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Target Will Now Fine Suppliers Up To $10K For Any Errors
Wednesday, May 4, 2016 - 8:11am | 257Read More...Target Corporation (NYSE: TGT) put its suppliers on notice and said that each error will result in a fine. According to Reuters, Target is looking to improve its supply chain system to cut costs and improve its competitive standing against both online and brick and mortar peers. As such, the...
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Target Boosts Share Buyback To $10 Billion, Raises Quarterly Dividend
Wednesday, June 10, 2015 - 9:21am | 281Read More...Target Corporation (NYSE: TGT) on Tuesday announced that its Board of Directors approved an increase in its quarterly dividend to $0.56 per share from the prior quarterly dividend of $0.52 per share. The dividend is payable September 10 to shareholders of record at the close of business on August...
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Target CEO: 'We're Going To Invest In Bringing That Newness To Our Guests'
Thursday, May 21, 2015 - 9:07am | 329Read More...Target Corporation (NYSE: TGT) came out with better-than-expected first quarter numbers on Wednesday. EPS for the quarter came at $1.10, above expectations of $1.03. Target CFO John Mulligan was on CNBC to explain what drove the company’s strong performance in the quarter....
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Target CFO: Stores Did A Phenomenal Job Of Bouncing Back From A Busy Holiday Season
Wednesday, February 25, 2015 - 6:25pm | 374Read More...Target Corporation (NYSE: TGT) posted better-than-expected fourth-quarter earnings on Wednesday. John Mulligan, Target CFO, was on CNBC to discuss the company’s results. What Drove The Strong Results “In the middle of January we said that we thought a 3 percent comp for the...
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The Year-Long Chain Of Retailer Data Breaches
Friday, October 17, 2014 - 3:15pm | 1063Read More...The Wall Street Journal reported on December 18, 2013 that Target Corporation (NYSE: TGT) had been the victim of an "extensive theft" of customers' credit and debit card data. Understandably, consumers panicked and investors worried. The timing couldn't have been worse, as...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111Read More...U.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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Target 'Respectfully Requests' Gun Owners Leave Weapons At Home
Thursday, July 3, 2014 - 12:05pm | 663Read More...Calling it a "complex issue," discount retailer, Target (NYSE: TGT) said Wednesday that “starting today we will … respectfully request that guests not bring firearms to Target – even in communities where it is permitted by law.” Although Target interim...
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Target Earnings Call Recap: Data Breach Behind Customers, Omni-Channel Retailing And Moving Ahead
Wednesday, May 21, 2014 - 1:12pm | 501Read More...Target (NYSE: TGT) Interim CEO John Mulligan and Executive Vice President Kathryn A. Tesija on Wednesday narrated Target's first quarter earnings conference call. Speaking in an optimistic tone about the company's performance, omni-channel retailing, and moving ahead with the company, Mulligan...
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Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443Read More...U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
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Target Set To Lead The Way On Chip And Pin Credit Card Technology
Wednesday, February 5, 2014 - 4:36pm | 556Read More...Almost everyone agrees U.S. credit and debit card security technology is outdated and needs to be changed. The problem, until now, was that nobody wanted to be first. But Target Corp. (NYSE: TGT), which suffered a massive and highly-publicized security breach during the recent holiday shopping...
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Market Wrap For January 23: Chinese Data, Mixed Earnings Spooking Investors
Thursday, January 23, 2014 - 5:47pm | 2950Read More...Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...
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Target Reacts to Underwhelming Canadian Rollout
Thursday, October 31, 2013 - 2:51pm | 591Read More...The Toronto Star reported Wednesday that after a self-admitted “underwhelming” rollout in Canada, Target (NYSE: TGT) said it planned to spend the next year trying to change the shopping habits of customers north of the border to more closely match those of its U.S. neighbors. Specifically, what...
