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Target Remains Firmly Negative After Early Decline

After an early move to the downside, shares of Target (TGT) continue to see significant weakness in afternoon trading on Tuesday. Target is currently down by 4.3 percent.

The early decline by Target came after the retailer reported fourth quarter earnings that came in below analyst estimates.

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Toyota Motor Corp. (TYT.L, TM) reported a sharp decline in worldwide sales in February to 733,305, down 4.6 percent from the comparable period. The worldwide sales of Toyota were down 3.7 percent to 651,868. Total sales outside Japan decreased 3.1 percent to 542,886. For February, the car maker recorded... Tesla said it will produce ventilators at its Gigafactory in Buffalo, New York to support the city's hospitals amid the coronavirus pandemic. New York is the worst affected state in the U.S. Last Saturday, Musk tweeted that he "had a long engineering discussion with Medtronic about state-of-the-art ventilators. Luxury fashion house Ralph Lauren will donate $10 million to help fight the coronavirus pandemic and manufacture face masks as well as medical gowns in the U.S. The company's charity arm, the Ralph Lauren Corporate Foundation, said in a statement that it is committing $10 million towards the global response to the COVID-19 pandemic.
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