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Stock Market & Financial Investment News

News Breaks
May 7, 2014
06:26 EDTTGTTarget's interim CEO stresses need for speed to fix company, WSJ reports
Target's interim CEO John Mulligan says the retailer is working fast to fix issues that persisted former CEO Gregg Steinhafel, and stressed the need for speed to improve sales and online operations, the Wall Street Journal reports. Mulligan does not intend to become the company's permanent CEO, he says, but will instead remain CFO once a CEO is found. 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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