Port of LA whittles dwell time despite record container volumes [Yahoo! Finance]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: Yahoo! Finance
Container volume totaled 905,025 twenty-foot equivalent units, up 25% from 725,774 TEUs in October 2023. Loaded imports were 462,740 TEUs, up 24% from 372,454 TEUs y/y, while loaded exports of 122,716 TEUs were flat from 121,277 TEUs a year ago. The port handled 319,570 empty TEUs, an increase of 38% from 232,043 TEUs in October 2023. It was the first time the port had handled more than 900,000 TEUs for four consecutive months, a surge that Port Executive Director Gene Seroka in a media presentation on Wednesday attributed to rising retail sales and falling interest rates. “We are seeing a resilient consumer and an overall strong economy,” said Seroka, adding that some shippers in October chose Los Angeles for discretionary cargo to avoid labor disruptions at East Coast ports. He also said volumes benefited from more direct trans-Pacific services by ocean carriers. Year-to-date volume is 8,491,420 TEUs, a jump of 19% from 7,123,900 TEUs y/y. The surging demand is confirmed
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News
- Target Co. (NYSE: TGT) was downgraded by analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating.MarketBeat
- Target Co. (NYSE: TGT) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "hold" rating.MarketBeat
- Q3 Earnings Buzz: Target Stock Falls Nvidia Shares Flat [Yahoo! Finance]Yahoo! Finance
- An Investigation Has Commenced on Behalf of Target Corporation Shareholders Contact Levi & Korsinsky to Discuss your TGT LossesAccesswire
- Target Accused of Breach of Contract in Lawsuit From Bullseye Dog Mascot Supplier [Yahoo! Finance]Yahoo! Finance
TGT
Earnings
- 11/20/24 - Miss
TGT
Sec Filings
- 11/20/24 - Form 8-K
- 11/13/24 - Form SC
- 10/15/24 - Form 8-K
- TGT's page on the SEC website