Diamonds and Dogs


Target (TGT) higher following earnings. The big box retailer rose 2% after easily beat estimates as sales rose a percent to $31.39 billion. This was the first quarterly beat of Wall Street's expectations for Target in a year, as it shifted its focus to selling more food and lower-priced items under its higher-margin private-label brands including Favorite Day, Good & Gather and Mondo Llama.

Goldman Sachs (GS) fell 3% following a, investor day in New York. Goldman didn't have much new news to disclose with long term targets of 14-16% RoE, 15-17% Rote and 60% Efficieny ratio. The company also announced a new $30 billion share repurchase program which would account for 25% of their market cap.

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