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Target second-quarter profit falls 7.6 percent

Target Corp.'s second-quarter profit fell 7.6 percent, but managed to beat Wall Street expectations. (TGT)

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Barron’s misses the mark on Target

TheStreet.com media critic Marek Fuchs writes Wednesday that a Barron’s story about Target Corp.’s recent earnings missed the bulls’ eye when discussing its credit card issues. Fuchs writes, “To The Wall Street Journal, representative of much of the longer-form work, credit card trouble was the first factor mentioned in the lead sentence to explain why net [...]

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Bill Ackman buys Dr Pepper Snapple Group Inc., Longs Drug Stores Corp., Sells Cadbury PLC, and Target Corp.

Bill Ackman has been making a lot of news lately on Wall Street. His contraversal views about bond insurers with Marty Whitman are widely reported. He is right, so far, making a lot of money by shorting bond insurers. These are his buys and sells during the second quarter. Bill Ackman owns 9 stocks with a total value of $2.4 billion.

+Vote!

Target's 2Q profit declines 7.6 percent

Target Corp. posted a 7.6 percent drop in second-quarter profit Tuesday and offered a cautious outlook for the third quarter as its customers focused on necessities like milk and paper towels and had trouble making their monthly credit card payments.

+Vote!

Target Q2 down 7.6 percent

Target Corp.'s second-quarter profits fell 7.6 percent, but managed to beat Wall Street expectations. (TGT)

+Vote!

Target's Profits Fall as Shoppers Buy Basics

The second-quarter profit decline of 7.6% still beat Wall Street expectations.

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Fashion Roundup: Kim Glass Not A Model Athlete; Bastian Cuts It Close; Saks and Target Lose

Olympian Kim Glass --she's an outside hitter on the US volleyball team--auditioned to be on America's Next Top Model five times. [The Cut ] Luxury retailer Saks Inc. is reporting losses of 31.7 million dollars for the second quarter. [WWD] Less luxurious retailer Target Corp. is having similar problems, reporting a 7.6 percent drop in sales. [ WWD] In a move that will force fashion editors to scramble,...

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Profit down at Target

Target Corp.’s second-quarter profit slipped as the discount retailer faced more frugal consumers and difficulties in its credit card business, the company said Tuesday. But the results still managed to beat analysts’ estimates.

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Target profit drops 8%

Retailer Target Corp. reported a 7.6% decrease in quarterly profit Tuesday, even as overall sales grew.

+Vote!

Target Q2 down 7.6 %

Target Corp.’s second-quarter profits fell 7.6 percent, but managed to beat Wall Street expectations. (TGT)

+Vote!

Credit card troubles hurt Target’s profit

Target Corp. reported a 7.6 percent drop in second-quarter profit Tuesday as its financially squeezed consumers focused on necessities like milk and paper towels.

+Vote!

Target Q2 down 7.6 %

Target Corp.’s second-quarter profits fell 7.6 percent, but managed to beat Wall Street expectations. (TGT)

1Vote!

Target's 2Q profit declines 7.6 percent

Target Corp. reported a 7.6 percent drop in second-quarter profit Tuesday but beat Wall Street expectations despite weak sales growth in the tough economy that has seen shoppers pull back.

+Vote!

Target Corporation Second Quarter Earnings Per Share $0.82

MINNEAPOLIS--(BUSINESS WIRE)--Target Corporation (NYSE:TGT) today reported net earnings of $634 million for the second quarter ended August 2, 2008, compared with $686 million in the second

+Vote!

Target's profit declines 7.6 percent

Target Corp. reported a 7.6 percent drop in second-quarter profit Tuesday but beat Wall Street expectations despite weak sales growth in the tough economy that has seen shoppers pull back.