August 17, 2016

Target misses the mark, warns of weak sales ahead

Source: CNN

More bad news about the health of the U.S. consumer. Retail giant Target reported sales for the second quarter that fell more than 7% from a year ago -- and warned that another key measure of sales may drop in the third quarter and fourth quarter.
The second half of the year is usually great for big retailers like Target. Back-to-school shopping tends to boost sales in the late summer and consumers typically splurge on presents for the holidays during the fall.
But Target CEO Brian Cornell, who took over the company in 2014 following the a massive cyber security breach that compromised tens of millions of customers' credit and debit card accounts, warned that this is now a "difficult retail environment."
Cornell added during a conference call with analysts on Wednesday that the company's grocery sales continue to be disappointing as well.
As a result, Target said same-store sales, which measures sales at retailers open at least a year, could fall as much as 2% in the third and fourth quarters. Target also slashed its earnings outlook for the third quarter.

Read more: http://money.cnn.com/2016/08/17/investing/target-earnings-retail-consumer-spending/index.html

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Ugh. Damn Conservatives and their spoiled brat behavior. So pissed. Liberals need to go to Target more.

August 16, 2016

Pennsylvania attorney general found guilty on all counts

Source: New York Times

Attorney general

Read more: http://mobile.nytimes.com/2016/08/16/us/trial-kathleen-kane-pennsylvania-attorney-general.html?_r=0&referer=https://www.google.com/

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The story at link. Ashame as she had promise and a great future in politics.

August 15, 2016

Georgia officer shot dead while responding to call

Source: CNN

State police have named a suspect -- 24-year-old Royheem Deeds -- in the shooting death of a central Georgia police officer. They said Deeds is considered armed and dangerous.

About 9:30 p.m. Saturday, officer Tim Smith responded to a Dodge County 911 call reporting a suspicious person at an intersection in Eastman, a town of 5,000 about an hour's drive southeast of Macon.
"Officer Smith arrived in the area and encountered an individual. Officer Smith exited his patrol car to investigate and was shot by the individual. Officer Smith returned gunfire and the individual fled the scene," a Georgia Bureau of Investigation news release said.
Smith had been with Eastman police for more than five years, the GBI said.

Read more: http://www.cnn.com/2016/08/14/us/georgia-officer-shot-dead/index.html

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Terrible all over the place.