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Target Corp (TGT)

TGT on New York Consolidated

60.03USD
18 Oct 2017
Change (% chg)

$-0.14 (-0.23%)
Prev Close
$60.17
Open
$60.17
Day's High
$60.58
Day's Low
$60.00
Volume
3,538,579
Avg. Vol
7,216,563
52-wk High
$79.33
52-wk Low
$48.56

Latest Key Developments (Source: Significant Developments)

Target announces tender offers
Monday, 16 Oct 2017 08:43am EDT 

Oct 16 (Reuters) - Target Corp ::Target Corporation announces tender offers for any and all of certain outstanding debt securities.Target Corp - ‍tender offers will expire on October 20, 2017​.  Full Article

Target deepens partnership with Google through Google Express expansion, voice-activated shopping, 2018 Target REDcard payment option
Thursday, 12 Oct 2017 10:35am EDT 

Oct 12 (Reuters) - Target ::Target deepens partnership with Google through Google Express expansion, voice-activated shopping and 2018 Target REDcard payment option.Target says plans to make Target redcard debit or credit card available as an option for Google Express shoppers.Target says users can also shop Target and all other Google Express retailers on any Google assistant-enabled Android or iPhone.Target says co, Google will also partner to explore, develop 'future digital experiences' focused on Target's style categories.  Full Article

Target Corp declares regular quarterly dividend
Thursday, 21 Sep 2017 06:30am EDT 

Sept 21 (Reuters) - Target Corp :Sets quarterly dividend of $0.62 per share.  Full Article

Kaiser Permanente and Target to open 31 more retail clinics in Southern California
Thursday, 14 Sep 2017 07:01am EDT 

Sept 14 (Reuters) - Target Corp :‍Kaiser Permanente -Co, Target announced will launch 31 additional Kaiser Permanente-staffed retail clinics in Target stores across Southern California​.  Full Article

Target says 127 stores closed across Florida, Georgia, Alabama, South Carolina‍​
Monday, 11 Sep 2017 01:22pm EDT 

Sept 11 (Reuters) - Target Corp ::Says currently, 127 Target stores, 4 distribution facilities closed across Florida, Georgia, Alabama, South Carolina‍​ due to Hurricane Irma.  Full Article

Target names Minsok Pak as company's Chief Strategy and Innovation Officer
Wednesday, 23 Aug 2017 02:45pm EDT 

Aug 23 (Reuters) - Target Corp ::Target names Minsok Pak as company's Chief Strategy and Innovation Officer.Target Corp - ‍Pak will join Target in Minneapolis on September 11, 2017​.  Full Article

Target Corp Q2 ‍adjusted EPS $1.23​
Wednesday, 16 Aug 2017 06:30am EDT 

Aug 16 (Reuters) - Target Corp :Q2 same store sales rose 1.3 percent.Qtrly comparable digital channel sales increased 32 percent.Qtrly ‍adjusted EPS of $1.23​.Q2 GAAP EPS from continuing operations of $1.22.‍For Q3 2017, company expects both GAAP EPS from continuing operations and adjusted EPS of $0.75 to $0.95​.Company expects its full-year 2017 comparable sales growth will be in a range around flat, plus or minus 1 percent..Qtrly sales $16,429 ‍mln versus $16,169 million.For full-year 2017, company now expects GAAP EPS from continuing operations of $4.35 to $4.55.Expects that both Q3 and Q4 2017 comparable sales growth will be within range company experienced in first and second quarters of 2017​.Sees 2017 adjusted EPS of $4.34 to $4.54.As of end of Q2 2017, company had approximately $4.1 billion of remaining capacity under its current $5 billion share repurchase program​.Q3 earnings per share view $0.77 -- Thomson Reuters I/B/E/S.FY earnings per share view $4.39, revenue view $70.21 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.19, revenue view $16.30 billion -- Thomson Reuters I/B/E/S.  Full Article

Target to acquire Grand Junction to expand, improve delivery services for guests
Monday, 14 Aug 2017 09:15am EDT 

Aug 14 (Reuters) - Target Corp ::Target to acquire grand junction to expand and improve delivery services for guests.Target Corp - ‍announced it has agreed to acquire grand junction, a transportation technology company​.Target Corp - ‍upon deal close, grand junction's employees will become target team members​.  Full Article

Target updates second quarter 2017 guidance
Thursday, 13 Jul 2017 06:42am EDT 

July 13 (Reuters) - Target Corp ::Target updates second quarter 2017 guidance.Target Corp - Q2 GAAP EPS is expected to reflect 2 to 3 cents of pressure related to unfavorable resolution of tax matters​.Target Corp - ‍Company expects positive Q2 comparable sales and EPS above high end of prior guidance range​.Target Corp - ‍Target is now expecting to report a modest increase in its Q2 comparable sales​.Target Corp - ‍Company now expects to report Q2 GAAP and adjusted EPS above high end of its previous guidance range of $0.95 to $1.15​.Target - Q2 GAAP and adjusted EPS are expected to reflect a 5 to 9 cent benefit driven by net tax effect of company's global sourcing operations​.Target Corp - ‍In addition, Q2 GAAP EPS is expected to reflect 2 to 3 cents of pressure related to unfavorable resolution of tax matters​.Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S.Target - ‍Following better-than-expected results in Q1, co has seen additional, broad-based improvement in traffic and category sales trends in Q2​.  Full Article

Casper raises $170 million in Series C funding
Monday, 19 Jun 2017 07:30am EDT 

June 19 (Reuters) - Casper::Casper raises $170 million in Series C funding.Casper announces close of $170 million Series C investment round; new investment led by target and includes Tresalia, IVP, NEA, and Irving Capital.Casper - brings total funding to date to $240 million.  Full Article

BRIEF-Target files prospectus supplement related to a potential offering of notes due 2047‍​

* Files prospectus supplement related to a potential offering of notes due 2047 - SEC filing‍​ Source text : (http://bit.ly/2ynzNlH) Further company coverage: