Latest Articles
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Target Revised to $58: New Initiatives, Online Sales Drive Growth
Target (NYSE:TGT) recently reported impressive Q1 results with about 6% increase in sales as compared to Q1 2011. The early warm weather and appealing spring fashions drove traffic and sales in Q1. The management has raised earnings guidance for ...
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What To Do About J.C. Penney
Submitted by Investing Daily as part of our contributors program . By: John Fraser Almost a year ago, on June 14, 2011, shares of J.C. Penney (NYSE: JCP) leapt from $30.11 to $35.37, for a gain of 17.5% in a single day. It was, to say the le...
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Target’s $62 Fair Value: Web Sales And Margins In Focus For Earnings
Target (NYSE:TGT), the second largest discount chain retailer in the U.S., is scheduled to announce its Q1 fiscal 2012 earnings on May 16. The retailer recently disclosed its Q1 sales figures with a 5.3% increase in comparable store sales and 2.1...
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The Best Dividends On May 14, 2012
Submitted by Dividend Yield as part of our contributors program . The Best Dividends On May 14, 2012 Here is a current overview of the best yielding stocks with a market capitalization over USD 2 billion that have their ex-dividend date on t...
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Wal-Mart, Target Brace For Online Shift In The Retail Industry
With the growing dominance of online retailers like Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY), the dynamics of the retail industry have changed. The world’s largest brick and mortar retailers including Wal-Mart (NYSE:WMT), Target (NYS...
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8 Dividend Aristocrats At New 52-Week Highs
This article was submitted by Dividend Yield using our Trefis Contributors tool Dividend Aristocrats At New One-Year Highs Researched By Dividend Yield – Stock, Capital, Investment . Dividend Aristocrats are stocks with a history of rising...
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Target Updates: Reports Strong February Sales
Last week, Target (NYSE:TGT) reported $5.13 billion in sales for the month of February, representing an impressive 8% increase yoy. Target CEO Gregg Steinhafel attributed stronger-than-expected guest traffic and a solid increase in transaction s...
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With Target Going North, Competition in the Canadian Retail Industry is Heating Up
According to the Retail Council of Canada, the Canadian retail industry is poised for slow growth with little momentum on the horizon. New entrants like Target (NYSE:TGT), which plans to enter the market by 2013, will further add the competitive...
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Target Worth $62, Stock Edges Higher on Solid Results
Target (NYSE:TGT) reported an approximately 5% fall in Q4 profits owing to the holiday discounts to drive sales. Other retailers like Wal-Mart (NYSE:WMT) also followed a similar strategy to induce buyers to spend which had a positive impact on cu...
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Target Updates: Q4 Profit Falls, International Expansion Plans Going Strong
Target (NYSE:TGT) announced its Q4 results this week. Holiday discounts offered by the retailer to attract customers affected its results, leading to a 5% fall in Q4 profits. Target’s PFresh store remodels and 5% REDcard Rewards loyalty pro...
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Target’s Canadian Customers Can Stay Wired with Starbucks in Most Stores
Target (NYSE:TGT) is leaving no stone unturned to make its first international expansion plan a success. Last year, it doubled the allocated budget to $2.3 billion to convert Zellers stores and integrate them into its retail network. It also rece...
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Target Relies on Team in India for Success with Canadian Expansion
Target (NYSE:TGT) is leaving no stone unturned to be successful in its first venture outside of the U.S. Its India office, which has around 2,500 people, will support its Canadian expansion plans. Other retailers like Tesco have also set up their...
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Target Woos Shoppers with Jason Wu Line, Learns from Missoni Missteps
Target’s (NYSE:TGT) recent launch of the limited-edition Jason Wu collection, in partnership with the famous Taiwan-born designer, has received an overwhelmingly positive customer response. The company has learned from early mistakes with i...
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Target Sharpens Focus on Online and International Growth
Last year was eventful for Target (NYSE:TGT), the world’s second largest retailer, as it revamped its website to drive online sales. Presently, online sales constitute a very small portion of its annual sales and according to trade publica...
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Target Rolls to $60, Ready to Sell Card Unit & Focus on Retail Biz
Target Corporation (NYSE:TGT) has been trying to sell its credit card segment for some time now. The segment’s Q3 revenues reported a decline of 8.2% from the prior-year quarter to $348 million. However, the credit card segment’s prof...