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Stock Market & Financial Investment News

News Breaks
August 5, 2014
10:31 EDTTGTTarget breach costs well below fears, says Wells Fargo
Wells Fargo notes that Target in Q2 expects to record gross breach-related expenses of $148M, partially offset by the recognition of a $38M insurance receivable, which compares to $88M of expenses that had been incurred through Q1 that was partially offset by $52M of insurance protection. Wells views the costs as well below what some had initially feared could be as high as $1B. Its keeps an Outperform rating on the stock after Target lowered its outlook for Q2.
News For TGT From The Last 14 Days
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September 18, 2014
11:01 EDTTGTTarget to hire 70,000 seasonal workers in 2014, CNBC reports
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