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Stock Market & Financial Investment News

News Breaks
February 14, 2014
09:35 EDTTGTTarget estimates lowered further below Street at Cleveland Research
Cleveland Research lowered Target FY15 estimates further below the Street following recent channel checks that indicate a bigger than expected impact from the data breach. The firm lowered Q4 EPS to 75c vs. consensus of 81c and FY15 to $4.20 vs. consensus of $4.29.
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July 18, 2014
18:12 EDTTGTVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
July 13, 2014
15:54 EDTTGTGameStop, TJX, Staples, three other retailers look cheap, Barron's says
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