ADVFN - Advanced Financial Network.
HOME» NYSE » T » TGT Stock Price » TGT Stock News

Target Share News

 Target Corp Stock Price
TGT Stock Price
 Target Corp Stock Chart
TGT Stock Chart
 Target Corp Stock News
TGT Stock News
 Target Corp Company Information
TGT Company Information
 Target Corp Stock Trades
TGT Stock Trades

Wal-Mart Opposes Planned Settlement With Credit-Card Giants

By Tess Stynes Wal-Mart Stores Inc. (WMT) became the latest major retailer to speak out against a planned multi-billion interchange-fee settlement between Visa Inc. (V) and MasterCard Inc. (MA) and companies that accept electronic payments. The roughly $7 billion settlement stems from long running litigation taking aim at the fees on each card swipe as well as rules Visa and MasterCard require merchants to abide by to accept their cards. On Tuesday, the world's biggest retailer said the proposed deal "would not structurally change the broken market or prohibit credit-card networks from continually increasing hidden swipe fees, which already cost consumers tens of billions of dollars each year." Wal-Mart's comments mirror remarks last week from Target Corp. (TGT), the second largest retailer by sales in the U.S. behind Wal-Mart. Visa and MasterCard credit cards accounted for 68% of credit-card spending at U.S. merchants in 2011, according to the Nilson Report, a payments-industry newsletter. Write to Tess Stynes at Subscribe to WSJ:

Stock News for Target (TGT)
10/25/201615:03:00Target Unveils Holiday 2016 Plans, Including More Ways for Guests...
10/24/201607:00:00Target-Exclusive 10-Disc Boxed Set “Garth Brooks: The Ultimate C...
10/20/201605:19:00Target annuncia una collaborazione con Victoria Beckham per la...
10/20/201605:19:00Target annonce sa collaboration avec Victoria Beckham pour sa...
10/20/201600:41:00Target kündigt für seine Frühjahrskollektion Kollaboration mi...
10/20/201600:39:00Target Announces Spring Collaboration with Victoria Beckham
10/18/201617:51:00John Stumpf Resigns From Boards of Target and Chevron -- 2nd...
10/18/201617:33:00John Stumpf Resigns From Boards of Target and Chevron -- Update
10/18/201617:30:00John Stumpf Resigns From Boards of Target and Chevron
10/18/201617:21:00John Stumpf Resigns From Boards of Target and Chevron
10/18/201616:32:06Current Report Filing (8-k)
10/14/201608:08:00BizWireTV Video News: How are Top Brands Contributing to Hurricane...
10/13/201608:00:00Amazon to Add 120,000 Workers for Holidays
10/13/201607:44:00Amazon to Add 120,000 Workers for Holidays
10/11/201614:58:00Target Donates $400,000 to Communities Affected by Hurricane...
10/05/201611:10:06Current Report Filing (8-k)
10/05/201608:30:00Reed’s, Inc. Announces Reed’s Ginger Brews now available in...
10/05/201603:03:00Target Hopes Smaller Stores Will Bring In More Millennials...
10/04/201612:36:00Target Goes After Younger Market With Small, Focused Stores

Target and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations