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Target, still recovering from data hack, cuts profit forecast
Target Corp. reduced its annual profit outlook Wednesday while reporting second-quarter earnings that plunged from a year earlier.
Target's heavy baggage weighs down profits  USA TODAY
Target cuts annual profit outlook  Detroit Free Press
Forbes   Related articles »  
U.S. Stocks Fluctuate Before Fed Minutes, Jackson Hole
U.S. stocks were little changed, after the Standard & Poor's 500 Index climbed toward a record, as Lowe's Cos. fell on a weaker sales forecast and investors awaited minutes from the Federal Reserve's last meeting.
Wall St. flat ahead of Fed minutes; retailers resilient  Reuters
Wall Street Flat Ahead of Fed Minutes  Fox Business
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Hertz's stock falls after car rental firm pulls forecast
(Reuters) - Shares of Hertz Global Holdings Inc were set to open down 12.3 percent on Wednesday after the car rental company pulled its full-year outlook late on Tuesday, prompting at least two brokerages to downgrade the company's stock.
Analyst on Hertz's woes: 'Difficult to find any positives'  MarketWatch
Hertz falls as review prompts company to withdraw 2014 forecast  NorthJersey.com
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UK Interest Rates Need Firmer Footing Despite Bank of England Dissenters
The Bank Of England needs to keep rates on hold until the U.K. economy is on a surer footing. Agence France-Presse/Getty Images. The Bank of England is assessing a tug of war, but it cannot really see either team.
Mark Carney, The Bank Of England's Monetary Policy Chameleon  Forbes
Inflation may hold back BOE rate hike, despite vote split  MarketWatch
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Argentina's Bonds Decline on Plan to Offer Local-Law Swap
Argentina's bonds sank to a two-month low after the government said it plans to pay foreign-currency notes locally to sidestep a U.S.
Argentina says proposed debt swap aims to protect investors  Reuters
Who to blame for Argentina's disastrous default? Its lawyers, of course  The Guardian
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UPDATE 1-Sears Canada reports loss, revenue slides 12 pct
(Adds details from statement, background). Aug 20 (Reuters) - Struggling department store chain Sears Canada Inc reported its ninth loss in 14 quarters as sales continued to decline.
Sears Canada reports ninth loss in 14 quarters  Proactive Investors USA & Canada
Struggling Sears Canada reports loss as revenue slides  The Globe and Mail
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FOREX-US dollar hovers near 11-month highs ahead of Fed minutes
... * Dollar gains on optimistic U.S. economic outlook. * Fed minutes due at 2:00 p.m. EDT (1800 GMT) (Updates prices, adds comments, changes byline, dateline, previous WARSAW).
Dollar Rises to 11-Month High Before Fed Releases Minutes  Bloomberg
Global stocks drift ahead of Fed minutes  Daily Item
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China slaps $201 mn fines on 12 Japanese auto makers
Beijing: Continuing with its crackdown on multinationals over anti-monopoly violations, China on Wednesday slapped USD 201 million fine on 12 Japanese auto parts suppliers accusing them of conniving to raise prices.
China hits 12 Japanese auto firms with fines in price-fixing probe  The Japan Times
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Why Fairchild Semiconductor (FCS) Stock Is Climbing Today
NEW YORK (TheStreet) -- Shares of Fairchild Semiconductor Intl. Inc. (FCS) are higher by 6.29% to $16.99 in mid-morning trading on Wednesday, following a Bloomberg report suggesting Infineon Technologies AG (IFNNY) is close to striking a deal to ...
Infineon Said to Hold Talks on $2 Billion US Deal  Bloomberg
Infineon poised to buy US chipmaker - source  Reuters Canada
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UPDATE 3-Staples warns of weak sales on low demand for core office supplies
(Adds details from conference call, analyst comment; updates shares). By Devika Krishna Kumar. Aug 20 (Reuters) - Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink, toner and ...
Staples reports lower profit but beats estimates  USA TODAY
Staples matches 2Q earnings expectations, tops revenue forecasts  Fox Business
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