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Target Corp. is reporting a 13 percent drop in second-quarter earnings as the discounter spent money on opening stores in Canada and dealt with cautious shoppers in the U.S. The Minneapolis-based discounter is offering a muted full-year outlook.
Wall Street analyst and former Gopher linebacker Pete Najarian
Leading figures from Minnesota’s state budget agency are headed to Wall Street for meetings with influential credit rating firms. The bond house trips are typical after a new state budget is adopted and before the state gets ready to issue long-term debt to pay for construction projects.
Target is setting its bullseye on Canada in 2013. Its investment in a Canadian launch this year and weaker-than-expected holiday sales caused Target Corp.’s net income to fall 2 percent in the fourth quarter of last year.
An underground water line ruptured early Saturday in downtown St. Paul, flooding several city blocks, and causing a widespread drop in water pressure – prompting city officials to warn customers to use water only after boiling for three minutes.
Jill Schlesinger talked with Dave Lee on Friday morning about the uptick in the economy
Jill Schlesinger talked about budget negotiations in Washington DC with Dave Lee Friday morning on WCCO.
Target Corp. on Thursday reported a third-quarter net income that handily beat Wall Street expectations, and the big-box retailer issued a rosy outlook heading into the critical holiday shopping season.
CBS Moneywatch editor-at -large Jill Schlesinger joined Dave Lee early Friday morning on WCCO Radio.
There was a moment in the debate that will be discussed in the days ahead that everyone missed until yesterday. A review of the debate tape reveals that, apparently, Mitt Romney needed a cheat sheet to keep the lies straight.
It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.
Romney is dragging his own campaign and every Republican down. Republican operatives and House and Senate candidates have conceded as much throughout the month of September.
Occupy Wall Street made the world aware of Wall Street’s nearly-obscene inequities. But, unfortunately, that has been about it. How much has really changed because of the 12-month-old movement?
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Vice President Joe Biden is defending the Obama administration’s efforts to reform Wall Street — and comparing Republican critics of the law to “squealing pigs.”
CBS News business reporter Rebecca Jarvis joined Dave Lee on the WCCO Morning News Thursday
Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing a turnaround plan.
Best Buy Co.’s fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing its turnaround plan. Its adjusted earnings and revenue both topped Wall Street’s expectations.
Dave Lee talked with CBS News business reporter Rebecca Jarvis on Thursday morning about the Facebook IPO and other Wall Street topics.