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Stock Market & Financial Investment News

News Breaks
February 5, 2014
05:32 EDTTGTTarget says data breach continued when it thought it ended, WSJ reports
Target's data breach over the holiday shopping season didn't end when the company thought it had, reports the Wall Street Journal. In testimony to the Senate Judiciary Committee, Target CEO John Mulligan said the company learned software on another 25 checkout machines continued to steal payment card data three days after December 15, the date by which the company said the malware had been removed from its system. Reference Link
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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