TARGET

Bed Bath full-year target tops estimates; shares soar

IBTimes Logo
Bed Bath and Beyond Inc forecast earnings growth for the current year that would beat Wall Street estimates, following a holiday season that saw U.S. shoppers spend more on home goods, and its shares jumped 9 percent.
IBTimes Logo

Bed Bath FY target tops estimates; shares soar

Bed Bath and Beyond Inc forecast earnings growth for the current year that would beat Wall Street estimates, following a holiday season that saw U.S. shoppers spend more on home goods, and its shares jumped 9 percent.
More news
IBTimes Logo

PIMCO raises $1.5 billion to target bank assets: report

Pacific Investment Management Co , the manager of world's largest bond fund, has raised more than $1.5 billion for a new fund to buy assets from banks looking to strengthen their balance sheets, Bloomberg said, citing two people with knowledge of the fundraising.
A new study says upcoming wind farm and solar energy projects in in Hawaii could reliably provide energy for 25 percent of the state.

China puts hard target on energy use -Xinhua

China's plan for the next five years will put a hard target on overall energy use, capping consumption at 4 billion tonnes of coal equivalent (TCE) by 2015, Xinhua news agency quoted the country's former energy chief Zhang Guobao as saying on Friday.
IBTimes Logo

Barclays raises S&P 500 index 2011 target

Barclays Capital said it is more constructive about U.S. corporate earnings for 2011, citing increased confidence in financial sector margins and lower economic uncertainty, and raised its full-year price target for the S&P 500 index <.SPX> to 1,450 from 1,420.
IBTimes Logo

Target sees Canada helping profit double in 7 years

Target Corp expects the pace of sales growth at established stores to double this year and predicted that entering Canada in 2013 and its branded credit card discount program could help it reach annual sales of $100 billion within seven years.
IBTimes Logo

Target, Kohl's say consumer spending gains fragile

Mid-tier department store operator Kohl's Corp expects more sales gains this year, while discount retailer Target Corp said fewer shoppers are defaulting on their credit card debt -- signs that consumers' finances are getting better, slowly.
People walk pass a billboard advertising Reliance Power, at the Bombay Stock Exchange (BSE) in Mumbai February 11, 2008.

JPMorgan cuts Reliance Comm target price by 49 pct

JPMorgan has slashed its target price on mobile operator Reliance Communications by 49 percent to 82 rupees, citing lower estimates for wireless and broadband segments and issues related to spectrum regulations.
IBTimes Logo

UK inflation surges to double BoE's target

Inflation in Britain rose to double the Bank of England's target in January, increasing pressure on the central bank to raise interest rates despite a fragile economic recovery.
IBTimes Logo

Diodes Upgraded at Robert W. Baird

Robert W. Baird upgraded its rating on shares of Diodes Inc. (NASDAQ: DIOD) to outperform from neutral on attractive valuation. The brokerage raised its price target on shares of the supplier of components to chipmakers to $32 from $20.
IBTimes Logo

Boeing CEO confident in new 787 delivery target

Boeing Co may have overextended the global supply chain on its long-overdue 787 Dreamliner program, but the company is confident it will meet its third-quarter delivery target, Chief Executive Jim McNerney said on Wednesday.
AOL

Would 2011 be Year of Come-Back for AOL?

Internet company AOL, Inc. (AOL) reported better-than-expected fourth quarter results on the top-line, with in-line earnings. Management believes that 2011 is the come back year for AOL. Jefferies & Co. reduced its price target on shares of AOL to $26 from $27, while maintaining its hold rating.
IBTimes Logo

African Barrick Gold misses 2010 output target

African Barrick Gold (ABGL.L) said fourth-quarter output rose from the preceding quarter as its new Buzwagi mine overcame production difficulties by mid-November, but missed its overall output target for the year.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.