MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- SRQ Resources Inc. (“SRQ” or the “Company”) (TSX-V: SRQ) is pleased to announce the mobilization of drilling crews and the commencement of its 4,000-metre diamond drilling program at the highly prospective Target 900 located on the Lac Brulé property, under Autorisation d’Exploration à Impact ATI-118, in the Province of Québec, Canada. “We’re excited to kick off drilling at Target 900—an important milestone in revealing the potential of Lac Brulé,” said Dr. Marc-A ...

Target (TGT 2.03%) is one of the leading retailers in the United States, often looked at as a more upscale Walmart. While that's a pretty good description of the business, it isn't the best comparison today because Walmart's business is doing fairly well while Target's stores aren't. But for contrarian investors, there are still some strong reasons to buy Target stock while it looks like it's on sale.1. Target has a historically high yieldFor many investors, the big reason to like Target today is its 4.5% d ...

Core Viewpoint - Venu Holding Corporation (NYSE American: VENU) has received strong endorsements from Northland Capital and ThinkEquity, both assigning a Buy/Outperform rating with a price target of $15, highlighting its disruptive business model and rapid growth in the $79.7 billion live entertainment market [1][2]. Group 1: Analyst Ratings and Insights - Northland Capital initiated coverage with an "Outperform" rating and a $15 price target, praising Venu's unique municipal partnership model that secures 40% of project financing through public-private partnerships, thus reducing capital investment [2][3]. - ThinkEquity assigned a "Buy" rating with a $15 price target, citing Venu's scalable, high-margin business model and diversified revenue streams, including ticket sales, sponsorships, and fractional ownership [4]. Group 2: Financial Performance and Growth - Venu generated $38.7 million in Luxe FireSuite and Aikman Club sales in Q1 2025, showcasing its successful revenue generation strategy [2]. - The company reported a 19% increase in total assets to $212.9 million in Q1 2025, driven by property acquisitions and FireSuite sales [7]. - Venu's $1.3 billion pipeline and low-debt balance sheet are highlighted as key strengths, with financing structured through municipal partnerships, pre-sales of fractional ownership, and sale-leaseback arrangements [3][4]. Group 3: Strategic Partnerships and Market Position - Venu's partnership with Ryan aims to double its expansion pace, while a recent alliance with Aramark enhances fan experiences [7]. - The introduction of the "Disruptor Award" in collaboration with Billboard aims to spotlight Venu's fan-owned model, further enhancing its market presence [7]. - Inclusion in the Russell 3000 Index may increase Venu's exposure to investors [7].

Group Eleven Announces $2.2 Million in Early Warrant and Option Exercises and Provides Update on Carrickittle West 'Pallas Green Lookalike' TargetJune 16, 2025 6:00 AM EDT | Source: Group Eleven Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - June 16, 2025) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce funding from early warrant and option exercise and provide an update on the Company's Carrickittle W ...

Group 1: Alphabet - Alphabet is considered one of the "Magnificent Seven" stocks, trading at around 20 times earnings, which is a discount compared to peers and the overall market [2] - The company has a low dividend yield of 0.5% with a payout ratio of 8.9%, indicating significant room for future dividend growth [3] - Alphabet is focusing on share repurchases and investing in AI growth rather than increasing dividends [3] - The company is innovating in AI, introducing features like "AI Overviews" and "AI Mode" in Google Search, which are expected to monetize similarly to traditional search [4] - Alphabet's Gemini 2.5 LLM has gained traction, quickly rising in developer rankings and leading in various applications [5] - The company has three other significant businesses: YouTube, Google Cloud, and Waymo, with YouTube growing by double digits and Google Cloud achieving a $50 billion annual revenue run-rate with 28% growth last quarter [7] - Waymo is a leader in the autonomous taxi industry, conducting over 250,000 autonomous rides weekly across four cities [8] Group 2: Applied Materials - Applied Materials is a leading semiconductor equipment supplier, currently 33% below its July 2024 highs, but recognized for its high-quality business [9] - The company specializes in etch and deposition equipment essential for AI-related semiconductor production, with a services business contributing 22% of revenue [9][10] - Applied Materials pays a 1.1% dividend with a low payout ratio of 19.5%, allowing for potential future dividend growth, including a recent 15% increase [10][11] Group 3: Target - Target is trading at just 11 times earnings with a substantial 4.6% dividend, but is down 64% from its all-time highs [13] - The company is experiencing revenue declines but remains profitable, with competitive store locations despite not being known for ultra-low prices [14] - Target's focus on discretionary items has been impacted by inflation, but signs of recovery are emerging as inflation appears to be easing [15] - The digital business grew in the mid-single digits last quarter, with a notable 36% growth in same-day delivery [16] - Target has a long history and has successfully navigated crises, suggesting potential for recovery and stability in the future [17]

Core Viewpoint - Target is facing significant challenges, with sales declining and stock prices dropping over 60% from their peak, marking the worst performance since the 1990s, but the company is not considered to be dying and has a fundamentally sound financial foundation [1][4][7]. Group 1: Sales and Market Conditions - Target's sales have plateaued and started to decline due to various factors, including increased financial strain on consumers primarily caused by rampant inflation [4]. - Groceries and household essentials accounted for only 40.5% of total merchandise sales last year, meaning that when consumers cut back on discretionary spending, Target is significantly impacted [5]. - Consumer sentiment has dropped to its lowest level since July 2022, exacerbated by tariff uncertainties [5]. Group 2: Company Policies and Backlash - Target faced backlash from shoppers due to its decision to roll back diversity, equity, and inclusion (DEI) policies, leading to a 40-day boycott that began in early March [6]. - Merchandise sales dropped 3.1% year over year in Q1 2025, following a 3.2% decline in Q1 2024, indicating ongoing struggles [6]. Group 3: Financial Stability - Despite challenges, Target maintains a solid financial foundation, with a dividend yield of 4.4% and annual dividend spending of $2 billion, while generating over $3.5 billion in free cash flow over the past year [7][8]. - Target has nearly $2.9 billion in cash, sufficient to fund dividends for a year, and holds an investment-grade credit rating, allowing time to rethink business strategies [8]. Group 4: Growth Plans - Target plans to open 300 new stores over the next decade, increasing its footprint by approximately 15%, indicating a commitment to growth despite current challenges [10]. - The company has less than half the number of stores as Walmart, suggesting that the U.S. market can support further expansion [10]. Group 5: Valuation and Investment Potential - Target's stock is currently priced at a price-to-earnings ratio of 11, significantly lower than Walmart's 41, reflecting pessimistic market expectations [11]. - If Target maintains its 4.4% dividend and achieves mid-single-digit earnings growth, it could generate double-digit annualized investment returns, improving sentiment towards the stock [12]. Group 6: Conclusion - The stock is positioned for potential improvement, as it would require a complete failure for the stock not to recover somewhat from current levels, making it an attractive option for investors seeking dividends while waiting for recovery [13].

Core Points - Target Corporation held its 2025 Annual Meeting of Shareholders on June 11, 2025, where all 12 board nominees were elected, the appointment of the independent accounting firm was ratified, and the executive compensation proposal was approved [1][2] - A total of 391,209,355 shares were voted, representing approximately 86.1% of Target's outstanding shares [2] Voting Results Summary - **Board Nominees Election**: All nominees were elected with the following support percentages: - David P. Abney: 99.3% For - Douglas M. Baker, Jr.: 97.0% For - George S. Barrett: 96.8% For - Gail K. Boudreaux: 99.2% For - Brian C. Cornell: 91.0% For - Robert L. Edwards: 99.0% For - Donald R. Knauss: 98.8% For - Christine A. Leahy: 96.4% For - Monica C. Lozano: 96.3% For - Grace Puma: 99.4% For - Derica W. Rice: 96.3% For - Dmitri L. Stockton: 95.5% For [2] - **Appointment of Independent Accounting Firm**: Ernst & Young LLP was ratified with 93.3% For, 6.4% Against, and 0.3% Abstain [2] - **Executive Compensation Approval**: The "Say on Pay" proposal received 92.2% For and 7.8% Against [2] - **Shareholder Proposal Rejection**: A proposal for a report on affirmative action initiatives was not approved, with only 7.1% For and 91.5% Against [2] Company Overview - Target Corporation, based in Minneapolis, operates nearly 2,000 stores and Target.com, aiming to help families discover the joy of everyday life [3] - Since 1946, the company has contributed 5% of its profit to communities, amounting to millions of dollars weekly [3]

Target boosts its payout to run its streak to 54 years of increases, but that's not the real story here.Target (TGT -2.27%) made it official on Thursday. The mass-market retailer lived to keep its Dividend King crown another year. Target boosted its quarterly dividend rate, something that the chain operator has now done for 54 consecutive years.It wasn't much of an increase. The new quarterly distribution rate of $1.14 a share is just a pair of pennies -- or 1.8% -- higher than the old dividend. Target stoc ...

Key Takeaways TGT raised its quarterly dividend by 1.8% to $1.14 per share, payable on Sept. 1, 2025. TGT's buybacks continue, with $251M spent in Q1 and $8.4B left under its current repurchase plan. Despite efficiency gains, weak traffic and pressured categories may slow Target's recovery in 2025.Target Corporation (TGT) has once again demonstrated its commitment to rewarding its shareholders by announcing a 1.8% increase in its quarterly dividend. The retail giant raised its dividend from $1.12 to $1.14 ...

Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon June 11, 2025 8:30 AM EDT | Source: Sitka Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce initial assay results from its 2025 summer drill program currently underway at its 100% owned ...