Target Sees Full-Year Profit at Low End of Forecast

Aug. 20 (Bloomberg) -- Bloomberg's Deirdre Bolton reports that Target Corp. said second-quarter profit fell 13 percent as consumers’ caution in the face of higher taxes and unsteady employment restrained sales. (Source: Bloomberg)
European Rate Decision Day
09:04 - The European Central Bank will announce its interest-rate decision at 1:45 p.m. Frankfurt time, with economists in a Bloomberg survey forecasting that the benchmark rate will be kept on hold at a record-low 0.05 percent. Lena Komileva, Managing Director and Chief Economist at G+ Economics gives her outlook to Mark Barton on “Countdown.”
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