|Bid||1,271.70 x 1500|
|Ask||0.00 x 20000|
|Day's Range||1,275.42 - 1,275.42|
|52 Week Range||890.00 - 1,473.50|
|PE Ratio (TTM)||239.25|
|Forward Dividend & Yield||46.11 (3.48%)|
|1y Target Est||N/A|
Stocks sank on Friday after President Donald Trump moved to slap tariffs on up to $60 billion worth of China-made goods.
While a Target-Kroger merger seems to be off the table for the moment, there's at least reason to believe that it could benefit both companies.
Are retail giants Kroger (KR) and rival Target (TGT) poised for a $57 billion mega-merger? The stocks then fell back, before rallying again, as other reports—also citing unnamed sources—poured cold water on the idea. Analyst Rupesh Parikh at Oppenheimer says the likeliest combination is just a partnership involving Shipt, the same-day home delivery service that Target recently acquired.
A new report suggests that retailing giants Target and Kroger are talking about potentially merging. Kroger isn't commenting and Target isn't responding, but a combination of the two companies could help bolster their position against the growing threat of Amazon.
In February 2018, Target Corporation (NYSE:TGT) released its most recent earnings announcement, which indicated that the company experienced a slight tailwind, eventuating to a single-digit earnings growth of 9.70%. BelowRead More...
Earlier on Friday, tech focused magazine Fast Company reported that the companies are in possible merger talks, sending the shares of both companies higher. Kroger has a market cap of $20.62 billion and Target $37.12 billion. Shares of Target are up 1.5 percent at $70.
Among the companies with shares expected to trade actively in Friday's session are Boeing, Alphabet, Facebook, Dropbox, Kroger, Nike and Micron.
Shares of Target Corp. and Kroger Co. jumped 2.7% and 6.9% respectively on a report from Fast Company that the two companies are in merger talks. The retailers began discussions last summer about a partnership, ...
When it comes to fashioning a turnround, Target insists it is “playing our own game”. It should stick to playing alone. On Friday, reports surfaced that the bargain chic discounter was pondering a tie-up ...
Target Corp. could add $600 million in sales from the Toys 'R' Us store closings, according to a report from Credit Suisse. Their analysis shows 90% of Toys 'R' Us stores and 96% of Babies 'R' Us stores ...
Big Lots, Inc. (NYSE:BIG) stock faced a massive selloff following its earnings report. The modest multiple, along with increasing profits and dividends in a recession-proof business makes Big Lots stock a compelling prospect.
BIRMINGHAM, Ala. and MINNEAPOLIS, March 22, 2018-- Shipt, a leading online marketplace, and Target Corporation today announced they will begin same-day delivery of more than 55,000 groceries, essentials, ...
Reports that Toys 'R' Us may liquidate operations hit toy makers stocks like Mattel (MAT) and Hasbro (HAS) pretty hard, as well as stroller maker Newell Brands (NWL). Credit Suisse's Seth Sigman takes a look at the big box retailer Thursday, writing that it should disproportionately benefit, if not immediately. Yes, there's still a good deal of inventory left to liquidate from Toys 'R' Us, and that could limit upside for Target for the first half of the year.
NEW YORK (AP) — When a young customer returned to Mary Arnold Toys a few days after an Easter egg decorating event, store owner Judy Ishayik asked the child, "How is your egg?"
Retailers are getting smarter with the game-changing technologies and are ready to adopt any innovations that keep them ahead of the curve.
CNBC's Courtney Reagan reports the latest on headlines around a possible deal between Target and Kroger. However, sources say the retailers met about the partnership with Shipt.