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Target, like its peers, has a bull’s-eye on its back

If you had told me even a year ago that I would soon see Target Corp. deliver a 5.1 percent increase in comparable sales over a year earlier, I don’t think I would’ve believed you. And if you also told me that Wall Street’s response to that kind of growth would be to slam the big-box retailer’s shares, then I ...

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Renault-Nissan truce could still turn into war

Is it all over? That’s certainly the impression being given by the French and Japanese governments following the arrest and ouster of Nissan Motor Co. Chairman Carlos Ghosn. Hours after the Japanese company’s board voted to remove him due to allegations of misconduct, the two countries’ finance and economy ministers met and pledged support for the alliance between Nissan and ...

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Tech leads stock rebound; Treasuries decline, oil soars

Bloomberg Beaten-down tech shares led the rebound in US stocks, while Treasuries fell as investors gained confidence from positive political developments in Europe and rising oil prices. The S&P 500 Index rallied back from its worst week in a month amid signs of progress in two standoffs that have continually rattled markets — Italy’s fiscal woes and Brexit. The 10-year ...

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