Target Corp


  • March 3- U.S. retailer Target Corp, which has been battling back after a massive data breach and sluggish performance, on Tuesday said it will eliminate several thousand jobs, mainly from headquarters locations in the United States and India, as it aims to cut $2 billion in costs over two years. Target said the job cuts would primarily come from corporate locations...

  • March 3- U.S. retailer Target Corp on Tuesday said it planned to cut several thousand jobs, mainly from headquarters locations, as part of a restructuring that will cut $2 billion in costs over two years. The company said it expected adjusted earnings per share, which excludes data breach costs and other expenses, of between $4.45 and $4.65 for the full year to...

  • NEW YORK— Target Corp. is cutting several thousand jobs as part of a plan to eliminate $2 billion in costs over the next two years. Target also plans to invest between $2 billion and $2.2 billion in capital expenditures for the current fiscal year. We have to create a more innovative culture, " Brian Cornell, Target's CEO told analysts Tuesday at a meeting in New York...

  • Shift to new credit cards won't fix security issues Tuesday, 3 Mar 2015 | 2:24 PM ET

    New technology by credit card companies will address only a narrow range of security issues.

  • Feds raid 'maternity hotels' to bust birth tourists Tuesday, 3 Mar 2015 | 2:18 PM ET
    Image from a website that federal authorities say was used to recruit Chinese women to come to the U.S. to have their babies.

    California apartment complexes that doubled as "maternity hotels" for Chinese women who want made-in-America babies were raided early Tuesday.

  • Early movers: BBY, AZO, LL, C, BBRY & more Tuesday, 3 Mar 2015 | 7:55 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Target to revamp groceries for millennials: Report Tuesday, 3 Mar 2015 | 5:51 AM ET
    Shoppers at a Target store in Mount Kisco, New York.

    Target has zeroed in on seven grocery categories to attract younger shoppers, urban dwellers, and Hispanics, reported the Wall Street Journal, citing sources.

  • March 2- Target Corp has zeroed in on seven grocery categories, including granola, yogurt and craft beer, to attract younger shoppers, urban dwellers, and Hispanics, the Wall Street Journal reported, citing people familiar with the matter. The changes would mean less shelf space for packaged food companies like Campbell Soup Co, General Mills Inc and Kraft Foods...

  • Traders look to auto sales to drive stocks higher Monday, 2 Mar 2015 | 5:56 PM ET
    A man browses 2014 Ford Motor Co. F-150 trucks displayed for sale at Uftring Ford car dealership in East Peoria, Illinois, U.S., on Monday, March 2, 2015.

    Stocks could stay on cruise control, with auto sales as a potential catalyst, as traders watch for another new high in the Nasdaq.

  • March 2- Warehouse club retailer Costco Wholesale Corp said on Monday it had tied up with Citigroup Inc and Visa Inc to issue co-branded credit cards in the United States and Puerto Rico. Citigroup will exclusively issue the co-brand cards and Visa would provide the payment network, replacing American Express Co, from April 1, 2016, Costco said.

  • Cramer game plan: Rest up—this will charge higher! Friday, 27 Feb 2015 | 6:17 PM ET

    Jim Cramer was happy to take a breather on Friday, as he thinks this will create plenty of excitement next week.

  • WASHINGTON, Feb 27- The White House released draft legislation on Friday that would give consumers more control over how the trail of data they leave behind them on the internet is used, stored and sold. President Barack Obama has made cybersecurity a major focus in the wake of high-profile hacks at companies such as Sony Pictures Anthem Inc and Target Corp..

  • The 5 best ideas on Wall Street this week Friday, 27 Feb 2015 | 1:53 PM ET
    Traders work on the floor of the New York Stock Exchange.

    CNBC Pro highlights the five best strategy notes that came across our desk on the week.

  • Cramer: Time to get it together, JC Penney Friday, 27 Feb 2015 | 10:42 AM ET
    A shopper makes a purchase at JC Penney in North Riverside, Illinois.

    CNBC's Jim Cramer said Friday J.C. Penney's management should start taking responsibility for recent mishaps.

  • Wave goodbye to these 4 high-flying stocks Thursday, 26 Feb 2015 | 7:18 PM ET
    Shoppers at a Target store in Mount Kisco, New York.

    Investors should start shedding some rallying stocks as U.S. markets linger near highs, CNBC's "Fast Money" traders said.

  • UPDATE 2-Kohl's forecasts full-year sales above estimates Thursday, 26 Feb 2015 | 10:46 AM ET

    Feb 26- Department store operator Kohl's Corp forecast full-year revenue above analysts' expectations and reported higher-than-expected quarterly profit and sales, helped by demand for apparel and accessories in the holiday shopping season. Shares of Kohl's, which also said it would buy back $1 billion of shares this fiscal year, rose 3 percent to an over...

  • I like Michael Kors ... and Target: Retail pro  Thursday, 26 Feb 2015 | 10:23 AM ET

    Oliver Chen, Retail Analyst, Cowen Group, discusses improvement in the retail sector and whether there's really reason for optimism.

  • The company, which owns the Sears and Kmart chains, said net loss attributable to shareholders was $159 million, or $1.50 a share, in the quarter ended Jan. 31, against a loss of $358 million, or $3.37 a share, a year earlier. Once the largest U.S. retailer by revenue, Sears has seen sales drop due to stiff competition from Target Corp, Wal-Mart Stores Inc and Home Depot Inc..

  • Don't sweat retail earnings, yet Wednesday, 25 Feb 2015 | 4:51 PM ET
    A Lowe's store in Louisville, Kentucky, Feb. 24, 2014.

    Retail: good or bad news?

  • What's driving our turnaround: Target CFO Wednesday, 25 Feb 2015 | 4:12 PM ET
    Shoppers at a Target store in Mount Kisco, New York.

    Target made several bets that paid off in the fourth quarter, CFO John Mulligan said.