Target Corp


  • US STOCKS-Wall St to dip at open, Fed minutes eyed Wednesday, 19 Nov 2014 | 9:11 AM ET

    *Oplink jumps, to be bought by Koch Industries' subsidiary. *Cliffs Natural Resources shares slide. NEW YORK, Nov 19- U.S. stocks were set to open slightly lower on Wednesday following record closing highs for both the Dow and S&P 500 and ahead of minutes from the most recent Federal Reserve policy meeting.

  • Nov 19- Target Corp, the fourth-largest U.S. retailer, reported a better-than-expected quarterly profit as U.S. same-store increased for the first time in four quarters. Target shares rose 3.4 percent to $67.78 premarket. The forecast includes a pre-tax expense of $13 million, or 1 cent per share, related to the conversion of Target's payment cards to MasterCard...

  • US stock futures mildly lower after housing data Wednesday, 19 Nov 2014 | 8:51 AM ET

    U.S. stock futures turned higher ahead of the open, with traders waiting on minutes from the latest meeting of the Federal Reserve and housing data.

  • Nov 19- Canadian grocer Metro Inc reported a higher-than-expected quarterly profit, helped by the reorganization of its Ontario store network and the acquisition of a majority stake in bakery chain Premiere Moisson. The company, which is facing intense competition from U.S. retailers such as Wal-Mart Stores Inc and Target Corp, also said in June it would buy a...

  • Target rebounds in third quarter on solid sales Wednesday, 19 Nov 2014 | 8:39 AM ET

    NEW YORK— Target reported a 3.2 percent rise in its third-quarter profit, beating Wall Street expectations as shoppers spent more on beauty products and back-to-school fashions. Last year, Target had a solid start to the shopping season but a data breach disclosed a week before Christmas sent customers fleeing for months and hurt sales and profits.

  • Target hits the mark, beats estimates     Wednesday, 19 Nov 2014 | 8:17 AM ET

    At first glance it looks pretty good, says CNBC's Courtney Reagan breaking down Target's third quarter results.

  • Target earnings beat, sending shares higher Wednesday, 19 Nov 2014 | 8:14 AM ET
    Customers at a Target store in Colma, Calif.

    Target reported quarterly earnings and revenue that beat analysts' expectations on Wednesday.

  • Early Movers: LOW, SPLS, PETM, DRI, DG & more Wednesday, 19 Nov 2014 | 8:12 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 tops Street 3Q forecasts Wednesday, 19 Nov 2014 | 8:10 AM ET

    MINNEAPOLIS _ Target Corp. on Wednesday reported fiscal third-quarter net income of $352 million. Analysts expected $17.53 billion, according to Zacks. For the current quarter ending in January, Target expects its per-share earnings to range from $1.13 to $1.23.

  • Target Corp quarterly sales beat estimates Wednesday, 19 Nov 2014 | 8:10 AM ET

    Nov 19- Target Corp, the fourth-largest U.S. retailer, reported better-than-expected quarterly sales, helped by a 1.2 percent rise in same-store sales in the United States. Target now expects adjusted earnings of $3.15- $3.25 per share for the year ending January, compared with its previous forecast of $3.10- $3.30 per share. Target's net income rose to $352...

  • Nov 19- Cloud security software maker CipherCloud said it raised $50 million financing from Transamerica Ventures, Delta Partners, and existing investors Andreessen Horowitz and T-Ventures. The company's products enable users to secure data by encryption across multiple cloud applications such as Salesforce.com Inc, Google Inc's Gmail and Microsoft...

  • US stocks drift lower after release of Fed minutes Wednesday, 19 Nov 2014 | 2:25 AM ET

    U.S. financial markets pulled back slightly from their most recent record highs Wednesday, ending lower for the first time this week. The Dow Jones industrial average and Standard& Poor's 500 index mostly hovered slightly below the all-time high closes set a day earlier. "This does not move the needle a whole bunch," said John Canally, Chief Economic Strategist for...

  • Cramer Remix: Warning to the skeptics Tuesday, 18 Nov 2014 | 7:32 PM ET

    "Mad Money" host Jim Cramer issues a warning investors should heed.

  • Fed minutes back on Wall Street's radar Tuesday, 18 Nov 2014 | 7:02 PM ET
    Trader on the floor of the New York Stock Exchange.

    The last time the Fed released minutes, the market had its biggest rally of the year—but watchers doubt it will be a hawkish tone this time around.

  • Cramer: Does Amazon belong on your wish list? Tuesday, 18 Nov 2014 | 6:25 PM ET

    Jim Cramer goes off the charts to review Amazon, which has competition from Wal-Mart and Alibaba. Will it go higher for the holidays?

  • Business events scheduled for Wednesday Tuesday, 18 Nov 2014 | 1:36 PM ET

    WASHINGTON— Commerce Department releases housing starts for October, 8:30 a.m.; Federal Reserve releases minutes from its October interest-rate meeting. LONDON— The Bank of England explains its worries about stagnation in the European economy as it releases minutes of its October meeting. Sears Holdings Corp. reports quarterly financial results before...

  • Trader bets big on a Target miss Tuesday, 18 Nov 2014 | 11:35 AM ET

    Target is set to report earnings on Wednesday. So why does one trader think they'll miss the mark?

  • Nov 18- Struggling department store chain Sears Canada Inc reported its 10th loss in 15 quarters, showing little sign that its turnaround plans are bearing fruit. Sales at the company's stores has been declining for years, faced with tough competition from U.S.-based rivals such as Wal-Mart Stores Inc, Target Corp and Nordstrom Inc.. Sears Canada, most of whose...

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • MUMBAI, Nov 18- The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors have poured $2.3 billion into India's e-commerce companies so far this year, according to consulting firm Technopak,...