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Target Corp

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  • Target reports 4Q loss Wednesday, 25 Feb 2015 | 8:09 AM ET

    MINNEAPOLIS _ Target Corp. on Wednesday reported a fiscal fourth-quarter loss of $2.64 billion, after reporting a profit in the same period a year earlier. Analysts expected $21.65 billion, according to Zacks. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.05.

  • NEW YORK— Target Corp. delivered a cautious profit outlook for the first quarter and reported a loss in its fourth quarter, dragged down by costs to end its money-losing foray in Canada. The results, which included the second consecutive increase in a key sales measure in a year, come a little more than a month after the discounter announced it was giving up on...

  • Target beats earnings forecast, sees growth ahead Wednesday, 25 Feb 2015 | 8:01 AM ET
    A customer pushes a shopping cart laden with merchandise at a Target Corp. store opening ahead of Black Friday in Chicago, Illinois.

    Target also forecast modest earnings growth for this quarter.

  • *New home sales data expected at 10 a.m.. NEW YORK, Feb 25- U.S. stock indexes were little changed on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. *Other retailers expected to post earnings on Wednesday include L Brands, Target Corp and TJX...

  • Wall Street on edge after Yellen, housing in focus Wednesday, 25 Feb 2015 | 6:11 AM ET
    Construction crews work on new town homes in Erie, Colorado, January 15, 2015.

    U.S. stock index futures signaled a flat open on Wednesday after comments from Fed Chair Yellen's speech to Congress.

  • After Yellen, investor eyes shift to housing Tuesday, 24 Feb 2015 | 6:15 PM ET
    Janet Yellen

    Housing data will take investor focus as repeated presentation of Yellen's remarks and subdued geopolitical news keep the economy in the spotlight.

  • Is Target targeting Amazon?  Monday, 23 Feb 2015 | 3:25 PM ET

    Target has cut the minimum consumers have to spend to qualify for free shipping on its site to $25. Insight into the shipping price wars, with Sucharita Mulpuru, Forrester Research.

  • Feb 23- Target Corp halved the size of online orders eligible for free shipping to $25, undercutting Amazon.com Inc and traditional rival Wal-Mart Stores Inc as it focuses on its online business. Amazon offers free shipping on orders worth at least $35 and Walmart.com $50. This translates into about $1.83 billion for Target, based on the average analyst...

  • CNBC update: Disney World raises prices  Monday, 23 Feb 2015 | 10:28 AM ET

    CNBC's Sue Herera reports this hour's top headlines, including Greece's bailout concerns, and the latest ticket hike at Disney World.

  • What Target is doing to get your online business Monday, 23 Feb 2015 | 9:24 AM ET

    Target cut its eligibility for free-shipping of online orders by half to $25 as the company focuses more on its online division.

  • Feb 23- Target Corp cut its eligibility for free-shipping of online orders by half to $25 as the company focuses more on its online division to better compete against Amazon.com Inc and traditional rival Wal-Mart Stores Inc.. Target's online and mobile offerings include target.com and Cartwheel, a digital coupon app. The company said the cut follows an...

  • Wal-Mart to kill 1-day wait for sick leave Friday, 20 Feb 2015 | 7:10 PM ET
    A Walmart employee checks prices on merchandise before the opening of a new store in Washington.

    Wal-Mart Stores will change its labor policy to allow full-time employees to use their sick days as soon as they get ill, the company said.

  • Cramer's game plan: Expect major news on this Friday, 20 Feb 2015 | 6:15 PM ET
    Spanish Finance Minister Luis de Guindos, left, talks with Greek Finance Minister Yanis Varoufakis at a euro zone finance ministers meeting to discuss Athens' plans to reverse austerity measures, in Brussels, Feb. 20, 2015.

    With the Dow soaring to new highs, Jim Cramer is ready to do some buying in case the euphoria wears off.

  • Fear can't dictate big data law Friday, 20 Feb 2015 | 3:12 PM ET

    Obama's big data laws can't be allowed to crush innovation, says this big data CEO.

  • Business events scheduled for the coming week Friday, 20 Feb 2015 | 1:33 PM ET

    WASHINGTON— National Association of Realtors releases existing home sales for January, 10 a.m.. WASHINGTON— Commerce Department releases new home sales for January, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Commerce Department releases durable goods for January, 8:30 a.m.; Labor Department releases Consumer Price...

  • Analyst: Wal-Mart only playing catch-up Friday, 20 Feb 2015 | 11:47 AM ET

    Barclays analyst Meredith Adler told CNBC Friday that the bank's downgrade was due to expensive problems on Wal-Mart's end.

  • Target doubling initiative on organics, naturals Friday, 20 Feb 2015 | 9:39 AM ET

    NEW YORK— Target Corp. is betting big on organic and sustainable products. Now, the retailer, based in Minneapolis, is rolling out more than 200 products and 31 brands over the course of the year. Company officials believe sales for the brands included in the program could hit $1 billion this year, and if this initiative were a stand-alone brand, it would already be...

  • Wal-Mart wage hike seen pressuring Target, fast-food Thursday, 19 Feb 2015 | 8:40 PM ET

    Feb 19- Wal-Mart Stores Inc's wage hike will likely trigger a rethink on pay across the retail and fast-food sectors, with Target Corp one of the low-wage employers facing pressure to follow suit and pay workers more. Wal-Mart announced on Thursday it would lift its minimum U.S. wage to $9 an hour this year and $10 in 2016, raising the ante in a tightening labor...

  • Analysts see Cyber security companies FireEye Inc and CyberArk Software Ltd benefiting from increased spending on security. While the sector as a whole is doing well, recent strong quarterly results by both FireEye and CyberArk is helping drive their shares higher, said Jim Smith, options strategist at OTR Global. Israel- based CyberArk's U.S.-listed shares...

  • Wal-Mart Wage Raise Thursday, 19 Feb 2015 | 3:22 PM ET
    Employees assist shoppers at the check out counter of a Walmart store in Los Angeles.

    Wal-Mart raises minimum wage for workers