Target's 4q Profit Declines 5.2 Percent

Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.

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BING NEWS:
  • Target's 4Q profit declines 5.2 percent
    But the discounter, which said Thursday that its business has rebounded since then, offered a full-year profit outlook that was above Wall Street estimates. The holiday season turned out to be fiercely competitive with stores offering deep discounts to get ...
    02/23/2012 - 5:20 pm | View Link
  • Target's 4Q profit declines 5.2 percent
    But the discounter, which said Thursday that its business has rebounded since then, offered a full-year profit outlook that was above Wall Street estimates. The holiday season turned out to be fiercely competitive with stores offering deep discounts to get ...
    02/23/2012 - 5:20 pm | View Link
  • Target's 4Q profit declines 5.2 percent
    But the discounter, which said Thursday that its business has rebounded since then, offered a full-year profit outlook that was above Wall Street estimates. The holiday season turned out to be fiercely competitive with stores offering deep discounts to get ...
    02/23/2012 - 9:20 am | View Link
  • Target's 4Q profit declines 5.2 percent
    The discounter, however, offered a full-year profit outlook that was above Wall Street estimates. Target's shares edged higher in premarket trading. Target, like others including rival Wal-Mart Stores Inc., stepped up price cutting during the holiday ...
    02/23/2012 - 4:00 am | View Link
  • Target's 4Q profit declines 5.2 percent amid heavy discounting to bring in holiday shoppers
    NEW YORK — Target Corp. reported a 5.2 percent drop in earnings for the fourth quarter, as big discounts to get tight-fisted shoppers to buy during the holiday season eroded profits. The discounter, however, offered a full-year profit outlook that was ...
    02/23/2012 - 1:09 am | View Link
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