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Shares of Zale Corp. (ZLC) catapulted more than 20% by afternoon trade after the jewelry retailer reported on Wednesday that it swung into fiscal third quarter profit. The Company also announced that the appointment of its new Chairman, Terry Burman, who previously served at the Chief Executive at rival firm, Signet Jewelers Ltd. For the [...]
Shares of Target Corporation (NYSE: TGT), the Minneapolis, Minnesota-based retailer, rose sharply in trading on Thursday after the company reported its sales results for the month of December.
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United States’ second largest retail chain, Target Corp (NYSE: TGT) reported better-than-expected fiscal third-quarter results on Thursday. The company’s profit benefited from sale its consumer credit-card business. Meanwhile wider array of food products and discounts for cardholders brought more shoppers to TGT’s doorstep, boosting sales.
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Pier 1 Imports (NYSE: PIR) reported on Thursday that its fiscal second-quarter earnings climbed 58% as decorative home furnishings and gifts retailer’s sales soared even as it received income tax benefit.
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Shares of Sarepta Therapeutics Inc. (NASDAQ: SRPT), a biopharmaceutical company focused on rapidly advancing the development of its disease-modifying Duchenne muscular dystrophy drug candidates, surged in trading today.
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Despite sluggish consumer spending, uncertain economy, discount retailer and general merchandiser, Target Corporation, (NYSE: TGT) reported better-than-expected fiscal second quarter results thanks to rising sales due to expansion of food sections. The company has also lifted its full-year outlook.
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