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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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December 18, 2014
14:39 EDTTGTBacker of Internet sales tax to get powerful Senate post
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December 17, 2014
17:47 EDTTGTTarget names Laysha Ward as chief corporate social responsibility officer
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17:44 EDTTGTTarget names Casey Carl as Chief Strategy and Innovation Officer
Target announced that Casey Carl, president, omnichannel and senior vice president, strategy, will assume the role of chief strategy and innovation officer.
December 16, 2014
10:03 EDTTGTTarget initiated with an Outperform at Cowen
Target $85.

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