101.74 -0.49 (-0.48%)
Pre-Market: 9:20AM EDT
|Bid||101.69 x 1000|
|Ask||101.90 x 800|
|Day's Range||101.06 - 102.43|
|52 Week Range||81.78 - 106.21|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||35.77|
|Earnings Date||Aug 15, 2019|
|Forward Dividend & Yield||2.12 (2.06%)|
|1y Target Est||108.47|
U.S. stock futures fell before market open Thursday as further signs of a protracted trade war between the U.S. and China weighed on risk assets.
Target's stock is rising after beating earnings expectations. Yahoo Finance's Emily McCormick discusses the quarterly results with Seana Smith on "The Ticker."
Steve Odland The Conference Board President & CEO, President & CEO, The Conference Board, and Co-author of Sustaining Capitalism, discusses retails big plunge, and the few exceptions
The trade war finally hits retail. What's the next retail shoe to drop? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Brian Kelly and Steve Grasso.
Treasury Secretary Steve Mnuchin told lawmakers he regularly speaks with the Walmart CFO about the impact of tariffs on consumers.
NEW DELHI/AYODHYA, May 23 (Reuters) - Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security. Official data from the Election Commission showed Modi's Bharatiya Janata Party ahead in 300 of the 542 seats up for grabs, up from the 282 it won in 2014 and more than the 272 seats needed for a majority in the lower house of parliament. "Together we will build a strong and inclusive India," Modi said on Twitter.
strong quarter and apparent growth trajectory was enough to prompt Stifel to lift its price target on the retailer. Target's first-quarter earnings and revenue rose from the same period a year earlier and beat analysts' estimates. "We view the result favorably, reflecting Target-specific share gains driven by efforts to drive traffic through brand launches, category refreshes, investments to improve customer convenience, and a focus on lower everyday prices on staples," said Stifel analyst Mark Astrachan, who lifted his price target to $85 from $80.
J.P. Morgan upgraded its rating on the stock from neutral to overweight and hiked its target price from $81 to $100.
Raleigh’s new Fortune 500 company is “on track” with its game-changing partnership with one of the world’s biggest retailers: Walmart.
Massmart has appointed Walmart Japan former interim president and chief executive officer Mitchell Slape as its new CEO, succeeding Guy Hayward who resigned in May, the South African retailer said on Thursday. ...
Target reported strong earnings, with same-day fulfillment driving digital sales growth. The discounter's shares soared as department stores reel.
J.C. Penney, Kohl's and Nordstrom are among the retailers that posted disappointing results this week, despite strong earnings at Walmart and Target. Department stores, for the large part, haven't addressed the fundamental weaknesses of their businesses in the same way Target and Walmart have. For department stores, there may be no time left for subtlety.
WASHINGTON (AP) — With negotiations on hold and tariffs piling up, the United States and China appear to be bracing for a prolonged standoff over trade.
Treasury Secretary Steven Mnuchin said Wednesday he has no idea who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege. Appearing before the House Financial Services Committee, Mnuchin said he was not aware of the existence of the memo until reporters from The Washington Post made inquiries about it.
"The point there is that these two are becoming effective competitors on Amazon's turf. "I think our decision years ago to put our stores at the center of our fulfillment strategy is paying off with accelerated growth," CEO Brian Cornell said. "Our store and supply chain team continue to roll out and scale up an interesting leading suite of digital fulfillment options.
“If I had turned them over, I would have been violating the law,” Mnuchin told the House Financial Services Committee on Wednesday. The chairman of the House Ways and Means Committee, Richard Neal, has demanded six years of Trump’s personal and business returns under a law allowing him to make such requests.
Earnings season has been particularly brutal for retailers this quarter as the Amazonification of the industry continues. There are still brick-and-mortar survivors as 'next day delivery' still isn't convenient for certain things that consumers want to buy immediately. Target's earnings were $1.53 versus expectations of $1.43 but more important it raised its second quarter guidance and downplayed the impact of tariffs.
Working mothers in the U.S. are three times as likely as fathers to quit their job at some point to care for their family. In an effort to help these women transition back to the workforce, many companies, including Walmart, are adding mid-career internships, known as returnships, to their recruitment process.