leadf
logo-loader
viewTarget Corporation

Target, Samsung Electronics, Acuity Brands, Schnitzer Steel Industries - PRE-MARKET

What's moving the market ahead of the New York bell - Proactive takes a look ..

1515503582_Target_187188074.jpg
Target has raised its fourth quarter profit forecast

Wall Street stocks are seen starting higher after a mixed finish with retailer Target Corp (NYSE:TGT) a stock in focus in pre-market, up 3.97% at US$69.95.

The firm revealed that comparable store sales for November and December rose 3.4%, driven by strong traffic growth and online sales.

This has also led it to raise its fourth quarter profit forecast.

In other news, shares in Samsung Electronics Co Ltd (NYSE:SSNLF) slipped today as traders were underwhelmed by the company's profit estimate for its final quarter of fiscal 2017.

Acuity Brands Inc (NYSE:AYI) shares shed 0.53% after the bell. Analysts expect the electronics firm to post quarterly earnings at US$2.11 per share on revenues of US$879.31mln before the bell.

Schnitzer Steel Industries Inc (NASDAQ:SCHN) saw shares race up over 6% yesterday and almost 1% after the bell.

Wall Street expects the metals firm to post quarterly earnings of US$0.58 per share on revenues of US$485.21mln before the opening bell.

Quick facts: Target Corporation

Price: 163.29 USD

NYSE:TGT
Market: NYSE
Market Cap: $81.75 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Emperor Energy welcomes strong support for SPP as it progresses with Judith...

Emperor Energy Ltd's (ASX:EMP) Carl Dumbrell joins Proactive's Andrew Scott soon after receiving firm commitments to raise $656,000 through its share purchase plan (SPP) – attracting more than double the minimum $300,000 target. Net proceeds will go towards strengthening the company’s balance...

6 hours, 17 minutes ago

2 min read