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Stock Market & Financial Investment News

News Breaks
April 1, 2014
14:13 EDTTGTTwo banks drop lawsuit against Target, Trustwave, Reuters says
Trustmark National Bank and Green Bank said they would dismiss their cases against Target and credit card security firm Trustwave Holdings over responsibility for the data breaches that affected Target stores in late 2013, says Reuters. This past weekend, Trustwave CEO Robert McCullen said his company was not outsourced by Target to monitor the retailer's network or process its cardholder data. 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
July 13, 2014
15:54 EDTTGTGameStop, TJX, Staples, three other retailers look cheap, Barron's says
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