Tag Archives: shares

Target shares fall on mixed fourth-quarter results, but company touts same-day e-commerce growth

Target shares fall on mixed fourth-quarter results, but company touts same-day e-commerce growth

A Target store in Culver City, California.Mark Ralston | AFP | Getty ImagesTarget on Tuesday outpaced fourth-quarter earnings expectations, but revenue fell short because of weak sales of toys, electronics and home goods over the holidays.Shares were up fractionally in premarket trading.Here's what Target reported compared with what analysts were expecting, based on a survey of…

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SoftBank shares jump 13% after Sprint merger approval

SoftBank shares jump 13% after Sprint merger approval

Shares of SoftBank Group Corp. 9984, +11.89% soared more than 13% in early trading Wednesday in Tokyo, as the Japanese conglomerate benefited from a U.S. judge's approval of the merger between Sprint Corp. S, +77.50% and T-Mobile US Inc TMUS, +11.78%. SoftBank is a major stakeholder in Sprint, which saw its shares skyrocket 78% during…

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