|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
THE RESULTS: Target reported third-quarter adjusted earnings of 90 cents per share. Revenue rose 3 percent to $16.6 billion. Analysts, on average, expected earnings of 78 cents per share on revenue of $16.91 billion.
HOLIDAY FORECAST: Target said Thursday that it expects fourth-quarter adjusted earnings between $1.64 and $1.74 per share. Wall Street predicts earnings of $1.50 per share.
OPTIMISM: The critical holiday shopping season can make up 40 percent of a retailer's annual revenue. Target Corp. is optimistic about the period, citing its new price matching program and a holiday collection partnership with luxury department store Neiman Marcus.