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U.S. markets news

Target to cut thousands of jobs in $2B growth strategy
NEW YORK - Target plans to invest billions of dollars this year, streamlining operations, opening more small stores and creating a product mix designed to appeal to a younger, broader consumer demographic.
Target Plans To Win Back Shoppers Naturally  Forbes
Target Plans to Cut Jobs to Help Save $2 Billion  New York Times
BBC News  
Trucks, SUVs Drive February Auto Sales
February was truck month. With gasoline prices dipping to historic lows, people rushed out and bought crossovers, SUVs, and pickups like nobody's business.
Ford sales fall, Toyota sales increase in February  KRNV My News 4
Cold weather blamed for February's low automobile sales  New York Daily News
Best Buy reports better than expected earnings, increases shareholder dividend
Best Buy has reported 1.3 percent increase in revenue at $14.2 billion for fourth quarter. The company reported better sales in mobile phones and LED TV segment during the holiday season.
Best Buy signals new cost-cutting phase  The Columbian
Best Buy hikes shareholder dividend, offers one-time payment  SFGate
Callaway: This time Nasdaq 5000 is different
WASHINGTON, D.C. - Told ya the Nasdaq was a buy at 5000. OK, so it took 15 years, two presidencies, a couple of wars, a tech bubble collapse, a massive terrorist attack, a global financial crisis, and the rise and fall of reality TV.
Wall St falls from records, led by technology stocks
After Reaching Milestones, Markets Take a Breather  New York Times
Orexigen Therapeutics Shares Gap Up After Analyst Upgrade (OREX)
Orexigen Therapeutics logo Orexigen Therapeutics (NASDAQ:OREX)'s share price gapped up before the market opened on Tuesday after Piper Jaffray raised their price target on the stock from $16.00 to $26.00, American Banking News.
Orexigen jumps on possible heart benefit  U-T San Diego
Report: Orexigen Therapeutics Jumped Gun On Contrave Heart Study  Benzinga
Dick's scores with Q4 beat
The sports equipment retailer reported EPS of $1.30 a share, up 17% and beating estimates for $1.22. That marks the biggest quarterly profit gain since Q4 '13.
Dick's sees overwhelming trading volume following better than expected ...  SMN Weekly
Dick's Sporting Goods Posts Stronger-Than-Expected Profit And Revenue  Forbes
Some passengers on Asiana flight in California crash settle -AP
March 3 (Reuters) - About 70 passengers of an Asiana Airlines Inc flight that crashed at the San Francisco airport in 2013 have reached a settlement with the airline, the Associated Press reported on Tuesday.
72 passengers reach settlements with Asiana Airlines, Boeing after deadly ...  Washington Post
APNewsBreak: 72 passengers reach settlements in Asiana crash  The Herald Journal
Airlines reject rechargeable battery shipments
WASHINGTON - Two major U.S airlines say they will no longer accept rechargeable battery shipments as new government tests confirm that explosions and violent fires are likely to occur when large numbers of batteries enclosed in cargo containers ...
AP Exclusive: Airlines reject rechargeable battery shipments  Imperial Valley Press
United Joins Delta in Banning Bulk Shipments of Rechargeable Batteries  TravelPulse
Uber snaps up mapping company deCarta
The ride-hailing service acquires deCarta to amp up its carpooling feature and the way it figures out passengers' ETAs. by Dara Kerr · @darakerr; 4 March 2015 1:53 am GMT.
Uber buys deCarta to improve mapping and arrival estimates  PCWorld
Uber Bolsters Mapping Software With Rare Acquisition  Wall Street Journal (blog)
DuPont Rejects Trian Request to Use Universal Ballot in Director Vote
In a fight for its board with an activist investor, DuPont & Co. isn't looking to experiment with the rules. The chemical company rejected a request from Nelson Peltz and his firm, Trian Fund Management LP, to use what is known as a universal ballot in a coming ...
Trian's Proxy War With DuPont Revives Dormant Voting Debate  Forbes