Dow futures slipped slightly on Wednesday as investors adopted a cautious stance ahead of Federal Reserve Chair Jerome Powell's upcoming remarks at the Jackson Hole Symposium.
The board unanimously elected COO Michael Fiddelke to succeed Cornell starting February 1.
CNBC's Becky Quick reports on the company's quarterly earnings results.
Michael Fiddelke, Target's current chief operating officer, will replace CEO Brian Cornell on February 1 as the retailer works on its turnaround strategy.
Shares of Target Corp. TGT+0.39% slumped 6.8% in premarket trading Wednesday, after the discount retailer said it was replacing for Chief Executive Brian Cornell, who has been in charge for the past 1
Target named insider Michael Fiddelke on Wednesday as its new CEO to succeed long-time top boss Brian Cornell, and beat quarterly estimates, helped by a recovery in traffic at its stores and average r
Chief Operating Officer Michael Fiddelke, who will take the top job in February, said the retailer needs to revive its focus on stylish merchandise.
Target has named Michael Fiddelke, its current chief operating officer, as its next CEO. Fiddelke will succeed Brian Cornell on Feb. 1.
Target's struggles continued in its recent quarter, but the retailer said its results "showed encouraging signs of recovery."

Target Corporation Reports Second Quarter Earnings

06:30am, Wednesday, 20'th Aug 2025
Target's Board of Directors unanimously appoints Michael Fiddelke to serve as Target's next CEO. For additional details, please visit: https://corporate.target.com/press/release/2025/08/target-appoint
Michael Fiddelke, chief operating officer, to succeed Brian Cornell as chief executive officer and join Target's Board of Directors Cornell, chair and chief executive officer, to serve as executive c
Target will report earnings before the bell on Wednesday. The discounter's annual sales have been stagnant for roughly four years and it forecast a sales decline for this fiscal year.

Target: A Long-Shot Bet

07:13pm, Tuesday, 19'th Aug 2025
Target's recent Q2 report was disastrous, leading to a sharp decline in the stock. Despite the negative results, there is a basic bullish scenario for Target at long odds. Investing in Target now is a
Zihahn Ma, Bernstein, joins 'Closing Bell Overtime' to talk what to expect from Target quarterly results.
The 2025 Q2 earnings season continues to slowly wind down, with this week's docket primarily dominated by retail. The period has been resilient, with earnings growth remaining strong and a strong numb
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