Target Corp
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It's Fed Chairman Ben Bernanke's turn to weigh in on whether the economy is strong enough to justify the Fed slowing down its easing any time soon.
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It's Fed Chairman Ben Bernanke's turn to weigh in on whether the economy is strong enough to justify the Fed slowing down its easing any time soon.
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SAN FRANCISCO, May 17- Target Corp said on Friday it opened a new San Francisco office to track down technology companies that can help the second-largest U.S. retailer grow its online commerce business.
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Costco Wholesale Corp. rose $1.54 or 1.4 percent, to $113.05. Target rose $1.06 or 1.5 percent, to $71.06. Wal-Mart Stores Inc. fell$. 63 or. 8 percent, to $77.87.
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If earnings are driving the rally, then next week is going to be very telling. "I want to be careful of some stocks," Cramer said.
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The next week investors get the last wave of reports from retailers. Here's Pisani's take on the Weather effect and the names that count.
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NEW YORK-- Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 81 or. 7 percent, to $112.32. Wal-Mart Stores Inc. fell$. 84 or 1.1 percent, to $77.66.
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NEW YORK-- Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. rose$. 75 or. 7 percent, to $112.26. Wal-Mart Stores Inc. fell$. 45 or. 6 percent, to $78.05.
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This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
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Costco Wholesale Corp. fell $1.31 or 1.2 percent, to $111.51. Target fell$. 39 or. 6 percent, to $70.00. Wal-Mart Stores Inc. fell $1.36 or 1.7 percent, to $78.50.
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NEW YORK-- Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell $1.23 or 1.1 percent, to $111.59. Wal-Mart Stores Inc. fell $1.70 or 2.1 percent, to $78.16.
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Wal-Mart Stores's quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4 percent at its Walmart U.S. stores open at least a year.
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*Profit of $1.14 per share misses Wall Street view $1.15. *Second-quarter profit forecast below Wall Street view.
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NEW YORK-- Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell$. 40 or. 4 percent, to $112.42. Wal-Mart Stores Inc. fell $1.75 or 2.2 percent, to $78.11.
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Costco Wholesale Corp. rose $1.74 or 1.6 percent, to $112.82. Target rose$. 95 or 1.4 percent, to $70.39. Wal-Mart Stores Inc. rose $1.08 or 1.4 percent, to $79.86.
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NEW YORK-- Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose $1.62 or 1.5 percent, to $112.70. Wal-Mart Stores Inc. rose$. 90 or 1.1 percent, to $79.68.
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MINNEAPOLIS-- Frozen foods supplier Overhill Farms has agreed to be purchased for approximately $80 million by Bellisio Foods, allowing the company to expand its position in the frozen entree and snack markets. Overhill's customers include Jenny Craig Inc., Target Corp., American Airlines Inc. and others.
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NEW YORK-- Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 05 or percent, to $111.44. Wal-Mart Stores Inc. rose$. 46 or. 6 percent, to $79.24.
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*Li& Fung lifted by UBS upgrade, chairman's comments. HONG KONG, May 15- Hong Kong and China shares rebounded from a one-week low on Wednesday in weak volume, with investors mainly focused on a handful of stocks on hopes of an earnings turnaround.
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*Li& Fung lifted by UBS upgrade, chairman's comments. HONG KONG, May 15- Hong Kong stocks rebounded from a one-week low on Wednesday with a 7 percent surge in shares of top supply chain manager Li& Fung after its chairman said he expected earnings to rise to 2011 levels while UBS upgraded the stock.
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NEW YORK-- Shares of some top big-box retail companies were up at the close of trading:. Costco Wholesale Corp. rose $1.38 or 1.3 percent, to $111.39. Wal-Mart Stores Inc. rose$. 28 or. 4 percent, to $78.78.