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Stock Market & Financial Investment News

News Breaks
June 13, 2014
15:05 EDTTGTTarget announces voting results from annual meeting of shareholders
Target shareholders elected the 10 current members of the board, ratified the appointment of Ernst & Young as Target’s independent registered accounting firm for FY14, approved the “Say on Pay” management proposal, and rejected three shareholder proposals. The three shareholder proposals that were rejected were a proposal to eliminate perquisites, a proposal to adopt a policy for an independent chairman, and a policy prohibiting discrimination "against" or "for" persons.
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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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