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Harmonic Inc Has 'Limited Upside Potential' Says National Alliance Securities
Friday, October 24, 2014 - 1:32pm | 215National Alliance Securities initiated coverage on Harmonic Inc (NASDAQ: HLIT) Friday with a Hold rating and $7 price target. Analyst Brian Coyne noted that "despite our positive view of its market position and a reasonable valuation, we see limited upside potential for the stock given...
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Brian Cornell Plots Target Corporation's Future
Monday, September 15, 2014 - 3:38pm | 307In a report by the Wall Street Journal last week, Paul Ziobro outlined how the new Target Corporation (NYSE: TGT) CEO Brian Cornell plans to “double down” on a select few departments within the store. Cornell plans to commit strong attention to several aspects of the company,...
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Target's Q2 Conference Call Highlights
Wednesday, August 20, 2014 - 4:04pm | 1050Target (NYSE: TGT) reported its second quarter results Wednesday morning. The retailer earned $0.78 per share, falling short of the consensus estimate by a penny. Revenue of $17.4 billion came in $20 million better than expected. Contained within Target's quarterly report was a downward...
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3 Analysts Weigh In On Target's Pre-Announcement
Wednesday, August 6, 2014 - 3:26pm | 741As one of the first acts as chief executive officer of Target (NYSE: TGT), Brian Cornell pre-announced on Tuesday the company's second quarter results. Target stated that its expenses in the second quarter related to the December 2013 data breach will gross $148 million which will...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Brian Cornell Named Target's New Chairman, CEO
Thursday, July 31, 2014 - 8:26am | 238Former PepsiCo executive Brian Cornell has been tapped by Target (NYSE: TGT) to assume top ranks at the struggling retailer. Cornell, 55, will replace John Mulligan, who has been the interim CEO since Gregg Steinhafel stepped down as CEO three months ago. Cornell will be expected to leverage...
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Nelson Peltz To Pepsi: You Won't Stop Me From Speaking To Other Shareholders
Thursday, February 27, 2014 - 5:01pm | 470When PepsiCo (NYSE: PEP) reported its fourth quarter results on February 13, Indra Nooyi, Chairman and CEO said, “we believe that our portfolio, as currently constructed, positions us to maximize value creation. As a result, we are not making significant structural changes, including to North...