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Stock Market & Financial Investment News

News Breaks
May 8, 2014
07:29 EDTTGT, EBAY, CNW, UPSU.S. Chamber of Commerce to hold a summit
Global Supply Chain Summit is being held in Washington, D.C. on May 8.
News For UPS;EBAY;TGT;CNW From The Last 14 Days
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April 14, 2015
18:41 EDTTGTTarget close to $20M settlement with MasterCard over data breach, WSJ says
According to people familiar with the negotiations, Target (TGT) is approaching a settlement with MasterCard (MA) to reimburse financial institutions roughly $20M for costs they incurred from the retailerís massive data breach in 2013, The Wall Street Journal reports. Target is negotiating a separate settlement with Visa (V), according to sources, WSJ added. Reference Link
18:17 EDTTGTTarget close to $20M settlement with MasterCard over data breach, DJ says
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11:07 EDTEBAYStocks with call strike movement; EBAY RAD
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07:10 EDTUPSAviation Week to hold a conference
MRO Americas 2015 is being held in Miami Beach on April 14-16.
April 13, 2015
16:18 EDTEBAYeBay announces executive appointments ahead of PayPal separation
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14:18 EDTTGTTarget names Anne Dament as SVP, Merchandising
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09:03 EDTEBAYeBay SSS grew 7.3%, Amazon SSS up 24.6% in March, ChannelAdvisor says
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07:12 EDTEBAYeBay PayPal unit worth $39 per share alone, says Bernstein
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06:22 EDTTGTGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link
April 12, 2015
13:45 EDTUPSUPS to invest $1.06B in Europe expansion, Reuters says
According to a report in German magazine Wirtschaftswoche, UPS (UPS) plans to invest over $1B in Europe to expand its package delivery network, says Reuters. Last week UPS rival FedEx (FDX) announced its intention to acquire TNT Express (TNTEY) for EUR 8.00 per share. Reference Link
April 10, 2015
14:24 EDTEBAYPayPal lending practices being probed by CFPB
EBay's PayPal unit disclosed last night in a regulatory filing related to the companies' split that on August 7, 2013 and January 13, 2014, eBay, PayPal and certain wholly owned subsidiaries of PayPal received Civil Investigative Demands, or CIDs, from the Consumer Financial Protection Bureau, or CFPB, requesting that they provide testimony, produce documents and provide information relating primarily to the acquisition, management, and operation of its PayPal Credit products, including online credit products and services, advertising, loan origination, customer acquisition, servicing, debt collection, and complaints handling practices. "The CIDs could lead to an enforcement action and/or one or more significant consent orders, which may result in substantial costs, including legal fees, fines, penalties and remediation expenses. We are cooperating with the CFPB in connection with the CIDs and exploring whether we may be able to resolve these inquiries. Resolution of these inquiries could require us to make monetary payments to certain customers, pay fines and/or change the manner in which we operate the PayPal Credit products, which could adversely affect our financial results and results of operations," PayPal noted.
12:59 EDTEBAYPayPal lending practices being investigated by CFPB, DJ reports
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April 9, 2015
17:36 EDTEBAYeBay, PayPal plan calls for non-compete in respective businesses
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17:15 EDTEBAYeBay,PayPal agree baseline penetration rate on eBay covered Properties of 80%
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09:18 EDTTGTBofA/Merrill retail analysts hold an analyst/industry conference call
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April 7, 2015
12:58 EDTUPSOn The Fly: Midday Wrap
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09:23 EDTTGTFreshpet dry food product launched at Target, says Baird
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06:25 EDTUPSTNT Express expects EU to approve FedEx deal, Reuters reports
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April 6, 2015
09:25 EDTEBAYeBay threatened by merchant satisfaction with Amazon, Bloomberg says
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06:03 EDTEBAYUber hires Facebook's Joe Sullivan as Chief Security Officer
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