Cowen Cuts Price Target as Target (TGT) Reduces 2H Outlook
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August 17, 2016 1:30 PM EDT
Jacqueline Rice joins as Roy Nichols transitions to director emeritus
HUNTSVILLE, Ala.--(BUSINESS WIRE)--
ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open
networking solutions, today announced that Jacqueline (Jackie) Hourigan
Rice, Targets EVP and chief risk and compliance officer, has joined
ADTRANs board of directors. Rice assumes the seat of retiring board
member Roy Nichols, who has served as a member of ADTRANs board of
directors since 1994. Nichols has served as lead director and most
recently as a member of the Audit, Compensation, and Nominating and
Corporate... More
August 17, 2016 6:30 AM EDT
Better-than-expected profitability; comparable sales in line with
guidance
Second quarter GAAP EPS from continuing operations of $1.07 and
Adjusted EPS of $1.23 were above the high end of guidance1.
The Company is on pace to exceed its goal to save $2 billion in
costs over the 2-year period ending in 2016.
Second quarter comparable sales decreased 1.1 percent, in line with
guidance of flat to down 2 percent.
Comparable sales growth in Signature Categories outpaced total
comparable sales by approximately 3 percentage points; digital channel
sales increased 16 percent....
More
August 15, 2016 8:00 AM EDT
***PLEASE NOTE TIME CHANGE FROM PREVIOUS QUARTERS***
MINNEAPOLIS--(BUSINESS WIRE)--
Target Corporation (NYSE: TGT):
WHAT:
Â
Target Corporations (NYSE:
TGT) webcast of its 2nd quarter earnings
conference call.
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... More
