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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331Read More...U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Target Shares Higher Despite S&P Downgrade
Monday, March 31, 2014 - 2:02pm | 258Read More...On Friday, Standard & Poor's (S&P) Ratings Services today lowered its ratings on Target Corp. (NYSE: TGT) from A+ to A. The short-term rating on Target remains A-1, with a stable outlook. The S&P reported that the downgrade reflects Target's lower than expected fourth quarter results...
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Wal-Mart Sues Visa For $5 Billion Over Excess Fees
Friday, March 28, 2014 - 11:26am | 626Read More...Wal-Mart Stores (NYSE: WMT) have filed a lawsuit against Visa (NYSE: V) claiming more than $5 billion in damages for what Wal-Mart claimed were unreasonably high interchange fees Visa charged the retailer. In the lawsuit Wal-Mart claimed Visa conspired with banks to fix so-called “swipe fees”...
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Wal-Mart's New 'Savings Catcher' Automates Price Comparison
Monday, March 24, 2014 - 1:42pm | 601Read More...For most consumers, low price is the playing card that trumps all other cards in most shopping scenarios. A new service called “Savings Catcher” has become Wal-Mart's (NYSE: WMT) latest entry in the “We can beat anyone’s price” competition that the company has long promoted as its prime mission...
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Target Blew It And Here's How
Thursday, March 13, 2014 - 12:21pm | 640Read More...If you think the biggest retail hack in U.S. history happened because Target (NYSE: TGT) didn’t have a strong enough security system, you are wrong. Target’s security system, provided by computer security firm, FireEye (NASDAQ: FEYE), worked just fine, according to a recent report by Bloomberg...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333Read More...U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Market Wrap For March 5: Markets Calm Following Tuesday's Massive Rally
Wednesday, March 5, 2014 - 5:40pm | 2368Read More...U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off. The Beige Book, released at 2:00 pm, confirmed what most already...
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Target CIO First Executive To Leave Following Massive Data Breach
Wednesday, March 5, 2014 - 4:06pm | 395Read More...Target (NYSE: TGT) on Wednesday confirmed that its Chief Information Officer Beth Jacob is resigning. The company said that Jacob's departure was her decision, but investors and followers of the data breach story may think otherwise. Target revealed right before Christmas that it has been victim...
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Companies That Blame The Weather For Earnings Misses
Friday, February 28, 2014 - 5:59pm | 173Read More...Coca-Cola (NYSE: KO) is so much more refreshing on a sunny day, wouldn't you say? La-Z-Boy (NYSE: LZB) chairs are more comfortable when the sky is clear, are they not? And when the temperature rises, consumers can't resist shopping at Target (NYSE: TGT). That is more or less the claim of...
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Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763Read More...U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory. Investors found housing data to be encouraging news as the three major indices finished the day...
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Target's Positive Quarterly Results Catch Some Investors Off-Guard
Wednesday, February 26, 2014 - 4:40pm | 608Read More...On Wednesday, Target (NYSE: TGT) reported its fourth quarter results. Investor sentiment was generally low. After all, the company is still in crisis mode: dealing with a massive data breach and word that its recent expansion to Canada is off to a poor start. Target's results may have caught...
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Top Trending Tickers On StockTwits For February 26
Wednesday, February 26, 2014 - 10:14am | 1050Read More...Here's a look at the top tickers trending on StockTwits.com. Yandex: Teaming up with Google Russia's largest search engine Yandex (NASDAQ: YNDX) has inked an agreement of cooperation with Google. Under the agreement, Google's advertising clients will gain access to Yandex's advertising inventory...
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Target Earnings Preview: More Pain To Come?
Tuesday, February 25, 2014 - 8:12am | 767Read More...Target (NYSE: TGT), which is still reeling from a massive credit card data breach late last year, is scheduled to report its fiscal fourth-quarter and full-year results Wednesday, February 26, before the markets open. Aside from any updates on how the retailer is responding to the data breach,...
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Market Wrap For February 24: Markets Showing Strength To Start The Week
Monday, February 24, 2014 - 5:46pm | 3826Read More...U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...
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3 Reasons JetBlue Was A Buy And Bon-Ton Was A Goodbye!
Monday, February 24, 2014 - 3:51pm | 386Read More...On January 8, 2014, JetBlue (NASDAQ: JBLU) slumped to under $8.50 a share due to cancelled flights. An article ran on Benzinga, "3 Reasons to Buy JetBlue on the Decline." After that article, JetBlue rose to around $9.45 in late January. By contrast, another article in Benzinga called for...















