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  • CHICAGO, May 18- Retail chain Target Corp gave a cautious outlook on Wednesday after reporting a lower-than-expected increase in quarterly sales due to unseasonable weather and weaker demand for electronics and groceries. Shares of the company fell as much as 11 percent, their biggest intraday decline since December 2008, as investors focused on weaker...

  • SAO PAULO, May 18- Shares in Centrais Elétricas Brasileiras SA fell for a third straight day on Wednesday, reflecting concern over a potential government rescue of Brazil's state-controlled power holding company and an expected delisting of its New York- traded stock. Eletrobras has underperformed other shares in the Sao Paulo Stock Exchange in recent days,...

  • LONDON/ BEIJING, May 18- Fiat Chrysler Automobiles shares jumped early on Wednesday on a report that China's Guangzhou Automobile Group Co was interested in buying a stake, but gave up most gains when the Chinese company denied the report. The two companies already have a partnership that enables FCA to manufacture in China. China is the world's top automobile...

  • NEW YORK— Target easily beat first-quarter profit expectations, but slowing sales at the Minneapolis retailer and across much of the retail sector is creating a lot of unease. Shares of Wal-Mart Stores Inc., which reports earnings Thursday, fell more 3 percent as investors got out of the way. Target CEO Brian Cornell blamed the cold and wet spring for weakening...

  • TOKYO— Japanese automaker Suzuki Motor Corp. apologized Wednesday for improper road tests, but denied reports that it illegally falsified mileage numbers. Suzuki Motor Corp. shares fell in Tokyo trading Wednesday on Japanese media reports the company might have cheated on mileage, but recovered to close down 9 percent. Nissan Chief Carlos Ghosn called that...

  • Shares in Tokyo ceded initial gains from better-than-expected GDP data, and China markets succumbed to a fresh bout of pessimism. Britain's FTSE 100 lost 0.5 percent to 6,136.94. If it does, U.S. rate hikes could be in prospect, " Ric Spooner, chief market analyst for CMC Markets, said in a research note.

  • *China property shares firm on encouraging data. SHANGHAI, May 18- Shares in China and Hong Kong shed over 1 percent on Wednesday after comments from Federal Reserve officials rekindled prospects of a U.S. interest rate rise as early as June. Small-caps lead the decline in China, with Shenzhen's start-up board ChiNext slumping 2.8 percent.

  • TOKYO, May 18- Suzuki Motor Corp said it had used improper fuel economy testing methods, sending its shares tumbling as a mileage cheating scandal in Japan that has engulfed Mitsubishi Motors Corp widened. Suzuki Chairman Osamu Suzuki will brief the media at 4 p.m. in Tokyo. Shares in Suzuki, Japan's fourth-largest automaker by sales, were down 11 percent in...

  • A burger and fries from Red Robin.

    Shares of Red Robin fell nearly 11 percent in early trading Tuesday after the company reported quarterly revenue that fell short of Wall Street estimates.

  • Shares of the company, which owns off-price chains T.J. Maxx and Marshalls, rose 4.2 percent to $78.38 in premarket trading on Tuesday. TJX raised its profit forecast for the year ending January 2017 to $3.35- $3.42 per share from $3.29- $3.38. TJX's net income rose 7.1 percent to $508.3 million, or 76 cents per share, in the first quarter.

  • Shares of the company, which also raised its sales and profit forecast for the year ending January 2017, were up 2.5 percent at $138.75 in premarket trading on Tuesday. The company's net income increased to $1.80 billion, or $1.44 per share in the first quarter ended May 1, from $1.58 billion, or $1.21 per share, a year earlier. Analysts on average had expected...

  • Iron ore and steel prices may not take off even with a massive infrastructure investment in China.

    China plans to invest $720 billion on 303 transport infrastructure projects over three years. How will the spending impact commodity markets?

  • *Anacor Pharma jumps after receiving $5.2 bln buyout offer. May 16- Wall Street rose in early afternoon trading on Monday, bolstered by a jump in Apple shares and gains in energy stocks. The iPhone maker's shares were up 3.4 percent after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the company.

  • *Anacor Pharma jumps after receiving $5.2 bln buyout offer. May 16- Wall Street was higher on Monday after a bruising week, bolstered by a bounce in Apple shares, while surging oil prices fired up energy stocks. The iPhone maker's shares were up 2.9 percent at $93.15 after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the company.

  • May 16- Warren Buffett's Berkshire Hathaway Inc on Monday revealed a new stake in Apple Inc, in a bet that the stock price could rebound after iPhone sales fell for the first time. Berkshire held 9.81 million Apple shares worth about $1.07 billion as of March 31, according to a filing with the U.S. Securities and Exchange Commission detailing the company's...

  • MILAN, May 16- European shares fell on Monday with satellite operator Eutelsat and power station company Drax slumping after broker downgrades. Eutelsat, which plunged 27.6 percent on May 13 after the company cut its outlook, dropped a further 7 percent on Monday after Morgan Stanley cut its rating on the stock to "underweight" from "equal weight."

  • Amazon.com will soon be delivering new private label products to you.

    Amazon will launch new private-label brands in the coming weeks that will include the company’s first move into perishable food, the WSJ reports.

  • CFOs in the U.S. and Asia have the U.S. presidential race at the forefronts of their minds.

    China’s economy and the continued rise of Donald Trump are the two major issues on top of the minds of CFOs in Asia, a survey revealed.

  • Shares of the company, which also reported a surprise drop in comparable sales, fell 13 percent to $6.78 in premarket trading on Friday. Penney's net loss narrowed to $68 million, or 22 cents per share, in the quarter, from $150 million, or 49 cents per share, a year earlier. Analysts on average had expected a loss of 38 cents per share on revenue of $2.92 billion,...

  • MILAN, May 13- European shares lost ground on Friday, with satellite company Eutelsat plunging 30 percent after slashing its outlook, while weak oil prices also weighed on the region's stock markets. European markets have sagged in recent weeks, with some investors blaming strength in the euro and uncertainty before Britain's vote on June 23 on European Union...