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The Latest Breaking News from Target Corp

Trump's Tariff Ceasefire Is Failing To Stop US-China Trade Collapse: Container Ship Traffic Hits Lowest Readings In 2 Years

Container shipping activity between China and the United States is sliding again, with traffic hitting its weakest levels in two years, according to the latest reports.

Benzinga

Stocks Fall as Fiscal Worries Boost Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down -0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. June E-mini S&P futures (ESM25 ) are down -0.60%, and June E-mini Nasdaq futures...

Barchart

Stocks Decline as Bond Yields Rise on Deficit Concerns

The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.33%. June E-mini S&P futures (ESM25 ) are down -0.43%, and June E-mini Nasdaq futures...

Barchart

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3 Highest Yielding Dividend Kings Ready to Soar

These three "buy" rated companies are industry leaders, and if you believe the analysts, they could soar in the next year.

Barchart

3 Highest Yielding Dividend Kings Read to Soar

These three "buy" rated companies are industry leaders, and if you believe the analysts, they could soar in the next year.

Barchart

Target Stock Overreaction - Huge Unusual Put Option Volume Signals TGT's Drop is Overdone

Today, a large, unusual volume of Target Corp put options traded in a long-dated expiry period. This means investors' worries about Target may be overdone. Short-sellers of these puts made an 8% yield and a 20% lower breakeven.

Barchart

3 Highest-yield Dividend Kings To Buy This Summer

Looking for income this summer? Here are three quality companies that'll put a few extra dollars in your pocket.

Barchart

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Target’s CEO slams ‘gut-wrenching’ threats over LGBTQ-themed goods

Target Corp.’s top executive hammered the aggressive behavior that some customers directed toward employees because of the retailer’s collection of LGBTQ-themed merchandise.

Tribune News Service

Minnesota attorney general accuses Target-owned Shipt of cheating workers

Minnesota Attorney General Keith Ellison on Thursday filed suit against Shipt, the grocery delivery business of Target Corp., for allegedly cheating workers of benefits and rights by classifying them as independent contractors.

Tribune News Service

Target CEO Cornell will stay past 65, logistics chief exits

Target Corp.'s chief executive, Brian Cornell, will stay with the company at least three more years, a step necessitating a change in its retirement rules, the company said Wednesday.

Tribune News Service

Target misses lowest profit estimate, still predicts rebound

Target Corp.’s profit badly lagged behind Wall Street’s estimates in the second quarter, and the retailer ratcheted up the pressure on its fiscal second half by sticking with its forecast of a dramatic rebound in its results.

Tribune News Service

Target makes strides to better serve Black customers and employees

Target Corp. earmarked billions of dollars for Black businesses and communities to address racial equity issues after the police killing of George Floyd two years ago.

Tribune News Service

Walmart tumbles after cutting full-year profit outlook

Walmart Inc. cut its annual profit outlook for the second time this year, citing the need to lower prices to clear out bloated inventories.

Tribune News Service

Target extends local-delivery bet with hubs in Chicago and Denver

Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.

Tribune News Service

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Benzinga

Read Why This Analyst Cut Bed Bath And Beyond's Price Target By 60%

Telsey Advisory Group analyst Cristina Fernández lowered the price target on Bed Bath & Beyond Inc (NASDAQ:BBBY) to $6 from $15, implying a 10.45% downside. The analyst maintained an Underperform rating on the shares. The analyst is taking a subdued view due to more negative commentary from mass retailers like Big Lots, Inc. (NYSE:BIG), Target Corp (NYSE:TGT), and Walmart Inc (NYSE:WMT)…

Benzinga

Joe Biden Calls Chevron CEO 'Sensitive,' Invites Target Chief's Ire Amid Gas Price Debate

Joe Biden's spat with American corporate executives intensified this week as he traded barbs with the CEO of Chevron Corp (NASDAQ: CVX), while Target Corp's (NYSE: T

Benzinga

Target Hikes Dividend By 20%

Target Corp (NYSE:TGT) has increased its quarterly dividend by 20% to $1.08 per share from the prior quarterly dividend of $0.90. The dividend is payable on September 10, 2022, to shareholders of record at the close of business on August 17, 2022. Target held $1.1 billion in cash and equivalents as of April 30, 2022.…

Tribune News Service

US stocks will confront an earnings recession by the end of 2022

There are pervasive, and increasingly pronounced, signs that U.S. equities will be in a profit recession before the end of this year. Target Corp.’s warning on margins yesterday is emblematic of the problems faced by firms in an inflationary regime. Even if an economy-wide recession is avoided, the backdrop for…

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Tribune News Service

Andrea Felsted: Target's oversupply problem should scare all retailers

Target Corp. is off target again.

Tribune News Service

Target will slash prices, warns profit will shrink this summer

MINNEAPOLIS — Target Corp. will cut prices, cancel orders and take other steps to cut its bloated inventory, moves that will lower its profit in the current quarter more than executives thought just three weeks ago.

Benzinga

Why Costco Stock Is Sliding Today

Costco Wholesale Corp (NASDAQ: COST) shares are trading lower alongside several retailers in sympathy with Target Corp (NYSE: TGT), which announced an inventory optimization plan that will result in addition

Benzinga

Why Walmart Stock Is Falling Today

Walmart Inc (NYSE: WMT) shares are trading lower alongside several retailers in sympathy with Target Corp (NYSE: TGT), which announced an inventory optimization plan that will result in additional second-quarter&nbs

Benzinga

Why Target Stock Is Sliding Today

Target Corp (NYSE: TGT) shares are trading lower Tuesday after the company announced an inventory optimization plan, which will result in additional second-quarter costs.

Benzinga

Amazon Explores Service That Could Reduce Its Capex

Amazon.com Inc (NASDAQ:AMZN) tested a service using its sprawling network of gig drivers to fetch packages from mall-based retailers and deliver them to customers, Bloomberg reports. Amazon can entertain shoppers seeking same-day or quicker shipping with a local mall store products struggling to remain relevant as shoppers flocked online. The program will…

Benzinga

Target Analysts Take Aim At Stock's Future: What They're Saying After Q1 Earnings

Target Corp (NYSE: TGT) reported worse-than-expected earnings results on Wednesday, which led several analysts to lower price targets on the stock.

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