Market movers: Stocks seeing action on Tuesday


Source: theglobeandmail.com theglobeandmail.com

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A survey of North American equities heading in both directions On the rise Target (TGT-N) on Tuesday reported higher holiday-quarter earnings on a smaller-than-expected sales decline and predicted that annual comparable sales would come in largely above Wall Street expectations, sending its shares soaring. The mass merchandiser is banking on same-day services, product launches and a new membership program to boost spending at its stores. Target reported adjusted earnings of US$2.98 per share in the fourth quarter, compared to US$1.89 per share in the same period a year earlier. Analysts on average expected US$2.42 per share, according to LSEG estimates....