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Gregg Steinhafel

Target CEO out in management shake-up

Claman on Call: FBN’s Cheryl Casone with an after-hours web exclusive on the markets, Target’s management shake-up and FBN’s Liz Claman’s interview with Berkshire Hathaway CEO Warren Buffett, Berkshire Hathaway Vice Chairman Charlie Munger and Microsoft founder Bill Gates.

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  1. Senators Ask Target for More Breach Info

    Two key U.S. senators have written to Gregg Steinhafel, chief executive officer of Target Corp, seeking "detailed information" on the hacking of credit and debit car...

  2. Target Apologizes Again, Still Vague on Details

    Target Corp began a major public relations effort on Monday to apologize to customers for an unprecedented cyber attack on its network, but the No. 3 U.S. retailer w...

  3. Target Discloses Wider Data Breach, Cuts Outlook

    Target Corp. said Friday it has discovered that more information for up to 70 million customers was stolen in last year's data breach. The stolen information include...

  4. Target 'Guest Info' Also Stolen in Black Friday Breach

    Target (NYSE:TGT) said Friday the number of customers affected by its holiday shopping data breach surged to 70 million from 40 million, and the range of information...

  5. State Attorneys General Target Target

    Four state attorneys general now say they are demanding answers from Target, as the threat of class action lawsuits from customers mounts.Massachusetts attorney gene...

  6. Target's Massive Breach: What You Should Do Now

    Target shoppers who hit the store at the peak of this year's holiday shopping season woke up to some unwelcome news Thursday morning from the retail giant: their cre...

  7. Target Says Data Theft May Include 40M Cards

    Target (NYSE:TGT) said a massive theft of credit and debit card data from its stores may have impacted 40 million accounts, one of the largest security breaches ever...

  8. Target Posts 46% Profit Drop, Cuts Outlook

    Target (NYSE:TGT) revealed on Thursday a 46% tumble in third-quarter profits and a dimmer outlook for full-year profits as the discount retailer grapples with "const...

  9. Target blames Canada and cautious shoppers as it warns on year

    Target Corp warned of weak annual sales and profits on Wednesday as U.S. shoppers remain cautious and its new Canadian stores are not doing as well as anticipated.Sh...

  10. Target warns on annual profit, cites cautious shoppers

    Target Corp warned on Wednesday its annual profit was likely to be near the low end of its forecast as it anticipated continued cautious consumer spending, the lates...

  11. Target sees year profit near low end of view on cautious shoppers

    Target Corp warned on Wednesday its annual profit was likely to be near the low end of its forecast as it anticipates continued cautious consumer spending, the lates...

  12. Target 2Q Profit Weighed Down By Canada Costs

    Target (NYSE:TGT) said Wednesday its second-quarter earnings were down 13% on costs related to its expansion into Canada, while the discount retailer saw weaker-than...

  1. Target CEO Steinhafel steps down

    FBN’s Lori Rothman reports that Target is replacing CEO Gregg Steinhafel ; CFO John Mulligan will serve as interim CEO.

  2. Target Tech Chief Beth Jacob Resigns

    Target (NYSE:TGT) said its chief information officer will resign as the company overhauls its digital security following one of the worst credit card breaches in his...

  3. Target's Information Chief Leaves After Breach

    Beth Jacob, Target Corp.'s chief information officer, is leaving as the No. 2 U.S. discounter is still dealing with the aftermath of a massive data breach that poten...

  4. Target CEO: Sales Recovering From Data Breach

    In a reassuring sign to investors, Target Corp. Chief Executive Gregg Steinhafel said on a conference call Wednesday that the company's sales have started to recover...

  5. Data Breach Cuts Into Target's 4Q Profit

    Target's (NYSE:TGT) earnings tumbled 46% in the fourth quarter, as the fallout from a massive data breach during the holiday shopping season cut into the retailer's ...

  6. Expect less and pay more with Target's credit monitoring

    First Target dropped the ball by failing to protect 40 million customers whose payment card data was stolen by hackers and another 70 million shoppers whose names, a...

  7. Are Chip-Based Cards in the Near Future?

    The recent massive data breaches at retailers over the holiday season that compromised at least 70 million customers' credit card information have some experts predi...

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