3 adjusted EPS 40c-50c, consensus 65c
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08:01 EDTTGTTarget says better U.S. sales have continued into August
"While results from the quarter didn’t meet our expectations, we are seeing some early signs of progress as we work to improve results in the U.S. and Canada,” said John Mulligan, executive vice president and CFO of Target Corporation. “In the U.S., traffic trends continue to recover and monthly sales are improving, with July comparable sales up more than 1 percent. Better U.S. sales have continued into August, driven by early back-to-school results. In Canada, the team is making important changes to operations and the merchandise assortment with a focus on delivering improved results by this holiday season.”
08:01 EDTTGTTarget reports Q2 adjusted EPS 78c, consensus 79c
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