5:52pm ET
Retail
Sears Ousted from S&P 500
Troubled retailer Sears Holdings (NASDAQ: SHLD), which was formed by a 2005 merger of Sears and Kmart, was thrown out of the S&P 500 as of September 4. It will be replaced by specialty chemical…
Companies
/Consumer Defensive
Target Corp
$155.83
▲ $0.10 (+0.06%) today
Markets closed · 5:11am ET
TGT Coverage
Page 57
2:18pm ET
Retail
The Value of SUPERVALU (SVU, KR, SWY, WMT, TGT)
We wrote this morning about the ongoing M&A chatter about SUPERVALU Inc. (NYSE: SVU). The store is seeking a buyer for the whole company, but so far most of the interest has…
11:54am ET
Investing
Top U.S. Websites in July (GOOG, MSFT, YHOO, FB, AOL, AMZN, CMCSA, WMT, TGT, VZ)
Digital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for July and the list is topped by the usual suspects. comScore counted…
10:14am ET
Retail
Media Feature: The Beginning of the End for Ron Johnson at JCPenney
Wikimedia CommonsBloomberg TV has been running a special this morning about the poor turnaround that Ron Johnson has engineered at JCPenney Co. Inc. (NYSE: JCP). Our take is that this is the…
4:07pm ET
Investing
24/7 Wall St. Closing Bell — August 15, 2012: Markets Don’t Impress Again (ETR, GBG, OCZ, RGR, JIVE, JDSU, PEIX, PAAS, ANF, A, CSIQ, DE, SPLS, TGT, A, AMAT, CSCO, LTD, NTAP, PETM, SINA, DLTR, DANG, GME, ROST, SHLD, WMT, S, SPLS, CSIQ)
The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
9:07am ET
Investing
Today’s Best Market Rumors (8/15/2012) Payment System to Compete with Google
Updated throughout the day on the 24/7 Wall St. Wire: Several of the largest retailers in the country, including Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT), will launch a…
8:21am ET
Retail
Target Shares Rise on Solid Beat (TGT, WMT)
Target Corp. (NYSE: TGT) reported second-quarter earnings per share (EPS) of $1.12 and $16.78 billion in revenues before markets opened this morning. In the same period a year ago, the big-box retailer…
7:09am ET
Retail
New Mobile Payments Network to Rival Google Wallet
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…
6:40am ET
Investing
Media Digest (8/15/2012) Reuters, WSJ, NYT, FT, Bloomberg
Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters) The New York Times Company (NYSE: NYT) names BBC General Director Mark Thompson…
4:48pm ET
Investing
24/7 Wall St. Closing Bell — August 14, 2012: Markets Mixed Ahead of Tomorrow’s Inflation Report (GRPN, WEN, MCP, EXPE, VALE, IAG, DKS, HD, KIOR, KORS, SKS, EL, TJX, JDSU, PEIX, PAAS, ANF, A, CSIQ, DE, SPLS, TGT, ASTI)
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is…
10:18am ET
Retail
TJX Falls Despite Earnings Beat
TJX Companies (NYSE: TJX) reported earlier this morning that its second-quarter profit came to $421 million, or $0.56 per share, and revenue totaled $6 billion. The results were up from $348.3 million,…
11:16am ET
Investing
JCP Shares Down Monday, CEO Johnson Sweet Talk Short-Lived
Wikimedia CommonsOn Friday, J.C. Penney Company, Inc. (NYSE: JCP) reported very disappointing second-quarter results, reporting a loss of 37 cents a share after the company sales dropped 22.6% from the year earlier period. However,…
7:08am ET
Investing
U.S. Markets Set to Open Lower on Fears of Global Slump
U.S. stock futures are marginally lower this morning, suggesting the S&P 500 Index could halt its longest advance in 20 months. Reports of slowing growth in Japan fueled concern that the global…
4:04pm ET
Investing
24/7 Wall St. Closing Bell — August 10, 2012: Market Dithers Until Last Minute (NVO, YHOO, RL, CVC, BIG, DV, JWN, NVDA, CDXS, JCP, BYI, IAG, SYY, JDSU, KID, KORS, TJX, TGT, ARO, BRCD, GME, ROST, SHLD, WMT, FIO, ATP, UBNT)
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was…
7:49am ET
Companies and Brands
JCPenney’s Results Awful, Stock Sinks (JCP, AAPL, TGT, KSS, AMZN, BBY)
Wikimedia CommonsJCPenney Co. Inc. (NYSE: JCP) reported an adjusted second-quarter net loss of $0.37 per share and $3.02 billion in revenues before markets opened today. EPS for the same period a year…