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Stock Market & Financial Investment News

News Breaks
March 12, 2014
07:15 EDTTGTTarget sees shopper traffic down after security breach, USA Today says
Target's customer traffic dropped in January, following the data breach announced in December, reports USA Today. 33% of U.S. households shopped at Target in January vs. 43% last year, the paper adds, citing consulting group Kantar Retail. Reference Link
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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

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