Joining the growing list of retailers that are updating their guidance for the fourth quarter is Target Corp (NYSE:TGT). The company expects comparable store sales to rise 1.5% for the quarter, well above previous estimates, but maintained its profit forecast as price cutting to appease cash-strapped consumers pressured margins. At last glance, TGT is down 3.2% to trade at $130.29The shares are on track for their fourth-straight decline, looking to extend their nine-month decline of 23.1%. TGT had been clim ...

Key TakeawaysTarget said Thursday that its holiday sales exceeded expectations, leading the retailer to lift its fourth-quarter comparable sales growth projections.The retailer said it had record sales during its Black Friday and Cyber Monday promotional events, with in-store and digital traffic up year-over-year.Target also announced several executive changes Thursday as a pair of its longtime executives announced plans to retire. Target (TGT) on Thursday lifted its projection for comparable store sales gr ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Burlington, Ontario--(Newsfile Corp. - January 16, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has completed the first phase of underground development at the Washington Mine in Idaho.On November 22, 2024 SBMI announced it had engaged a contract miner (the "Miner") to carry out underground and surface development and bulk sampling at the Washington Mine. Much of the instructions given to the Miner were based upon the contents of the Stok ...

Black Friday sale signs are seen at a Target store in Chicago on November 26, 2024, ahead of the Black Friday shopping day.Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts.The big-box retailer now expects comparable sales in the fiscal fourth quarter to grow by about 1.5%. That's better than its most recent outlook that the metric would be approximately flat. Comparable sales in ...

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Target Corp. (NYSE:TGT) on behalf of long-term stockholders. Our investigation concerns whether the board of directors of Target have breached their fiduciary duties to the company. On November 20, 2024, Target reported earnings well below Wall Street's expectations, which the big retail chain blamed on slower-than-expected demand. Target exe ...

Key TakeawaysGE Vernova shares surged Tuesday after Bank of America analysts raised their price target for the energy company's stock.The analysts suggested the company could benefit from rising prices for gas turbines. GE Vernova is set to report fourth-quarter results on Jan. 22. GE Vernova (GEV) shares jumped Tuesday after Bank of America analysts raised their price target for the company's stock ahead of its fourth-quarter earnings report next week.  The analysts raised their price target to $415 from $ ...

Analyst Background - Uttam is a growth-oriented investment analyst specializing in the technology sector, with a focus on semiconductors, artificial intelligence, and cloud software [1] - His research also covers MedTech, Defense Tech, and Renewable Energy [1] - Uttam co-authors The Pragmatic Optimist Newsletter with his wife, Amrita Roy, which is regularly cited by leading publications like the Wall Street Journal and Forbes [1] - Prior to publishing research, Uttam led teams at major technology firms including Apple and Google in Silicon Valley [1] Disclosure Information - The analyst has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article expresses the analyst's own opinions and is not compensated for by any company mentioned [2] - Seeking Alpha is not a licensed securities dealer, broker, or investment adviser, and its analysts may not be licensed or certified by any regulatory body [3]

Key TakeawaysJPMorgan raised its price target on Boot Barn Holdings after meeting with executives of the company.The analysts lifted the price target of the Western footwear and clothing retailer by $12 to $200.Boot Barn Holdings shares were little changed Monday morning after jumping in premarket trading, but they have soared more than 110% in the last year. JPMorgan boosted its price target on Boot Barn Holdings (BOOT) stock, pointing to strong holiday sales and positive comments from executives at the We ...

The bull market has sent the S&P 500 up 23% over the last year. But this run has brought the average yield of the index down to just 1.24% -- the lowest yield since 2000.Investors looking to boost their yield in the new year can find compelling choices in retail and telecommunications. Here are two solid dividend payers that can help you increase your passive income.1. TargetRising inflation and interest rates have taken a toll on many retail companies. Leaders like Walmart and Costco have handled the headw ...