Archive for the ‘Uncategorized’ Category

Target – Wal-Mart Stock Battle

Posted by Tarjay Investor on May 25th, 2009 under Uncategorized Tags: , , ,  •  No Comments

Year-to-date the Target vs. Wal-Mart stock battle has gone to Target.  In fact, it’s not even close.  Wal-Mart is down over 12 percent.  Target stock, on the other hand, is up nearly 18 percent.  Target also has a leg up on Costco (also down 2009) and DollarTree which is up over 2 percent on the [...]

Target Stock Ends Week Up

Posted by Tarjay Investor on May 23rd, 2009 under Uncategorized Tags: ,  •  No Comments

Believe it or now, Target stock ended the week before Memorial Day in the green.  Sure it wasn’t up more than a point and, sure, it dropped nearly 10 percent from its intraday high on Wednesday, but the week was still up.  No one was too excited about its earning beat after the numbers came [...]

Target Stock Checker

Posted by Tarjay Investor on May 17th, 2009 under Uncategorized Tags: , , , ,  •  No Comments

Time for our Target stock checker.  It seems as if the fears of a consumer melt down are creeping back in.  Target stock ended last week down nearly 7 percent.  Also came news on Friday that Pershing Square had reduced its Target stock holdings.  With consumer credit likely to be the next big story, it [...]

Target Stock Earnings Announcement

Posted by Tarjay Investor on May 14th, 2009 under Uncategorized Tags: , , ,  •  No Comments

Target has announced its first quarter 2009 earnings report date.  The company will hold its call for investors on Wednesday May 20, 2009 at 10:30 AM.  The company’s announcement will come earlier that morning.  The stock is under pressure with growing concerns about the consumer’s viability.  Most still see the store as a more expensive [...]

Target Stock Proxy Battle Will Have Unlikely End

Posted by Tarjay Investor on May 7th, 2009 under Uncategorized Tags: , , , , , ,  •  No Comments

Or at least the location likely would not have been guessed.  William Ackman and Pershing Capital Management will be forced to end their proxy battle with Target to replace members of the board of directors on a nearly complete construction site in Wisconsin.  The new Target store in Waukesha will be the meeting site for [...]

Target Corporation YTD Return

Posted by Tarjay Investor on April 26th, 2009 under Uncategorized Tags: , ,  •  No Comments

Year to date Target stock has returned a nice 16.07% plus a 16 cent dividend.  Not too bad for one of the biggest financial disasters since the Great Depression.  Of course this return is of little solace to those who purchased the stock near $60.  Or perhaps little to those who have only seen a [...]

Target April Same Store Sales

Posted by Tarjay Investor on April 19th, 2009 under Uncategorized Tags: , , , , ,  •  No Comments

One analyst is saying the Target stock is on track for same story sales that are flat for April.  While this seems like really good news, the store is also being helped by the shift of Easter back into April.  As clearance and old stock gets purged from the system, gross margins are improving.  General [...]

Target Corporation Fights Back

Posted by Tarjay Investor on March 31st, 2009 under Uncategorized Tags: , ,  •  No Comments

Target Corporation is fighting William Ackman and his Pershing Square Capital push to nominate 5 members to the Target stock board of directors.  The original slate was set to elect 13 members to the board, but Target filed with the SEC to only have a 12 member board sit.

Think Your Target Stock Investment is Down?

Posted by Tarjay Investor on February 9th, 2009 under Uncategorized Tags: , , ,  •  No Comments

Well, you probably aren’t feeling it as much as Pershing Square’s William Ackman.  Ackman set-up a hedge fund solely to invest in Target stock.  Obviously, this has not panned out as the wisest investment of Ackman’s career.  The fund is down over 40% YTD (that’s a lot) and nearly 90% overall.  Ouch.

Target Layoffs Coming Soon

Posted by Tarjay Investor on January 27th, 2009 under Uncategorized Tags: , , ,  •  No Comments

Target Corporation (NYSE: TGT) acknowledged today that it will be cutting workers.  It seems as if the layoffs will be coming at the management level, particularly at its Minnesota headquarters.  Target stock investors, eager to see the chain shed some of its fixed costs may be looking for ‘thousands’ of layoffs, but in reality may [...]