Target soars while Qualcomm plunges

Stocks that moved substantially or traded heavily on Wednesday: Target Corp., up $5.60 to $77.56 Target soars while Qualcomm plunges | Fox Business News

Target soars while Qualcomm plunges The retailer reported a surge in online sales that helped push profit and revenue beyond wall street forecasts. Lowe’s Cos., down $13.16 to $97.94 The home improvement retailer cut its profit.

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In response, Wedbush raised its price target to $21 from $19, while RBC issued a price-target hike to $24 from $22 — both in territory the equity has not traded near since mid-2015. While Karyopharm.

The retailer reported a surge in online sales that helped push profit and revenue beyond Wall Street forecasts. Lowe’s Cos., down $13.16 to $97.94 The home improvement retailer cut its profit outlook for the year after reporting weak first quarter financial results. Nordstrom Inc., down $3.50 to $34.

Several big retailers also declined, including target. 5.65. qualcomm lost $1.36, or 2.1 percent, to $63.49. Other chipmakers were trading higher as part of a pickup in technology stocks. Nvidia.

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CHICAGO (Reuters) – Sears Holdings Corp <SHLD.O> said on Thursday it was shuttering 103 unprofitable Kmart and Sears stores as it continues to assess the viability of its operations. The department store operator, which has racked up 24 straight quarters of sales declines, said 64 Kmart stores and 39 Sears stores would be closed between [.]

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The upscale department store’s first quarter profit fell far short of Wall Street forecasts and it slashed its outlook for the year. Urban Outfitters Inc., down $2.66 to $24.34 The clothing.

NEW YORK (AP) – Stocks that moved substantially or traded heavily on Wednesday: Target Corp., up $5.60 to $77.56 The retailer reported a surge in online sales that helped push profit and revenue.

Qualcomm Apple deal buoys the chip sector.. #Flashback Friday: Target soars while gap continues 5-year downturn.. gap same-store sales plunge, Footlocker stock slides after missing.

The retailer reported a surge in online sales that helped push profit and revenue beyond Wall Street forecasts. The cosmetics and beauty products company is being bought by Brazilian makeup brand.