Piper Jaffray Reiterates Overweight as Target (TGT) Experiences Slowdown in Digital Platform; Still Seeks 40% Digital Growth

Pre-Open Stock Movers 11/18: (FCS) (BLUE) (NSC) (SCTY) (AAPL) Higher; (RADA) (GPRO) (CTXS) Lower (more...)

November 18, 2015 9:30 AM EST

RADA Electronic Industries (NASDAQ: RADA) 39% LOWER; reported Q3 EPS of ($0.13), versus ($0.02) reported last year. Revenue for the quarter came in at $3.3 million, versus $4.8 million reported last year.

... More

Target's online sales growth slows; margins pressured

November 18, 2015 8:03 AM EST

By Nandita Bose

CHICAGO (Reuters) - Target Corp (NYSE: TGT) faces margin pressure and will not meet its fiscal-year forecast for online sales growth, which slowed in the latest quarter, the discount retailer said on Wednesday, sending its shares down more than 5 percent.

Digital sales, which include online and mobile, increased 20 percent in the third quarter ended Nov. 1, missing Target's expectations of 30 percent, Chief Financial Officer Cathy Smith said. In March, the company said it expected a 40 percent rise for the year.

"It's clear that in 2015 we don't expect to... More

Target (TGT) Reports In-Line Q3 EPS; Boosts FY15 EPS Outlook

November 18, 2015 8:02 AM EST

Target (NYSE: TGT) reported Q3 EPS of $0.86, in-line with the analyst estimate of $0.86. Revenue for the quarter came in at $17.6 billion versus the consensus estimate of $17.57 billion.

Third quarter comparable sales growth of 1.9 percent was near the high-end of the companys expectations,... More

Wall St. rallies after Fed minutes solidify December rate hike bets

November 18, 2015 7:06 AM EST

By Sinead Carew

(Reuters) - U.S. stocks closed higher on Wednesday and investors appeared positively inclined toward higher rates after minutes from the Federal Reserve October meeting showed a solid core of officials rallied behind a possible December rate hike.

Central bankers at the October policy meeting also debated evidence the U.S. economy's long-term potential may have permanently shifted lower.

The three major indexes added to earlier gains after the 2:00 PM ET Fed release and buying accelerated ahead of the close.

"I think the market is ready and comfortable for an increasing Fed funds... More

Trading Radar for 11/18: Target (TGT), salesforce (CRM), Staples (SPLS), Lowe's (LOW), Hillenbrand (HI) Report

November 17, 2015 3:54 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

8:30am EST

Housing Starts - Street sees 1.173MBuilding Permits - Street sees 1.137M

Earnings:

Aramark Services (NYSE: ARMK) - consensus EPS $0.39
Daqo... More

Streetinsider.com's Hot Lunchtime Reads 11/17: (GE) (VRX) (GOGO) (WMT)

November 17, 2015 12:14 PM EST

The following is a list of notable articles to help get you through the lunch hour:General Electric (GE) says asset sales proceeding ahead of plan ->... More

UPDATE: Wal-mart's (WMT) Strong Traffic Growth Keeps Piper Jaffray Bullish on Target (TGT); Reiterates Outperform

November 17, 2015 11:44 AM EST

(Updated - November 17, 2015 11:57 AM EST)

Piper Jaffray reiterated an Overweight rating and $88.00 price target on Target (NYSE: TGT) following Wal-mart's (NYSE: WMT) 3Q comps. Walmart reported a +1.5% comp for its U.S. business, in-line with... More

Wall Street gives up gains after Germany bomb scare

November 17, 2015 7:20 AM EST

By Noel Randewich

(Reuters) - U.S. stocks forfeited gains on Tuesday after a soccer match between Germany and the Netherlands was called off over fears of a bombing.

All three major U.S. indexes had ventured into positive territory following upbeat earnings reports from Wal-Mart (NYSE: WMT) and Home Depot (NYSE: HD). But they quickly relinquished those gains after the friendly match was canceled less than two hours before its start due to indications of a planned attack with explosives at the stadium in Hanover.

That added to... More

Goldman's Teen Vogue Survey Highlights Top Brands for Millennial Women

November 16, 2015 11:02 AM EST

Goldman Sachs surveyed Teen Vogue's "It Girls" (fashion influencers between the ages of 13-29) to analyze the most important fashion, beauty, and retail brands in todays marketplace. The LOVE LIST represents the best known, most loved, and most talked about brands by It Girls. BRANDS RISING ranks those best positioned to break out with mainstream women. Beauty maintains its position as the top category but Athletic is outpacing the growth and Nike is at the top of the charts.

Goldman's partner survey is conducted in two parts. It taps into a group of Teen Vogue's It Girls, a... More